U.S. natural gas production growth wanes as need arises [Financial Post (Toronto, Ontario, Canada)]
EQT Corporation (EQT)
Last eqt corporation earnings: 2/27 06:30 am
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Source: Financial Post
The United States is already the world’s largest producer of natural gas. But the two mainstays of production – the Appalachian region and West Texas – are seeing growth slow, with companies blaming lack of adequate pipeline infrastructure, despite prices near 14-year highs. Since Moscow invaded Ukraine on Feb. 24, U.S. gas prices have soared about 50% as European countries look to the United States, the world’s second biggest exporter, to sell more liquefied natural gas (LNG) to wean Europe off Russian fuel. Growth has slowed in Appalachia, which supplied about 37% of U.S. gas in 2021, because it has become increasingly difficult for energy firms to build new pipes to move gas out of the Pennsylvania, Ohio and West Virginia region. With pipelines in the Permian Shale, the nation’s second biggest gas supply basin, filling quickly, analysts said production growth in that Texas-New Mexico basin could slow significantly next year unless firms start building new pipelines soon. The Per
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EQT
Earnings
- 2/13/24 - In-Line
EQT
Sec Filings
- 4/15/24 - Form 8-K
- 4/11/24 - Form 8-K
- 4/2/24 - Form 4
- EQT's page on the SEC website