Oklo stock tumbles as Financial Times scrutinizes valuation
EQT Corp (NYSE:EQT) reported Monday that its board of directors approved two changes last week. According to a statement based on a recent SEC filing, the board amended the company’s bylaws on October 16 to remove the provision that prevented directors from serving beyond the annual meeting following their 74th birthday. The amendment to the bylaws became effective immediately.
In a separate action, the board approved a change to the company’s corporate headquarters and principal executive office address. Effective July 1, 2026, EQT Corp will relocate its main office from 625 Liberty Avenue, Pittsburgh, Pennsylvania, to 2200 Energy Drive, Canonsburg, Pennsylvania 15317.
EQT Corp is a crude petroleum and natural gas company incorporated in Pennsylvania. Its common stock is listed on the New York Stock Exchange under the symbol EQT.
This information is based on a press release statement contained in the company’s recent SEC filing.
In other recent news, EQT Corporation’s third-quarter earnings call highlighted its strategic growth and innovation, underscoring a strong position in the private equity sector. The company has been focusing on strategic initiatives to bolster its financial performance. Although specific earnings figures were not disclosed, the discussion emphasized a robust outlook. Additionally, UBS has raised its price target for EQT to $67 from $65, maintaining a Buy rating. This adjustment reflects UBS’s positive view on EQT’s growth prospects, citing a project backlog that suggests a long-term growth profile. Analysts at UBS believe there are multiple upside opportunities not yet captured in consensus estimates. These recent developments indicate a continued focus on strategic growth and financial stability for EQT.
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