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ES - EQT to curtail 1.4 Bcfe/d through Q2’s end, maintains guidance - June 2, 2020

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EQT Corp. is curtailing 1.4 Bcfe/d gross (1.0 Bcfe/d net) of production starting May 16. The duration of the curtailment will be subject to commodity price movements, relationships and resulting economics, and could potentially continue through the end of Q2. Assuming the volumes are deferred through June 30, Q2 sales volumes are forecast to be 315-335 Bcfe (3.46-3.68 Bcfe/d), 45 Bcfe lower than prior guidance. The curtailment is not expected to affect full-year 2020......
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