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's stock has underperformed its natural gas peers, impacted by its above-average balance sheet leverage.