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EQT RE, LLC

US:RICE
No current share price held for this company.

Past year: ▼ 32%(10.11 – 29.32 USD)

Market cap
—
Shares on issue
—
Story beats
25 since 2014
Last event
24 Nov 2017

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

10 Oct 2017substantial holder notice● Neutral

Rice Energy Holdings LLC, Rice Energy, Andrew L. Share, Daniel J. Rice III, Daniel J. Rice IV, Derek A. Rice, Toby Z. Rice reported a EQT RE, LLC shareholding of 35,331,330 shares (15.50% of votes) in a periodic institutional filing.

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3 Oct 2017director interest notice● Neutral

EQT RE, LLC director Rice Energy Holdings LLC disposed of 2,118,422 shares via option/appreciation-right settlement.

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2 Oct 2017director interest notice● Neutral

EQT RE, LLC director Rice Energy Holdings LLC disposed of 2,118,425 shares via option/appreciation-right settlement.

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3 Aug 2017quarterly activities report● Neutral

EQT RE, LLC reported a quarterly net income of $83.5 million for the period ended 2017-06-30.

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3 Aug 2017quarterly activities report● Neutral

EQT RE, LLC reported a quarterly net income of $83.5 million for the period ended 2017-06-30.

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10 July 2017substantial holder notice● Neutral

Viking Global Investors LP, Viking Global Performance LLC, Viking Global Equities LP, Viking Global Equities II LP, VGE III Portfolio Ltd., Viking Long Fund GP LLC, Viking Long Fund Master Ltd., Viking Global Opportunities GP LLC, Viking Global Opportunities Portfolio GP LLC, Viking Global Opportunities Liquid Portfolio Sub-Master LP, O. Andreas Halvorsen, David C. Ott, Rose S. Shabet reported a EQT RE, LLC shareholding of 12,028,939 shares (5.80% of votes) in a periodic institutional filing.

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28 June 2017director interest notice● Neutral

EQT RE, LLC officer Toby Z. Rice had 102 shares withheld for taxes on vesting stock.

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21 June 2017substantial holder notice● Neutral

Rice Energy Holdings LLC, Rice Energy, Andrew L. Share, Daniel J. Rice III, Daniel J. Rice IV, Derek A. Rice, Toby Z. Rice reported a EQT RE, LLC shareholding of 37,014,021 shares (17.90% of votes) in a periodic institutional filing.

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20 June 2017debt financing▲ Good

On June 15, 2017 the Third Amendment to the Fourth Amended and Restated Credit Agreement was signed after the lenders' semi-annual review. The borrowing base and elected commitments each rose from $1.45 billion to $1.60 billion, with the next review set for October 2017. This continues the bank facility (Wells Fargo agent), now larger than the $750M commitments in the earlier context.

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19 June 2017business combination● NeutralMajor

On June 19, 2017 Rice agreed to be acquired by EQT Corporation: each Rice share converts into 0.37 of an EQT share plus $5.30 in cash. Closing needs approval from both companies' shareholders, an effective S-4 and antitrust clearance, and either side can walk away if not closed by Feb 19, 2018 (extendable to May 19, 2018). A $255M termination fee applies in certain cases, Rice must redeem the REO units and Class A preferred held by others (the Vantage sellers' stake created in Oct 2016) and, unless EQT requests otherwise, the Series B units of Rice Midstream Holdings at closing. Daniel Rice IV and Robert Vagt are to join EQT's board, and key Rice holders signed a voting agreement to support the deal and not sell until it closes or ends.

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13 June 2017director interest notice● Neutral

EQT RE, LLC officer Robert R. Wingo had 261 shares withheld for taxes on vesting stock.

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13 June 2017director interest notice● Neutral

EQT RE, LLC officer Toby Z. Rice had 102 shares withheld for taxes on vesting stock.

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2 June 2017director interest notice● Neutral

EQT RE, LLC director Kathryn Jean Jackson received 8,234 shares as part of the equity award.

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2 June 2017director interest notice● Neutral

EQT RE, LLC director James W Christmas received 8,483 shares as part of the equity award.

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2 June 2017director interest notice● Neutral

EQT RE, LLC director John Mccartney received 8,483 shares as part of the equity award.

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2 June 2017director interest notice● Neutral

EQT RE, LLC director Robert F Vagt received 12,475 shares as part of the equity award.

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9 May 2017director interest notice● Neutral

EQT RE, LLC officer William E. Jordan exercised stock options for 4,189 shares and disposed of 5,947 shares.

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9 May 2017director interest notice● Neutral

EQT RE, LLC Chief Executive Officer Daniel J. Rice IV exercised stock options for 4,590 shares and disposed of 6,706 shares.

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9 May 2017director interest notice● Neutral

EQT RE, LLC officer Toby Z. Rice exercised stock options for 4,590 shares and disposed of 6,706 shares.

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9 May 2017director interest notice● Neutral

EQT RE, LLC officer Grayson T. Lisenby exercised stock options for 4,590 shares and disposed of 6,516 shares.

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9 May 2017director interest notice● Neutral

EQT RE, LLC officer Derek A. Rice exercised stock options for 4,590 shares and disposed of 6,706 shares.

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9 May 2017director interest notice● Neutral

EQT RE, LLC officer James Wilmot Rogers exercised stock options for 4,017 shares and disposed of 5,869 shares.

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4 May 2017quarterly activities report▼ Bad

EQT RE, LLC reported a quarterly net loss of $26.3 million for the period ended 2017-03-31.

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3 May 2017quarterly activities report▼ Bad

EQT RE, LLC reported a quarterly net loss of $26.3 million for the period ended 2017-03-31.

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6 Apr 2017director interest notice● Neutral

Kathryn Jean Jackson became a EQT RE, LLC director and company insider (initial ownership filing).

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6 Apr 2017director interest notice● Neutral

EQT RE, LLC director Kathryn Jean Jackson received 1,122 shares as part of the equity award.

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21 Mar 2017debt financing● Neutral

On March 16, 2017 Rice Energy Operating LLC and Rice Energy Inc. signed a Second Amendment to the Fourth Amended and Restated Credit Agreement (Wells Fargo agent). It allows secured hedging up to six years out, with larger volumes allowed in years four and five, permits some unsecured physical hedging, and changes the credit rating threshold for non-lender hedge counterparties. No borrowing amounts are stated.

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9 Mar 2017director interest notice● Neutral

EQT RE, LLC President and COO Toby Z. Rice received 1,092 shares as part of the equity award.

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1 Mar 2017director interest notice● Neutral

EQT RE, LLC officer William E. Jordan acquired 21,482 shares and disposed of 5,690 in a set of related equity transactions.

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1 Mar 2017director interest notice● Neutral

EQT RE, LLC Senior Vice President and CFO Grayson T. Lisenby acquired 23,631 shares and disposed of 6,236 in a set of related equity transactions.

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