EQT 1Q22: Explores Investing in LNG Export Terminals

Yesterday EQT Corporation released its first quarter 2022 update and held a conference call with analysts. The big news came from CEO Toby Rice, who said in his opening remarks, "We are currently in discussions with LNG end-users across various geographies and are contemplating equity investment opportunities in LNG export facilities." Later in the call, in response to a question, Rice added, "Our ultimate prize that we're looking for here at EQT is to get exposure to international markets...One of the ways that we get more flexibility towards accessing those contracts is to take an investment in the LNG facility itself."

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