Crown Castle's Small Cells Solutions division focuses on building and managing small cell networks across the country to meet the growing demands of mobile carriers. EQT has announced its plan to acquire this division for about $4.25 billion, highlighting its strategy to invest in stable infrastructure with significant market potential. The acquisition aims to support the company's future growth plans.
PITTSBURGH, March 10, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) has shared the initial results of its earlier announced tender offers. These include EQM Midstream Partners, LP's offer to buy back its 6.500% Senior Notes due 2027 and EQT's offer for its 3.900% Senior Notes due 2027, along with a request for consent from EQM Notes holders to make changes to the existing indenture. The details of these offers and the consent solicitation are outlined in the Offer to Purchase and Consent Solicitation Statement dated February 24, 2025, which remains unchanged.
PITTSBURGH, March 10, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) has announced the payment details for its tender offer to buy back its 3.900% Senior Notes due 2027. The total purchase price, not including any unpaid interest, will be up to a specified limit. The announcement includes a table with key terms of the offer, such as the principal amount and total consideration for the notes.
The main figures for EQT (EQT) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
The public offering raised a total of USD920 million, with EQT receiving approximately USD393 million. On February 24, 2025, an affiliate of EQT VIII announced the successful completion of the offering, which involved 23 million shares of Waystar Holding Corp. (NASDAQ: WAY).
EQT (EQT) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
This is a comparison of how EQT Corporation (EQT) and Berry Petroleum (BRY) have done in relation to their industry this year.
EQT Corp. has shown impressive operational results, surpassing its Q4 2024 expectations with increased production and reduced capital expenditures, which has improved its capital efficiency and free cash flow. The purchase of Equitrans has created cost savings and improved EQT's management of production and transportation expenses, enhancing its profitability. With positive natural gas prices and smart hedging strategies, EQT is set to produce substantial free cash flow, leading to a higher target price of $70 per share.
EQT's recent purchase has reduced expenses. The cold winter is expected to greatly increase profits in the first quarter because of higher natural gas prices. The expected recovery of natural gas prices in the long run and possible global market connections offer a bright outlook for EQT.
EQT's stock rose on Wednesday due to positive news about its profitability. This was the main point of interest in the natural gas producer's fourth-quarter report, leading to a nearly 1% increase in its stock value for the day.