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Equitable Resources Announces 11% Dividend Increase and Earnings Conference Call

    PITTSBURGH, April 13 /PRNewswire-FirstCall/ -- The Board of Directors of
Equitable Resources, Inc. (NYSE: EQT) today declared a regular quarterly cash
dividend of 42 cents per share, an 11% increase, payable June 1, 2005, to
shareholders of record on May 6, 2005.
    Equitable Resources will host a teleconference with security analysts on
April 28, 2005, beginning at 10:30 a.m. Eastern Time.  The topic of the
conference call will be financial results for the first quarter 2005, which
will be released before the NYSE opening that morning.  A review of these
results will be followed by a Q&A session for security analysts.
    Equitable's teleconference with security analysts will be simulcast live
via Equitable Resources' website, http://www.eqt.com , and will be available for
replay on the website for a seven-day period.

    Equitable Resources is an integrated energy company, with emphasis on
Appalachian area natural gas production supply, natural gas transmission and
distribution, and leading-edge energy management services for customers
throughout the United States.  For more information please visit http://www.eqt.com .


SOURCE Equitable Resources, Inc.




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Related links:
  • http://www.eqt.com
    CONTACT:
    Patrick Kane, Director - Investor Relations
    of Equitable Resources, Inc., +1-412-553-7833, or pkane@eqt.com