Asset SaleEQT's asset sale price for NEPA non-op assets was modestly below expectations.
Market ConditionsNear-term, the rebalancing of the gas market appears stuck in second gear given the pending startup of Matterhorn, a possible warm winter, LNG construction delays and curtailed volumes.
Stock PerformanceEQT shares have lagged its natural gas peers largely reflecting the company’s above average balance sheet leverage.