UPDATE: EQT Corp. (EQT) Misses Q2 EPS by 1c

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Go back to UPDATE: EQT Corp. (EQT) Misses Q2 EPS by 1c

EQT Reports Second Quarter 2018 Results

July 26, 2018 6:30 AM EDT

Board authorizes $500 million share repurchase program

PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced financial and operational performance results for the second quarter 2018.

Highlights:

Increase of 116% in net cash provided by operating activities Increase of 128% in adjusted operating cash flow Decrease of 20% in Productions per unit cash operating costs Approved a 19.9% retention of SpinCo stock Authorized a $500 million stock buyback program Completed midstream streamlining transactions Announced and completed the sale of Huron assets Completed sale of Permian assets Financial Results   Three Months Ended  ... More