2 unchanged sentences
As of February 4, 2022, there were 1,927 shareholders of record of our common stock.
−Removed: On March 26, 2020, we announced the suspension of our quarterly cash dividend on our common stock for purposes of accelerating cash flow to be used for our Deleveraging Plan.
+Added: On February 3, 2022, our Board of Directors declared a quarterly cash dividend of $0.125 per share, payable on March 1, 2022, to shareholders of record at the close of business on February 14, 2022.
The amount and timing of dividends declared and paid by us, if any, are subject to the discretion of our Board of Directors and depends on business conditions, such as our results of operations and financial condition, strategic direction and other factors.
1 unchanged sentence
Recent Sales of Unregistered Securities
−Removed: Market Repurchases
−Removed: We did not repurchase any equity securities registered under Section 12 of the Securities Exchange Act of 1934, as amended, during the three months ended December 31, 2020.
+Added: The following table sets forth our repurchases of equity securities registered under Section 12 of the Exchange Act that have occurred during the three months ended December 31, 2021.
+Added: Total number of shares purchased Average price paid
+Added: per share (a) Total number of shares purchased as part of
+Added: publicly announced plans or programs (b) Approximate dollar value of shares that may yet be purchased under plans or programs
+Added: October 1, 2021 – October 31, 2021 — — — —
+Added: November 1, 2021 – November 30, 2021 — — — —
+Added: December 1, 2021 – December 31, 2021 1,361,668 $ 21.56 1,361,668 $ 970,641,996
+Added: Total 1,361,668 1,361,668
+Added: (a) Excludes any fees, commissions or other expenses associated with the share repurchases.
+Added: (b) On December 13, 2021, we announced that our Board of Directors approved a share repurchase program to repurchase shares of our outstanding common stock for an aggregate purchase price up to $1 billion, excluding fees, commissions and expenses.
+Added: Pursuant to the share repurchase authority, we may repurchase shares from time to time in open market or in privately negotiated transactions.
+Added: The share repurchase authority does not obligate us to acquire any specific number of shares, was effective immediately and is valid through December 31, 2023.
+Added: As of December 31, 2021, we had purchased shares for an aggregate purchase price of $29.4 million, excluding fees, commissions and expenses, under this authorization since its inception.
+Added: The total number of shares purchased and the approximate dollar value of shares that may yet be purchased under our repurchase authority reported reflect shares purchased in December 2021 (based on the trade date) that did not settle until January 2022.
Stock Performance Graph
−Removed: The following graph compares the most recent cumulative five-year total return provided to shareholders of our common stock relative to the cumulative five-year total returns of the Standard & Poor’s (S&P) 500 Index, the S&P MidCap 400 Index and two customized peer groups, the 2019 Self-Constructed Peer Group and 2020 Self-Constructed Peer Group, whose company composition is discussed in footnotes (a) and (b), respectively, below.
−Removed: Our common stock was included in the S&P 500 Index until the Separation and Distribution in 2018, following which our common stock was added to the S&P MidCap 400 Index.
+Added: The following graph compares the most recent cumulative five-year total return provided to shareholders of our common stock relative to the cumulative five-year total returns of the S&P 500 Index, the S&P MidCap 400 Index and two customized peer groups, the 2020 Self-Constructed Peer Group and 2021 Self-Constructed Peer Group, whose company composition is discussed in footnotes (a) and (b), respectively, below.
+Added: Our common stock was included in the S&P 500 Index until the Separation (defined and discussed in Note 9 to the Consolidated Financial Statements) and Distribution in 2018, following which our common stock was added to the S&P MidCap 400 Index.
We have presented both indices for comparison in the following graph.
7 unchanged sentences
EQT Corporation $ 100.00 $ 87.43 $ 53.52 $ 31.14 $ 36.51 $ 62.65
−Removed: S&P 500 100.00 111.96 136.40 130.42 171.49 203.04
+Added: S&P 500 Index 100.00 121.83 116.49 153.17 181.35 233.41
S&P MidCap 400 Index 100.00 116.24 103.36 130.44 148.26 184.96
1 unchanged sentence
2021 Self-Constructed Peer Group (b) 100.00 88.70 56.49 50.76 34.79 77.19
−Removed: (a) The 2019 Self-Constructed Peer Group includes the following twelve companies:
−Removed: Antero Resources Corp., Cabot Oil & Gas Corp., Chesapeake Energy Corp., Cimarex Energy Co., CNX Resources Corp., Gulfport Energy Corp., Murphy Oil Corp., Ovintiv Inc.
−Removed: (formerly Encana Corp.), QEP Resources, Inc., Range Resources Corp., SM Energy Co.
+Added: (a) The 2020 Self-Constructed Peer Group includes the following eight companies:
+Added: Antero Resources Corp., Chesapeake Energy Corp., CNX Resources Corp., Comstock Resources, Inc., Coterra Energy Inc.
+Added: (formerly Cabot Oil & Gas Corp.), Gulfport Energy Corp., Range Resources Corp.
and Southwestern Energy Co.
−Removed: WPX Energy Inc.
−Removed: was included in the self-constructed peer group that served as the basis for the stock performance graph in our Annual Report on Form 10-K for the year ended December 31, 2019, but it has been excluded from the 2019 Self-Constructed Peer Group because it was acquired during 2020.
−Removed: (b) The 2020 Self-Constructed Peer Group includes the following eight companies:
−Removed: Antero Resources Corp., Cabot Oil & Gas Corp., Chesapeake Energy Corp., CNX Resources Corp., Comstock Resources, Inc., Gulfport Energy Corp., Range Resources Corp.
+Added: The 2020 Self-Constructed Peer Group is comprised of the companies included in our 2020 performance peer group, as selected by the Management Development and Compensation Committee of the Board of Directors for purposes of evaluating our relative total shareholder return under the 2020 Incentive Performance Share Unit Program.
+Added: (b) The 2021 Self-Constructed Peer Group includes the following eleven companies:
+Added: Antero Resources Corp., Apache Corp., CNX Resources Corp., Comstock Resources, Inc., Continental Resources, Inc., Coterra Energy Inc., Devon Energy Corp., Murphy Oil Corp., Ovintiv Inc., Range Resources Corp.
and Southwestern Energy Co.
−Removed: The 2020 Self-Constructed Peer Group is comprised of the companies included in our 2020 performance peer group, as set forth in our definitive proxy statement relating to our 2020 annual meeting of shareholders, and were selected by the Management Development and Compensation Committee of the Board of Directors for purposes of evaluating our relative total shareholder return under the 2020 Incentive Performance Share Unit Program.
−Removed: Selected Financial Data
−Removed: Not Applicable.
+Added: The 2021 Self-Constructed Peer Group is comprised of the companies included in our 2021 performance peer group (with the exception of Cimarex Energy Co., which was excluded for purposes of the stock performance graph because it was acquired by Cabot Oil & Gas Corp.
+Added: in October 2021 thereby forming Coterra Energy Inc.), as selected by the Management Development and Compensation Committee of the Board of Directors for purposes of evaluating our relative total shareholder return under the 2021 Incentive Performance Share Unit Program.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.