EQT Corporation

EQT Corporation

Low Prices Bite – U.S. NatGas Producers Drop Output 7% Past Mo. Earlier this week, MDN told you that EQT, the country’s largest natural gas producer, had implemented an immediate cutback on natural gas production of 1 billion cubic feet per day (see Boom! EQT is Curtailing 1 Bcf/d of Gas Production Effective Now).

This decision comes as a response to the challenging market conditions faced by natural gas producers, with low prices impacting their profitability. EQT Corporation's move to reduce production highlights the need for industry players to adapt to changing market dynamics in order to remain competitive.