EQT Corp. (EQT.US) sells a portion of its natural gas pipeline to Blackstone (BX.US) for $3.5 billion

Market IntelMonday, Nov 25, 2024 9:00 am ET

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EQT --

EQT Corp (EQT.US) said private equity firm Blackstone Group (BX.US) has agreed to buy a minority stake in some of its natural gas pipelines for about $3.5 billion.

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bigbear0083

11/25

$EQT Just sold a major stake in its midstream assets to Blackstone for $3.5 billion. EQT (EQT) stock surged following news that Blackstone's (BX) credit and insurance segment is purchasing a $3.5 billion stake in its midstream assets through a joint venture. Check it out here: https://www.stck.pro/news/EQT/94232269/

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