EQT CEO Foresees Low Natural Gas Prices, Demand Growth in 2024
EQT Corporation (EQT) CEO Toby Rice shared his outlook on natural gas prices during the Gastech energy conference. He noted that U.S. natural gas prices are likely to remain below $3 per million British thermal units (mmBtu) in the near term. This would be an aftermath of prices hitting multi-year lows earlier in 2024, prompting EQT, the largest natural gas producer in the country, to curtail production by 1 billion cubic feet per day (bcfd), per a Reuters report. Several other shale gas producers followed ...