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EQT Sells Stake in Midstream Assets
EQT Sells Stake in Midstream Assets to Blackstone for $3.5B
Key Takeaways EQT shares rose after the natural gas producer said Blackstone’s credit and insurance business is buying a $3.5 billion stake in its midstream assets through a joint venture.EQT said the money raised will be used to buy back its debt.
EQT forms midstream joint venture with Blackstone unit
EQT, a US-based natural gas producer, has announced a midstream JV with Blackstone Credit & Insurance (BXCI), a unit of investment major Blackstone. The JV includes EQT's interests in key infrastructure assets such as the Mountain Valley Pipeline (MVP), transmission and storage facilities, as well as the Hammerhead Pipeline.
EQT Secures $3.5 Billion Boost: Blackstone JV To Power Midstream Expansion
EQT Corporation (NYSE:EQT) shares are trading higher after the company announced it entered into a definitive deal with funds managed by Blackstone Credit & Insurance (BXCI) to form a new midstream joint venture.
22h
Stonepeak Hires EQT’s Brode for Digital Infrastructure Bets
Stonepeak hired EQT AB managing director Richard Brode to work on digital infrastructure investments, according to people ...
4h
EQT Corporation Enters Midstream Joint Venture and Initiates Tender Offer and Consent Solicitation
EQT Corporation, a Pennsylvania-based company, disclosed on November 25, 2024, that it had entered a definitive agreement to establish a midstream joint venture through certain subsidiaries, including ...
PublicSource on MSN
3d
EQT’s ‘bulldog’ has D.C. in his grip, with profits — and maybe higher gas bills — on the horizon
With fracking supporters Donald Trump and Dave McCormick headed for Washington, Rice’s Pittsburgh natural gas corporation is ...
Inside Climate News
1d
A Pennsylvania Fracking and Gas Company Is Poised for Profits and Pipelines After GOP Wins
In a speech Rice would later call the “Shalennial Situation Report,” the president and CEO of
EQT
Corp. outlined the ...
7h
EQT (NYSE:EQT) Stock Price Expected to Rise, Morgan Stanley Analyst Says
EQT (NYSE:EQT – Free Report) had its price objective boosted by Morgan Stanley from $45.00 to $56.00 in a research note ...
3d
EQT-Backed Indira IVF Is Said to Weigh $400 Million Mumbai IPO
EQT AB is considering an initial public offering for Indira IVF that could raise about $400 million, according to people ...
2d
EQT Corporation price target raised to $56 from $45 at Morgan Stanley
Morgan Stanley raised the firm’s price target on EQT Corporation (EQT) to $56 from $45 and keeps an Overweight rating on the ...
2d
Cautious Hold Rating on EQT Amid Strategic Moves and Market Uncertainties
TD Cowen analyst David Deckelbaum maintained a Hold rating on EQT (EQT – Research Report) today and set a price target of $45.00.Don't Miss our ...
PE Hub
1d
Equistone exits footwear retailer, EQT to sell parcel business, as Raymond James sees distributions pickup
Exit activity is on the rise, with Raymond James seeing an increase in distributions as private equity firms begin to sell ...
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