EQT
 |
|
| Public company | |
| Traded as | : EQT S&P 500 Component |
| Industry | Petroleum industry |
| Founded | 1888 |
| Founder | Michael and Obediah Haymaker |
| Headquarters |
EQT Plaza Pittsburgh, Pennsylvania, United States |
|
Key people
|
David L. Porges , Chairman & CEO Philip P. Conti, CFO |
| Products |
Petroleum Natural gas Natural gas liquids |
|
Production output
|
2,074 million cubic feet of natural gas equivalent (2016) |
| Revenue |  US$1.608 billion (2016) |
| -US$452.983 million (2016) |
|
| -US$452.983 million (2016) |
|
| Total assets |  US$15.472 billion (2016) |
| Total equity | US$9.119 billion (2016) |
|
Number of employees
|
1,809 (2016) |
| Website | www |
EQT Corporation is a petroleum and natural gas exploration and pipeline company headquartered in EQT Plaza in Pittsburgh, Pennsylvania.
EQT Production is one of the largest natural gas producers in the Appalachian Basin with 13.508 trillion cubic feet equivalent of proved natural gas, natural gas liquids, and petroleum reserves across approximately 3.6 million gross acres, including approximately 790,000 gross acres in the Marcellus Shale, as of December 31, 2016. Of the company's total proved reserves, 83% are located in the Marcellus Shale.
Average daily production in 2016 was 2,074 million cubic feet of natural gas equivalent.
EQT Production also owns 6,550 miles of gathering lines and 18 natural gas storage reservoirs with nearly 645 MMcf per day of peak delivery capability with 43 Bcf of working gas capacity.
Via its interest in EQT GP Holdings, LP (: EQGP), the company owns a controlling interest in EQT Midstream Partners, LP (: EQM). EQM owns and operates midstream assets in the Appalachian Basin.
The affiliated EQT Foundation has donated more than $37 million to charitable and philanthropic endeavors.
In 1884, Michael and Obediah Haymaker struck gas outside of Pittsburgh, PA.
In 1888, Equitable Gas Company was incorporated as a subsidiary of Philadelphia Company.
In 1950, the company separated from the Philadelphia Company and listed on the
In 1984, the company changed its corporate name to Equitable Resources, Inc.
In 1995, the company offered the first fixed bill energy contract in U.S. where what a customer pays for energy is fixed no matter what the weather does.
...
Wikipedia