EQT Corporation Surges to 243rd in Trading Volume with $573 Million Day Despite Stock Price Drop

On April 3, 2025, EQT Corporation (EQT) saw a trading volume of $573 million, marking a 38.26% increase from the previous day. This surge placed EQT at the 243rd position in terms of trading volume for the day. However, despite the high trading volume, EQT's stock price fell by 4.63%.

EQT Infrastructure VI fund has announced its acquisition of Eagle Railcar Services, a US-based company specializing in railcar repair and maintenance. Founded in 2001, Eagle Railcar Services has grown from a single location in Elkhart, Texas, to a network of 13 full-service facilities across the US. The company provides essential services for the inspection, repair, and maintenance of railcars, ensuring the safe transportation of both hazardous and non-hazardous materials.

Neha Jatar, managing director within EQT’s infrastructure advisory team, highlighted the strategic importance of this acquisition. She noted that Eagle Railcar Services plays a crucial role in facilitating the safe transportation of chemicals and other critical materials, which are vital to the global economy. EQT's investment is aimed at supporting Eagle's network of facilities, employees, and customers, fostering growth and enhancing service offerings.

Marc Walraven, CEO of Eagle Railcar Services, expressed enthusiasm about the partnership with EQT. He emphasized that EQT's industry expertise and investment capabilities will drive Eagle's continued growth, expand its service offerings, and broaden its operational footprint. Together, they are committed to delivering superior value to customers.

Last week, EQT announced that its latest global infrastructure fund closed above its €20 billion target, reaching €21.5 billion. The acquisition of Eagle Railcar Services is expected to bring EQT Infrastructure VI’s invested capital to 45-50%, including closed and/or signed investments, applicable public offers, and adjustments for anticipated syndication.

EQT Corporation has also scheduled the release of its first-quarter financial and operating results for April 2025. This announcement is part of the company's ongoing efforts to provide transparency and updates to its investors and stakeholders.