EQT Posts $110.9 Million Profit In Latest Quarter

DSC01844EQT Corp. turned a profit as it continues to pull more natural gas from the Marcellus shale and move it to markets on the company’s midstream pipeline systems.

The Pittsburgh-based energy company early Thursday announced it posted $110.9 million in net income, or 73 cents per share, during the three months that ended June 30. That’s a 27 percent increase over the $86.9 million profit on 58 cents a share it recorded in the same quarter last year.

Read more: http://triblive.com/business/headlines/6495024-74/million-quarter-company#ixzz38OzSWrov
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