EQT Corp.
Description
Priced an underwritten public offering of about 11 million shares of its common stock by certain shareholders who had received the shares as a part of the company's acquisition of Alta Resources Development LLC's upstream and midstream subsidiaries. Underwriters were granted a 30-day option to purchase roughly up to an additional 1.6 million shares. EQT will not sell any shares of its common stock in the offering and will not receive any proceeds from the sale. Citigroup and RBC Capital Markets were joint book-running managers.