EQT CEO Predicts Continued Low U.S. Natgas Prices and Easing Output Curbs

Wednesday, 18 September 2024, 23:53

EQT CEO forecasts U.S. natgas prices remaining below $3 per MMBtu as output curbs relax in the coming year. The natural gas market is witnessing significant supply and demand dynamics. Industry leaders discuss the implications for future pricing and production levels.
Seekingalpha
EQT CEO Predicts Continued Low U.S. Natgas Prices and Easing Output Curbs

Market Insights on Natgas Pricing

EQT's CEO, Toby Rice, anticipates that U.S. natural gas prices will remain below $3 per MMBtu amidst the prospect of easing output curbs in 2024. The dynamics of supply and demand, alongside concerns of oversupply, are shaping the current market landscape.

Key Industry Perspectives

  • Toby Rice shared insights on the implications of future pricing.
  • Chesapeake Energy CEO Nick Del'Osso echoed similar sentiments.
  • The focus remains on balancing production levels with market demand.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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