EQT To Swap $500M Of Gas Assets As Part Of Divestiture Plan

By Al Barbarino (April 15, 2024, 3:58 PM EDT) -- EQT Corp. and Equinor said Monday that they have agreed to an asset swap arrangement that will include Equinor paying $500 million in cash for a minority stake in EQT's nonoperated natural gas assets in Northeast Pennsylvania, part of a broader EQT strategy to divest assets and reduce debt ahead of its planned close of an energy mega-deal. ...

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