EQT - Insider Selling: William Jordan Unloads $1.43M Of EQT Stock | Benzinga
It was reported on May 30, that William Jordan, EVP at EQT (NYSE:EQT) executed a significant insider sell, according to an SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Jordan sold 35,000 shares of EQT. The total transaction amounted to $1,425,200.
EQT shares are trading up 0.18% at $41.27 at the time of this writing on Friday morning.
Get to Know EQT Better
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
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