EQT Corp. (EQT) Tops Q3 EPS by 15c; Announces CEO Succession
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Q3 2016 Results Announced for EQT Midstream Partners and EQT GP Holdings
October 27, 2016 6:32 AM EDTPITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) today announced third quarter 2016 results, including net income of $126.6 million, adjusted EBITDA of $136.0Â million, net cash provided by operating activities of $101.7 million, and distributable cash flow of $125.7 million. EQM operating income was $121.4 million and adjusted operating income was $120.7 million, each 18% higher than the same quarter last year. The Non-GAAP Disclosures section of this news release provides reconciliations of non-GAAP financial measures to their most comparable GAAP financial measure as well as important disclosures regarding projected adjusted EBITDA and projected distributable cash flow.
... More
EQT Reports Third Quarter 2016 Earnings
October 27, 2016 6:31 AM EDTVolume growth continues; 2016 drilling plan on-track
PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced third quarter 2016 net loss attributable to EQT of $8.0 million, or $0.05 loss per diluted share (EPS), compared to third quarter 2015 net income attributable to EQT of $40.8 million, or $0.27 per diluted share. Net cash provided by operating activities was $274.3 million, $30.1 million higher than the third quarter 2015.
Adjusted net loss attributable to EQT was $44.2 million for the quarter, due to a decrease in natural gas prices, compared to an adjusted net loss attributable to EQT of $30.4 million in... More
EQT Names President Steven Schlotterbeck to Succeed David Porges as CEO in 2017
October 27, 2016 6:15 AM EDTPorges to Retire as CEO, Remain Chairman of EQTs Board of Directors
PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT), today, announced that Steven T. Schlotterbeck, EQTs current President, will succeed David L. Porges as Chief Executive Officer when Porges retires from that position in the first quarter of 2017, following the filing of the Companys 10-K. Porges will remain as Chairman of EQTs Board of Directors for one year following his retirement as CEO.
A similar leadership transition will also occur for EQT Midstream Partners, LP... More
EQT Names President Steven Schlotterbeck to Succeed David Porges as CEO in 2017
October 27, 2016 6:15 AM EDTPorges to Retire as CEO, Remain Chairman of EQTs Board of Directors
PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT), today, announced that Steven T. Schlotterbeck, EQTs current President, will succeed David L. Porges as Chief Executive Officer when Porges retires from that position in the first quarter of 2017, following the filing of the Companys 10-K. Porges will remain as Chairman of EQTs Board of Directors for one year following his retirement as CEO.
A similar leadership transition will also occur for EQT Midstream Partners, LP... More
