Referenced Stocks

EQT Corp to Spend $1.5 Billion on Production for 2013; Provides Revenue, EBITDA Guidance

By Midnight Trader,  December 04, 2012, 07:54:15 AM EDT

EQT Corporation ( EQT ) announced its 2013 capital expenditure ( CAPEX ) forecast of $1.5 billion. The CAPEX forecast includes $1.15 billion for EQT Production, $320 million for EQT Midstream and $45 million for distribution infrastructure projects and other corporate items.

The company also forecasts consolidated EQT Midstream 2013 EBITDA, which includes the results of EQT Midstream Partners, LP, of approximately $335 million compared to a 2012 EBITDA forecast of $300 million. Net operating revenues in 2013 will be approximately $325 million for gathering, $145 million for transmission, and $30 million for storage, marketing and other.

EQT closed in the red at $59.38 yesterday.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: CAPEX, EQT



Latest News Video

San Antonio Flash Flood Kills 1, Prompts Evacuations
San Antonio Flash Flood Kills 1, Pr...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%