# Toby Rice

> Toby Z. Rice is president, CEO and a director of EQT Corporation, and a partner at Rice Investment Group. A co-founder and former president and COO of Rice Energy, he became EQT’s CEO in July 2019 after the Rice Team won a shareholder campaign, less than two years after EQT acquired Rice Energy. His public agenda combines operating efficiency, digital coordination, natural gas infrastructure and advocacy for expanded American energy supply.

- **Role:** President, Chief Executive Officer and Director at EQT Corporation
- **Organizations:** EQT Corporation, Rice Investment Group, Rice Energy, American Exploration & Production Council, American Energy Innovation Council
- **Education:** B.S. in Chemistry, Rollins College
- **Known for:** Co-founded Rice Energy and led operations before its 2017 sale to EQT., Led the shareholder campaign that resulted in all seven Rice Team nominees being elected to EQT’s board in 2019., Led EQT through its 2024 acquisition of Equitrans Midstream.

## Career timeline

- **2004** — Graduated from Rollins College; captained its baseball team and received Sunshine State Conference Player of the Year honors.
- **2007** — Co-founded Rice Energy with brothers Daniel and Derek.
- **2008-2013** — President and CEO of a Rice Energy predecessor entity from February 2008 through September 2013, according to EQT’s management biography.
- **2013-2017** — President, COO and director of Rice Energy from October 2013 until its acquisition by EQT in November 2017.
- **2014** — Rice Energy became a public company; Rice was inducted into the Rollins Sports Hall of Fame.
- **2018** — Became a partner at Rice Investment Group in May.
- **2019** — All seven Rice Team board nominees were elected on July 10; the new board appointed Rice president and CEO of EQT.
- **2023** — EQT announced completion of its $28 million pneumatic-device replacement program in January.
- **2024** — EQT completed its acquisition of Equitrans Midstream on July 22 during Rice’s tenure.
- **2026** — Discussed EQT’s Longwell 9H and its more-than-5.5-mile lateral on AXPC’s Longer Laterals podcast in July.

## Achievements

- Co-founded Rice Energy and led operations before its 2017 sale to EQT.
- Led the shareholder campaign that resulted in all seven Rice Team nominees being elected to EQT’s board in 2019.
- Led EQT through its 2024 acquisition of Equitrans Midstream.
- 2004 Sunshine State Conference baseball Player of the Year; 2004 ABCA All-America Third Team; inducted into the Rollins Sports Hall of Fame in 2014.

## Latest updates

- **2026-09** — Appeared in a NYSE interview published September 29 about natural gas, power generation and the AI economy.
- **2026-07** — EQT reported Q2 sales volume of 634 Bcfe, $666 million of capital expenditures and a ten-year natural gas supply agreement with CPV for the planned Shay Energy Center.
- **2026-07** — Joined AXPC’s Longer Laterals podcast to discuss Longwell 9H and energy infrastructure.
- **2026-02** — In an Invest: interview published February 22, discussed electrification, LNG and power demand.

## Links

- Website: https://www.eqt.com/about/management/toby-z-rice
- LinkedIn: https://www.linkedin.com/in/toby-z-rice-a6738186
- Twitter/X: https://x.com/Shalennial

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Profile page: https://yespress.io/toby-rice
Published by YesPress — https://yespress.io
Last updated: 2026-10-21