EQT acquired Blackline Midstream to expand energy platform
Blackline owns two largest propane terminals in New England, adding 35 employees to EQT.
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Large-scale vertically integrated natural gas producer
eqt.comLast updated
In short: EQT achieved record cash flow, hit net-zero emissions, and expanded its portfolio through strategic acquisitions and AI infrastructure.
Blackline owns two largest propane terminals in New England, adding 35 employees to EQT.
Production exceeded guidance, capital spending decreased, and strategic agreements were signed including a power supply deal and LNG offtake.
The report highlights sustained net-zero emissions for upstream assets for second consecutive year and record economic impact.
The well reached 37,610 feet depth and 29,070 feet lateral, achieving zero hazard points.
EQT shares are showing improving technical momentum as rising AI-driven electricity demand and expanding natural gas use strengthen the long-term bull case.
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