EQT Corporation’s Hedge Position for 2018


Jan. 26 2018, Updated 9:04 a.m. ET

EQT’s hedge position for 2018

EQT Corporation’s (EQT) December 2017 presentation noted that it had hedged 566 Bcf (billion cubic feet) of its 2018 natural gas (UNG)(UGAZ) volumes at $3.18 per Mcf (million cubic feet). The company has also hedged 247 Bcf of its natural gas volumes for  2019 at $3.09 per Mcf.

Article continues below advertisement

Peer hedges

Other companies hedged in 2018 include Chesapeake Energy (CHK), Oasis Petroleum (OAS), and Callon Petroleum (CPE).

CHK has hedged 531 bcf of its 2018 natural gas volumes at $3.11 per Mcf. OAS has hedged 78 Mbopd (thousand barrels of oil per day) of its 2018 oil volumes. Callon Petroleum, meanwhile, has hedged approximately 32 Mbopd of its 2018 oil volumes.

Next in this series, we’ll discuss how EQT expects to benefit from the Rice acquisition.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.