EQT Corporation's Trading Volume Drops 55.02% to $30.5 Million, Ranking 304th in Daily Volume

On March 24, 2025, EQT Corporation's trading volume reached $30.5 million, marking a 55.02% decrease from the previous day. This placed EQT at the 304th position in terms of trading volume for the day. EQT's stock price rose by 2.12%.

EQT Corporation has extended the expiration date for its exchange offers and consent solicitations to March 28, 2025. This extension allows for the exchange of existing notes issued by EQM Midstream Partners, LP, an indirect wholly owned subsidiary of EQT, for new notes to be issued by EQT and cash. The total aggregate principal amount of new notes to be issued is up to $4.541839 billion. The settlement date for these transactions is expected to be April 2, 2025.

EQT has also waived the condition that EQM receive the requisite number of consents to adopt the proposed amendments with respect to all existing EQM notes. This waiver simplifies the process and ensures that the exchange offers and consent solicitations can proceed smoothly. The proposed amendments aim to eliminate substantially all of the restrictive covenants, certain events of default, and other provisions currently contained in the existing EQM indentures.

EQT Corporation is a leading vertically integrated natural gas company with operations focused in the Appalachian Basin. The company is committed to responsibly developing its assets and maintaining a strong operational efficiency, technology, and sustainability culture. EQT's values of trust, teamwork, heart, and evolution guide its operations and interactions, ensuring a focus on safety, environmental responsibility, and stakeholder satisfaction.