Company profile: EQT
1.1 - Company Overview
Company description
- Provider of natural gas, NGLs, and crude oil with emphasis on Appalachian natural gas production, gathering, and transmission, primarily in the Marcellus and Utica shales. Operates in Pennsylvania, West Virginia, Kentucky, Virginia, and Ohio; general partner and equity owner of EQT Midstream Partners, LP. Offerings include NGL management, commodity trading and optimization, midstream capacity management, and horizontal drilling and hydraulic fracturing.
Products and services
- Commodity Trading and Optimization: Executes physical-asset-backed trading and optimization to enhance cash flow, handling commodity trades and optimization of physical assets across EQT’s operations
- Midstream Capacity Management: Oversees contractual midstream capacity for gathering and processing commodities, orchestrating transmission to efficiently deliver commodities to market
- Natural Gas Production: Engineers Appalachian-basin development focused on Marcellus and Utica Shale, producing natural gas across Pennsylvania, West Virginia, Kentucky, Virginia, and Ohio
Key contacts
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Financial details
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1.2 - Competitors and similar companies to EQT
Preem
HQ: Sweden
Website
- Description: Provider of petroleum and biofuel products, refining and distributing gasoline, diesel, heating oils, lubricating oils, and renewable fuels.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Rangeland Energy
HQ: United States
Website
- Description: Provider of midstream oil and energy logistics solutions specializing in natural gas, natural gas liquids, and petroleum products. Develops, acquires, and operates processing, gathering, transmission, and storage terminal facilities across resource plays and energy transition, including the Marten Hills Pipeline, COLT hub, RIO crude and frac sand system, and STEPS refined products/LPG network; also supports hydrogen and biofuels.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Rangeland Energy company profile →
Frontline
HQ: Cyprus
Website
- Description: Provider of seaborne transportation of crude oil and refined products.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Cavalcade Midstream
HQ: United States
Website
- Description: Provider of midstream services supporting the oil and gas industry, including crude oil gathering, transportation and storage; natural gas gathering, processing and transportation; and produced water gathering and disposal. Cavalcade Midstream develops infrastructure and tailored solutions based on customer needs to drive value.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Cavalcade Midstream company profile →
Humble Midstream
HQ: United States
Website
- Description: Provider of traditional and low-carbon energy infrastructure development and operations across North America, including midstream assets; facilities for producing and exporting low-carbon hydrogen and ammonia; carbon capture, utilization, and sequestration projects; and solutions supporting the energy transition, including blue and green hydrogen and renewable natural gas.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Humble Midstream company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for EQT
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to EQT
2.2 - Growth funds investing in similar companies to EQT
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4 - Top valuation comps for EQT
4.2 - Public trading comparable groups for EQT
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