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EQT Corporation Successfully Completes Sale of Kodiak Gas Services Common Stock
Pittsburgh, PA – August 12, 2025 – EQT Corporation, a leading independent natural gas production company, announced today the successful completion of its sale of common stock in Kodiak Gas Services. This significant transaction marks a strategic step for EQT as it continues to refine its portfolio and focus on its core natural gas operations.
The sale of EQT’s stake in Kodiak Gas Services, a prominent provider of midstream services including natural gas gathering and processing, was a carefully considered decision aimed at enhancing shareholder value and aligning with EQT’s long-term strategic objectives. While the specific terms of the transaction were not disclosed, the completion signifies a definitive conclusion to EQT’s ownership in Kodiak.
“We are pleased to announce the successful completion of the sale of our Kodiak Gas Services common stock,” stated a representative from EQT Corporation. “This divestiture allows us to further concentrate our resources and capital on our high-quality, low-cost natural gas assets. We believe this strategic move will strengthen our competitive position and generate sustainable growth for our stakeholders.”
EQT has consistently demonstrated a commitment to operational excellence and disciplined capital allocation. This transaction is a testament to that ongoing strategy, enabling the company to pursue opportunities that best leverage its existing infrastructure and extensive acreage position in the Appalachian Basin.
Kodiak Gas Services has established itself as a reliable partner in the midstream sector, and EQT expressed confidence in the continued success of Kodiak under its new ownership structure. This development is expected to provide EQT with greater financial flexibility and the ability to accelerate key initiatives within its core business.
Investors and industry observers will be closely watching EQT’s future developments as the company continues to execute its strategic plan. The completion of the Kodiak Gas Services stock sale represents a meaningful milestone in EQT’s journey to optimize its asset base and deliver enhanced value to its shareholders.
EQT completes sale of common stock of Kodiak Gas Services
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PR Newswire Energy published ‘EQT completes sale of common stock of Kodiak Gas Services’ at 2025-08-12 22:58. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.