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EQT Revises 2020 CapEx Guidance Down by $50MM; New Range is $1.25-$1.35 Billion

By Criterion Research
January 14, 2020 -

EQT has reduced its 2020 capital spending guidance by $50 million to a new range of $1.25-$1.35 billion.  They attributed the drop to "continued operational efficiencies.  The firm will use $1 billion for reserve development, which includes 65% in the PA Marcellus 20% in the Utica and 15% in the WV Marcellus.


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Entities
EQT Corporation

Categories
Oil and Gas
Upstream

Commodities
Capital Spending
Crude Oil
Natural Gas
Natural Gas Liquids (NGL)

Tags
Capital Spending
Capital Spending Forecasts

Regions
Appalachia

Countries
United States

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