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AI could drive a natural gas boom as power companies face surging electricity demand

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

US gas industry pins hopes on AI power demand | Latest Market News

US natural gas producers and pipelines have pivoted almost in unison this year to talking up what they see as one of the strongest bullish cases for gas this decade: surging electricity demand from yet-to-be-built data centers to power artificial intelligence software.

EQT Sees Clear Path to $5B in Potential Divestments

EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers as the company looks to shed debt for its Equitrans Midstream acquisition.

EQT Corporation (NYSE:EQT) Q1 2024 Earnings Call Transcript

Operator: Good morning. My name is Brianna and I will be your conference operator today. At this time, I would like to welcome everyone to the EQT First Quarter 2024 Results Conference Call.

EQT to cut natural gas production through May amidst low prices

EQT now sees its sales volume for the year at 2,100 to 2,200 Bcfe, down from 2,200 to 2,300, the company said in a Tuesday earnings statement. That’s based on production curtailments of 1 Bcfd through May, with the potential to lower output even further, depending on the market.

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