Paragon Foods currently uses a tractor trailer that runs on CNG and has applied for a state grant to purchase five NGVs. “We want to be a ‘green’ company and being headquartered right down the street from EQT’s station motivated us to pursue the NGV grant,” said Ron Becker, Sr. VP of Finance and Operations for Paragon Foods.Compressed natural gas offers an inexpensive and environmentally friendly alternative to gasoline and diesel. CNG at EQT’s fueling station costs $1.89 per equivalent gallon of regular gasoline. NGVs reduce nitrogen oxide (up to 94%); particulate matter (up to 77%); volatile organic compounds (up to 55%); and carbon monoxide (up to 50%). The price and pollution reduction are two factors making NGVs an increasingly popular transportation option. About EQT Corporation: EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, transmission, and distribution. EQT is the general partner and majority equity owner of EQT Midstream Partners, LP. With more than 120 years of experience, EQT continues to be a leader in the use of advanced horizontal drilling technology – designed to minimize the potential impact of drilling-related activities and reduce the overall environmental footprint. Through safe and responsible operations, the Company is committed to meeting the country’s growing demand for clean-burning energy, while continuing to provide a rewarding workplace and enrich the communities where its employees live and work. Company shares are traded on the New York Stock Exchange as EQT. Visit EQT Corporation at www.EQT.com. Cautionary Statements Disclosures in this press release contain certain forward-looking statements. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements regarding EQT’s expansion of its public access compressed natural gas fueling station and conversion of fleet vehicles to compressed natural gas, including fuel cost savings and emissions reductions. These statements involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. EQT has based these forward-looking statements on current expectations and assumptions about future events. While EQT considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks and uncertainties, most of which are difficult to predict and many of which are beyond EQT’s control. The risks and uncertainties that may affect EQT’s business and forward-looking statements include, but are not limited to, those set forth under Item 1A, "Risk Factors" of EQT’s Form 10-K for the year ended December 31, 2012, as updated by any subsequent Form 10-Qs.
Any forward-looking statement applies only as of the date on which such statement is made and EQT does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.