After soaring to 14-year highs in 2022, U.S. natural-gas prices have fallen 45% this year. The country’s largest gas producer doesn’t expect a rebound for many months.
EQT
(ticker: EQT), a Pittsburgh-based producer whose operations are spread through Pennsylvania, West Virginia, and Ohio, said in a conference call on Thursday that the market may remain oversupplied for the rest of the year. To get it back into balance, some producers will have to slow their activity.
Source: https://www.barrons.com/articles/natural-gas-eqt-stock-producer-b5023582?siteid=yhoof2&yptr=yahoo