Financial PerformanceEQT reported a strong quarter, beating production estimates by 1% and achieving a consolidated EBITDA beat of 7%.
Growth OpportunitiesThe company's foray into the international market is consistent with its strategy that future value creation opportunities for gas producers such as EQT would increasingly be driven by margin optimization activities such as midstream and marketing.
Market PositionEQT is one of the largest U.S. gas producers and has an attractive position in the core of the Marcellus Shale, which sits at the bottom of the U.S. natural gas cost curve.