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Stock Market & Financial Investment News

News Breaks
January 17, 2013
07:43 EDTEQTEQT Corporation downgraded to Hold from Buy at Stifel Nicolaus
Stifel Nicolaus downgraded EQT on valuation. Fair value range $63-$65.
News For EQT From The Last 14 Days
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September 2, 2014
08:14 EDTEQTEQT Corporation, NextEra Energy announce Mountain Valley pipeline project JV
EQT Corporation (EQT) and NextEra US Gas Assets, LLC, an indirect, wholly owned subsidiary of NextEra Energy, Inc (NEE) today announced the formation of a joint venture, Mountain Valley Pipeline, LLC, that will construct and own the Mountain Valley Pipeline. The joint venture also announced the launch of a binding open season for the Mountain Valley Pipeline. The companies also announced EQT Corporation, through one or more of its affiliates, including EQT Midstream Partners, LP (EQM), will operate the pipeline and own a majority interest in the joint venture. With a vast supply of natural gas from Marcellus and Utica shale production, the Mountain Valley Pipeline is expected to provide at least two billion cubic feet per day of firm transmission capacity to demand markets in the Mid- and South Atlantic regions of the United States. Subject to FERC approval, the estimated 330-mile Mountain Valley Pipeline will connect the existing Equitrans transmission system in West Virginia, to Transcontinental Gas Pipeline Company’s Zone 5 compressor station 165 in Virginia – a highly marketable trading area for the southeast region. To-date, the joint venture has received firm capacity commitments that total 1.5 Bcf per day. The pipeline is expected to be in-service during the fourth quarter 2018.

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