EQT Corporation

EQT Corporation is an American energy company engaged in hydrocarbon exploration and pipeline transport.

EQT is the largest natural gas producer in the Appalachian Basin[2] with 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, including approximately 1.5 million gross acres in the Marcellus Formation, as of December 31, 2019.

[12] EQT opened one of the first compressed natural gas (CNG) fueling stations in the Strip District of Pittsburgh in 2011.

[19] Rice led the company in acquiring Chevron's Appalachian assets in October 2020 for $735 million,[20] Marcellus shale assets in Pennsylvania from Alta Resources Development in May 2021 for $2.9 billion,[21] and the Marcellus shale holdings of THQ Appalachia I LLC in September 2022 for $5.2 billion.

The last purchase included XcL Midstream, the owner of 95 miles (153 km) of natural gas pipeline.

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