EQT is a strong candidate to join our Sweet 16. Here is a preview.
The oil and gas market is approaching the end of 2015—which will no doubt go down as a highly tumultuous year for the industry. In spite of the dive in oil prices, some companies have positioned themselves well for capturing the upside through advantageous acquisitions, reliable takeaway capacity, attractive hedges and low-cost production. Or a combination of factors.
Today’s focus is EQT Corporation, a Marcellus/Utica pure play headquartered in Pittsburgh, Pennsylvania. The company has drilling rights to nearly 3.4 million acres across Kentucky, Ohio, Pennsylvania, Virginia and West Virginia, and is established as one of the low-cost providers in the natural-gas rich Appalachia.
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