S . ▁where ▁what ▁a ▁customer ▁pays ▁for ▁energy ▁is ▁fixed ▁no ▁matter ▁what ▁the ▁weather ▁does . ▁ ▁In ▁ 1 9 9 7 , ▁the ▁company ▁acquired ▁N ortheast ▁Energy ▁Services ▁Co . ▁( NO RES CO ) ▁for ▁$ 7 7 ▁million . ▁ ▁In ▁ 1 9 9 7 , ▁the ▁company ▁also ▁acquired ▁off sh ore ▁oil ▁and ▁gas ▁fields ▁from ▁Che v ron ▁Corporation ▁for ▁$ 8 0 . 6 ▁million . ▁ ▁In ▁ 2 0 0 0 , ▁the ▁company ▁acquired ▁App al ach ian ▁well s ▁and ▁res erves ▁from ▁Stato il . ▁ ▁In ▁ 2 0 0 8 , ▁the ▁company ▁was ▁added ▁to ▁the ▁S & P ▁ 5 0 0 ▁Index , ▁but ▁it ▁was ▁removed ▁from ▁the ▁index ▁in ▁ 2 0 1 8 . ▁ ▁In ▁February ▁ 2 0 0 9 , ▁the ▁company ▁changed ▁its ▁name ▁from ▁Equ itable ▁Resources , ▁Inc . ▁to ▁E Q T ▁Corporation . ▁ ▁In ▁ 2 0 1 1 , ▁E Q T ▁opened ▁one ▁of ▁the ▁first ▁com pressed ▁natural ▁gas ▁( C NG ) ▁fuel ing ▁stations ▁in ▁the ▁St rip ▁District ▁of ▁Pitts burgh . ▁ ▁In ▁ 2 0 1 1 , ▁David ▁L . ▁P org es ▁became ▁chief ▁executive ▁officer ▁of ▁the ▁company . ▁ ▁In ▁ 2 0 1 3 , ▁the ▁company ▁sold ▁its ▁natural ▁gas ▁distribution ▁business ▁to ▁Pe op les ▁Natural ▁Gas ▁for ▁$ 7 4 0 ▁million .