EQT Corporation Shares Rise on Production Guidance Increase and Cost Cuts

Shares of EQT Corporation rose over 8% after the company raised its full-year production guidance while lowering capital expenditures. Despite missing revenue expectations due to lower gains from derivative contracts, management announced new supply agreements that offset concerns.

By Billy Duberstein · Motley Fool ·

EQT Corporation Shares Rise on Production Guidance Increase and Cost Cuts

Tickers: $EQT

Topics: energy production financial performance natural gas

Read the full article at Motley Fool

More World news