Total consumption of natural gas averaged around 57.5 Bcf per day, 4% higher on a weekly basis due to rising usage for power generation.
Following EIA's latest commentary, natural gas prices gained around 3.5% last week to settle at $2.806 per MMBtu on Friday.
EQT posts mixed first-quarter 2018 results on the back of higher production, partially offset by increased operating expenses and lower realized prices.
Crude was supported by various catalysts, including strong demand and continued production curb. Favorable developments have buoyed investors' optimism on first-quarter results.
We expect average daily natural gas equivalent sales volume for EQT Corp (EQT) to be higher in Q1.
Cost inflation triggered by increased fracking sand pricing is likely to drag down the Halliburton's (HAL) bottom line.
EQT reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Zacks Analyst Blog Highlights: Concho Resources, Devon Energy, EQT, Apache and Cheniere Energy
Over six months, the energy sector up 9.9%. Independent refiner Valero Energy Corporation (VLO) was the major gainer during this period, experiencing a 37.9% price appreciation.
EQT Corporation (EQT) intends its deal to be tax-free for the company's shareholders, who is likely to retain their EQT shares and receive a pro-rata share of the new entity.