EQT intends to take a fourth-quarter 2019 non-cash impairment charge of $1.4-$1.8 billion due to the following:
1. "reducing the carrying value of certain proved and unproved properties as a result of management’s potential monetization of select, non-core exploration and production assets and depressed natural gas prices"
2. "the write-down of unproved properties which are primarily the result of changes to our development strategy and renewed focus on a refined core operating footprint"