US suffers decline in natural gas production as countries seek Russian alternative [FOX Business Network]
EQT Corporation (EQT)
Last eqt corporation earnings: 2/27 06:30 am
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Source: FOX Business Network
The U.S. is seeing its natural gas production decrease as several countries around the world are looking for new energy suppliers due to sanctions imposed on Russia following its invasion of Ukraine While the U.S. is the world's largest producer of natural gas, the two regions of the country most productive of the energy resource — the Appalachians and West Texas — are seeing production growth diminish. Natural gas companies attribute the slowdown to a lack of adequate pipeline infrastructure. An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. (REUTERS/Rick Wilking/File Photo / Reuters Photos) EU LEANS TOWARD RUSSIAN OIL BAN BY YEAR'S END, DIPLOMATS SAY Fuel prices had already begun to surge last fall and following Russia's invasion of Ukraine on Feb. 24, they have increased even further. This comes as European nations look to the U.S. for more liquefied natural gas as Europe looks to end its dependence on Russian fuel.
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- EQT Co. (NYSE: EQT) had its price target lowered by analysts at Piper Sandler from $47.00 to $41.00. They now have an "overweight" rating on the stock.MarketBeat
EQT
Earnings
- 4/23/24 - Miss
EQT
Sec Filings
- 4/23/24 - Form 8-K
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- EQT's page on the SEC website