EX-24 2 doc1.txt POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY LIMITED POWER OF ATTORNEY - SECURITIES LAW COMPLIANCE The undersigned, as an officer, director, or employee of Equitable Resources, Inc., a Pennsylvania corporation formed in 1926 ("Equitable") or its subsidiaries or affiliates (the "Corporation"), hereby constitutes Kimberly L. Sachse, Jonathan M. Lushko, Tracy L. Caruso and Erin O'Donnell or either one of them the undersigned's true and lawful attorney-in-fact and agent to complete and execute such Forms 144, Forms 3, 4 and 5, Schedules 13D and 13G and other forms and schedules as either attorney shall in his or her discretion determine to be required or advisable pursuant to Rule 144 promulgated under the Securities Act of 1933 (as amended), Section 16 of the Securities Exchange Act of 1934 (as amended), Section 13 of the Securities Exchange Act of 1934 (as amended) and the rules and regulations promulgated thereunder, or any successor laws and regulations, as a consequence of the undersigned's ownership, acquisition, or disposition of securities of the Corporation, and to do all acts necessary in order to file such forms with the Securities and Exchange Commission, any securities exchange or national association, the Corporation and such other person or agency as the attorney shall deem appropriate. The undersigned hereby ratifies and confirms all that said attorneys-in-fact and agents shall do or cause to be done by virtue hereof. This Limited Power of Attorney shall remain in effect until the undersigned is no longer required to make filings pursuant to Rule 144 promulgated under the Securities Act of 1933 (as amended), Section 16 of the Securities Exchange Act of 1934 (as amended), Section 13 of the Securities Exchange Act of 1934 (as amended) and the rules and regulations promulgated thereunder, or any successor laws and regulations, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. The undersigned hereby acknowledges that Equitable may in the future effect a holding company reorganization. To effect the reorganization, Equitable will merge with a second tier subsidiary (the "Merger"), which will result in a first tier subsidiary ("New EQT") becoming the new publicly traded parent company of the Equitable family of companies. Following the Merger, Equitable will transfer to New EQT all of the assets and liabilities of existing Equitable other than those associated with Equitable's existing Equitable Gas Company division (the "Asset/Liability Transfer"). By signing below, the undersigned hereby acknowledges and agrees that upon the Asset/Liability Transfer, the reference in the first paragraph to Equitable Resources, Inc. shall be deemed to be a reference to New EQT and this Limited Power of Attorney shall remain in full force and effect, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. This Limited Power of Attorney is executed at Pittsburgh, Pennsylvania as of the date set forth below. /s/ Lee T. Todd, Jr. Signature Lee T. Todd, Jr. Type or Print Name Date: June 4, 2008