EQT Now Considered a “Mini-Major” – On the Prowl to Buy Again?

We've heard of "supermajors"--those six to seven integrated oil and gas companies that have a market capitalization of $100 billion or more (including ExxonMobil, Shell, BP, Chevron, ConocoPhillips, and Total). We've heard of "majors"--integrated oil and gas companies defined as having a market capitalization of $10 billion to $100 billion. And we've heard of "independents"--smaller companies that focus just on drilling (not integrated, meaning no downstream and possibly no midstream operations). A Reuters article introduces to a new concept--mini-majors. Among that group is EQT Corporation.

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