- Board of Directors approves $1 Billion share repurchase program.
- Board also reinstated a $.50 annual dividend beginning in Q1 2022 along with long-term leverage targets of 1.0x-1.5x EBITDA.
- Separately, EQT CEO Toby Rice defended EQT and the broader US energy industry from an attack by Senator Warren who claimed energy prices 'being driven by energy companies’.
- Rice's response demonstrates why he is one of the best energy executives in the world and speaks volumes about misconceptions surrounding energy security, innovation and climate change.
For further details see:
EQT: Reinstated Dividend, $1 Billion Buyback, Proving An ESG Story