Funds managed by Blackstone Inc. agreed $3.5 billion of investment as part of a new joint venture with EQT Corp., enabling the US natural gas producer to reduce its debt. The deal will give the ...
EQT Corp. agreed Monday to partner with private equity giant Blackstone Credit & Insurance (BXCI) on key Appalachian Basin natural gas infrastructure. Expand Blackstone would become a joint ...
EQT Corp. (NYSE:EQT) +3.7% pre-market Monday after saying asset manager Blackstone (BX) agreed to acquire non-controlling equity interests in some of its natural gas pipelines for $3.5B in cash.
Since the last few decades, natural gas has become trendy and popular among the masses. Many people prefer natural gas over conventional sources of fuel because it comes with numerous advantages.
The election of Donald Trump to another term in the White House is widely seen as a win for the oil and natural gas industry. "Natural gas production will continue to skyrocket in the Trump ...
Deal enables EQT to pay down a term loan and credit facility It will give Blackstone stakes in Mid-Atlantic gas pipelines Funds managed by Blackstone Inc. agreed $3.5 billion of investment as part of ...
Natural gas is a type of fossil fuel formed millions of years ago deep beneath the earth’s surface. Every year, the United States produces over 30 trillion cubic feet of natural gas. Natural gas ...
(Bloomberg) -- Funds managed by Blackstone Inc. agreed $3.5 billion of investment as part of a new joint venture with EQT Corp., enabling the US natural gas producer to reduce its debt. The deal will ...
Blackstone will provide EQT $3.5 billion of cash consideration in exchange for a non-controlling common equity interest in the joint venture, the U.S. natural gas giant said on Monday, in the ...