EQT (EQT) said late Tuesday it completed the sale of its remaining non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties and its affiliates for about $1.25 billion in cash, less closing adjustments.
EQT used the sale proceeds to repay borrowings under its revolving credit facility, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.