EQT Corporation

NYSE•EQT

CEO: Mr. Toby Z. Rice

Sector: Energy

Industry: Oil & Gas Exploration & Production

Listing Date: 1980-03-17

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

Contact Information

EQT Plaza, 625 Liberty Avenue Suite 1700, Pittsburgh, PA, 15222-3111, United States

412-553-5700

www.eqt.com

Market Cap

$38.60B

P/E (TTM)

18.9

22.2

Dividend Yield

1.0%

52W High

$63.06

52W Low

$43.57

52W Range

94%

Rank46Top 59.5%

3.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.27B+0.00%

4-Quarter Trend

EPS

$1.08+0.00%

4-Quarter Trend

FCF

$521.26M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Income Growth Net income attributable to EQT Corporation reached $2.039 B in 2025, a massive increase from $231 M reported in 2024.

Operating Revenue Surges Total operating revenues grew to $8.644 B in 2025, reflecting a 60.2% increase driven by higher commodity prices and volumes.

Proved Reserves Increased Total proved reserves grew by 7% compared to 2024, reaching 28.046 Bcfe due to extensions and the Olympus acquisition.

Robust Operating Cash Flow Net cash provided by operating activities totaled $5.126 B for 2025, supporting debt retirement and dividend payments.

Risk Factors

Commodity Price Volatility Risk Primary revenue source is volatile natural gas and NGL prices; depressed prices or increased input costs challenge funding operations.

Cybersecurity and Digital Threats Business relies on digital systems susceptible to physical and cybersecurity threats; retaining skilled technical personnel remains difficult.

Legal and Regulatory Compliance Operations face extensive environmental, energy, and property regulations, risking fines, penalties, litigation, or negative public perception.

Geographic Concentration Exposure Majority of assets and infrastructure concentrated in the Appalachian Basin, increasing vulnerability to regional supply/demand factors.

Outlook

2026 Capital Expenditure Guidance Expect total capital expenditures in 2026 to range between $2.650 B and $2.850 B, prioritizing reserve development spending.

Strategic Debt Reduction Focus Maintaining investment grade metrics; long-term goal targets total debt reduction to $5.0 B through asset monetization and free cash flow.

Core Combo-Development Strategy Strategy centers on executing large-scale, multi-pad combo-development projects to maximize operational and capital efficiencies.

Shareholder Return Commitment Capital allocation prioritizes production maintenance while returning capital via base dividend increases and opportunistic share repurchases.

Peer Comparison

Revenue (TTM)

CVE

$36.65B

-12.7%

OKE

$33.63B

+55.0%

WDS

$26.15B

-15.1%

Gross Margin (Latest Quarter)

TPL

136.2%

-8.7pp

EXE

46.4%

+62.6pp

EQT

45.9%

+28.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
OKE	$53.33B	15.7	15.5%	49.2%
OXY	$52.39B	22.9	6.4%	27.6%
FANG	$50.75B	30.6	4.3%	20.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-2.0%

Flat Growth

4Q Net Income CAGR

40.9%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 20, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data