DALLAS—For one Rice brother, the growing activist feud between EQT Corp. has been uncomfortable.
Unlike his brothers Toby and Derek, former Rice Energy CEO Daniel Rice joined the EQT board following closing of his company’s merger with EQT in November 2017. And, as far as EQT is concerned, Daniel has largely been cut off, professionally, from the brothers he worked alongside to grow Rice Energy from a family-owned operation into a billion-dollar enterprise in the Appalachian Basin.
“It’s the most awkward thing in the world,” Rice said of his brother’s efforts to take over EQT at Hart Energy’s Energy Capital Conference in early March.
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