EQT Reports 23% Increase in Q4 Production, Eyes Steady Growth in 2024
Pittsburgh-based natural gas giant EQT Corp saw a substantial increase in its production volumes, recording a 23% rise in the fourth quarter. The company successfully produced 564 billion cubic feet of natural gas equivalent during this period, aligning perfectly within its projected guidance of 525 to 575 billion cubic feet. This notable growth is attributed to the company’s emphasis on operational efficiency gains and strong well performance.
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