by Bloomberg
|Thursday, May 06, 2021
EQT s CEO said the deal marks an attractive entry into the Northeast Marcellus.
(Bloomberg) EQT Corp., the largest U.S. natural gas producer, agreed to acquire assets in Appalachia for $2.9 billion in cash and stock from closely held Alta Resources Development LLC. Shares fell the most in more than a year.
The deal will give EQT Alta’s interests in upstream and midstream businesses and add 300,000 acres in the Marcellus Shale, the company said Thursday in a statement. The transaction, expected to close in the third quarter, will add about 1 billion cubic feet per day equivalent of gas production and boost EQT’s annual free cash flow by as much as $400 million.
Greetings. Welcome to Antero Resources First Quarter 2021 Earnings Conference Call. [Operator Instructions].
At this time, I ll turn the conference over to Mr. Michael Kennedy, Senior Vice President of Finance. Mr. Kennedy, you may begin.
Michael N. Kennedy
Senior Vice President-Finance and Chief Financial Officer-Antero Midstream Corporation
Thank you for joining us for Antero s First Quarter 2021 Investor Conference Call. We ll spend a few minutes going through the financial and operational highlights, and then we ll open it up for Q&A. I would also like to direct you to the homepage of our website at www.anteroresources.com, where we have provided a separate earnings call presentation that will be reviewed during today s call. Before we start our comments, I would like to first remind you that during this call, Antero management will make forward-looking statements. Such statements are based on our current judgments regarding factors that will impact the future performance
Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Southwestern Energy s First Quarter 2021 Earnings Call. [Operator Instructions] [Operator Instructions]
I would now like to turn the conference over to Brittany Raiford, Southwestern Energy s Director of Investor Relations. You may begin.
Brittany Raiford
Director of Investor Relations
Thank you, Andrea. Good morning, and welcome to Southwestern Energy s First Quarter 2021 Earnings Call. Joining me today are Bill Way, President and Chief Executive Officer; Clay Carrell, Chief Operating Officer; Michael Hancock, Interim Chief Financial Officer; and Jason Kurtz, Head of Marketing and Transportation. Before we get started, I d like to point out that many of the comments we make during this call are forward-looking statements that involve risks and uncertainties affecting outcomes. Many of these are beyond our control and are discussed in more detail in the risk factors in the Forward-Looki
40% of businesses are owned by women - meet some of those calling Jacksonville home
Samantha McDaniel-Ogletree, smcdaniel@myjournalcourier.com
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Holly Stewart spreads icing on a cake at Holly Cakes.Samantha McDaniel-Ogletree | Journal-Courier Show MoreShow Less
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Girls can do anything boys can, as long as they set their mind to it.
That is what business owner Rhonda Kircher wants people to know as they learn about strong women leaders this month as part of Women’s History Month.