Item 1.01. Entry into a Material Definitive Agreement.

On April 23, 2021, EQT Corporation ("EQT") entered into an Extension Agreement and First Amendment to Second Amended and Restated Credit Agreement (the "Extension Agreement and First Amendment"), amending the Second Amended and Restated Credit Agreement, dated as of July 31, 2017, among EQT, PNC Bank, National Association, as administrative agent, swing line lender and an L/C issuer and the other lenders party thereto (the "Credit Agreement").

The Extension Agreement and First Amendment, among other things, (i) extends the maturity date of the commitments and loans under the Credit Agreement from July 31, 2022 to July 31, 2023, (ii) adds customary provisions to provide for the eventual replacement of LIBOR as a benchmark interest rate and (iii) adds an additional pricing level for the Applicable Rate (as defined in the Credit Agreement), such that the Applicable Rate pricing grid reads as follows:





Pricing   Public Debt Ratings    Commitment   Eurodollar   Letters of     Base
 Level     S&P/Moody's/Fitch        Fee          Rate        Credit       Rate
   1       A-/A3/A- or higher     10.0 bps     100 bps      100 bps      0.0 bps
   2         BBB+/Baa1/BBB+       12.5 bps    112.5 bps    112.5 bps    12.5 bps
   3          BBB/Baa2/BBB        15.0 bps    125.0 bps    125.0 bps    25.0 bps
   4         BBB-/Baa3/BBB-       20.0 bps    150.0 bps    150.0 bps    50.0 bps
   5          BB+/Ba1/BB+         25.0 bps    175.0 bps    175.0 bps    75.0 bps
   6           BB/Ba2/BB          30.0 bps    200.0 bps    200.0 bps    100.0 bps
   7      BB-/Ba3/BB- or lower    35.0 bps    225.0 bps    225.0 bps    125.0 bps

The foregoing description of the Extension Agreement and First Amendment is not complete and is qualified in its entirety by reference to the full text of the Extension Agreement and First Amendment, a copy of which is filed herewith as Exhibit 10.1 and is incorporated into this Item 1.01 by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above with respect to the Extension Agreement and First Amendment is hereby incorporated into this Item 2.03 by reference, insofar as it relates to the creation of a direct financial obligation.

Item 9.01. Financial Statement and Exhibits.





(d) Exhibits.



Exhibit No.                                 Description
  10.1          Extension Agreement and First Amendment to Second Amended and
              Restated Credit Agreement, dated as of April 23, 2021, among EQT
              Corporation, PNC Bank, National Association, as administrative agent,
              and each lender party thereto.
104.1         Cover Page Interactive Data File (embedded within the Inline XBRL
              document).




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