EQT's Future Looks Significantly Brighter As Rice Brothers Take Control Of The Board [Seeking Alpha]
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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Source: Seeking Alpha
EQT's Future Looks Significantly Brighter As Rice Brothers Take Control Of The Board Summary The Rice brothers have officially won what may be the largest proxy battle of 2019, taking control of the board at leading natural gas producer EQT. Large EQT owners, including D. E. Shaw, T. Rowe Price, and CalSTRS voted in favor of the 7-director slate proposed by Toby Rice's group. Two years after selling Rice Energy to EQT, the Rice brothers will now lead the combined company with the promise to deliver significantly better well economics and higher cash flows. I, for one, am very bullish on this development and expect to see significant gains in the stock as Toby Rice begins to execute his plan to improve operations. Two years ago, Toby and Daniel Rice sold Rice Energy, the Marcellus Shale natural gas driller they had founded, to EQT ( over $6 billion. won over 80% approval This is a significant positive development for EQT shareholders who saw terrible operating results in 2018 as EQT ma
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TROW
Earnings
- 2/8/24 - Beat
TROW
Sec Filings
- 4/25/24 - Form 485BPOS
- 4/25/24 - Form 485BPOS
- 4/25/24 - Form 485BPOS
- TROW's page on the SEC website