EQT Plans Clarington Connector Pipeline, Compression Projects as Gas Prices Lift Q4 Profit

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EQT Corp announced plans for infrastructure investments, including the Clarington Connector pipeline, and raised its natural gas production outlook. This comes after the company’s fourth-quarter profit was boosted by higher natural gas prices and increased demand, particularly from data centers and LNG exports, leading to adjusted profit beating Wall Street estimates. EQT also provided forecasts for current-year production and capital expenditure.

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