EQT Corp. is a natural gas production company engaged in the supplying, transmitting, and distribution of natural gas. It has operations in the Marcellus and Utica Shales of the Appalachian Basin. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EQT surpasses net zero emissions goal, reports strong Q4 earnings

EQT's Q4 2022 earnings call highlighted strong financials, operational achievements, and a strategic focus on debt reduction and shareholder returns. The company's proactive approach to emissions reduction and cost management positions it well for future growth and resilience in the evolving energy market landscape.

EQT reports robust Q1 performance, eyes growth amid operational challenges

EQT's Q1 performance showcased operational strength, capital discipline, and strategic agility, positioning the company for sustainable growth.
While facing challenges from market dynamics and operational adjustments, EQT's focus on efficiency and cost reduction strategies mitigates risks.
The company's emphasis on environmental initiatives, capital returns, and readiness for macro shifts underpin its resilience and long-term value creation.
Exploring growth opportunities in technology, LNG exports, and operational enhancements aligns with EQT's commitment to innovation and market leadership.

EQT excels in operational milestones, debt reduction, and LNG strategy

EQT's Q2 performance reflects resilience and strategic advancements in debt reduction, LNG agreements, and ESG initiatives. Challenges in FTC discussions and drilling efficiency are being addressed, while opportunities in market expansion and cash flow optimization are being pursued.

EQT excels in Q3 with operational milestones and growth strategies

EQT delivered strong operational and financial performance in Q3, showcasing efficiency, growth, and sustainability initiatives.
The company's strategic strengths lie in its consolidation focus, financial stability, and commitment to long-term value creation.
Challenges include managing near-term costs, market dynamics, and balancing short-term needs with long-term strategies.
Opportunities abound in decarbonization efforts, market diversification, operational efficiencies, and strategic hedging for EQT's future growth.

EQT reports robust 2023 performance, eyes growth amid challenges

EQT's strong performance in 2023, focus on low-cost operations, and strategic investments position it for long-term success.
The company's emphasis on debt reduction, operational efficiency, and value creation through infrastructure investments is commendable.
Challenges lie in maintaining operational flexibility, navigating market volatility, and optimizing cost structures for sustained growth.
Opportunities in in-basin demand growth, hedging strategies, and market expansion present avenues for EQT's continued success.

EQT acquires Equitrans, strengthens position in gas market

EQT's strong Q1 performance, driven by the Equitrans acquisition, showcases operational momentum and progress in deleveraging. Challenges include low gas prices and market volatility, but opportunities in data centers and LNG strategy are promising.

EQT achieves cost savings, targets net zero emissions, eyes growth

EQT's acquisition of Equitrans Midstream led to cost savings and operational improvements.
The company exceeded sales volume guidance and achieved net zero greenhouse gas emissions.
Strategic hedging and focus on operational efficiencies position EQT for strong future cash flow.
Despite challenges in asset sales and market fluctuations, EQT eyes growth opportunities in natural gas demand.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

EQT Corp. is a natural gas production company, which engages in the supply, transmission, and distribution of natural gas. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Allstate

International Paper

Southwest Airlines

Pfizer

Prologis

Uber

It's been an acceptable third-quarter earnings season for most S&P 500 stocks. But results have been outstanding for some.

7 Stocks' Earnings Surpass Investors' Wildest Dreams

EQT is one of the largest producers of natural gas in the United States. EQT recently signed a number of deals. EQT reported the sale of assets for $1.25 billion in cash, and talks with Blackstone. I saw relevant information about the CFO, who brings an experience of many years working in investment banking, mergers, and acquisitions.

EQT: With Risks From The Debt, New Deals Could Push The Price

EQT Corporation (NYSE:EQT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President & Chief Executive Officer Jeremy Knop - Chief Financial Officer Conference Call Participants Doug Leggate - Wolfe Research Roger Read - Wells Fargo Neil Mehta - Goldman Sachs Jacob Roberts - TPH Kalei Akamine - Bank of America Dave Deckelbaum - TD Cowen Josh Silverstein - UBS Bert Donnes - Truist Securities Noel Parks - Tuohy Brothers Operator Thank you for standing by. My name is Danica, and I will be your conference operator today.

EQT Corporation (EQT) Q3 2024 Earnings Call Transcript

EQT's Q3 earnings beat estimates, fueled by higher sales volumes and average realized prices, partially offset by higher total operating expenses.

EQT Beats on Q3 Earnings but Misses on Revenues, Raises Q4 Outlook

EQT is reportedly selling its interest in the natural gas assets in northeast Pennsylvania to Equinor ASA in a cash transaction worth $1.25 billion.

EQT Divests Remaining Stake in Pennsylvania Natural Gas Assets

EQT Corporation (EQT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.30 per share a year ago.

EQT Corporation (EQT) Q3 Earnings Top Estimates

PITTSBURGH , Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter  2024 and Recent Highlights: Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergies Sales volume of 581 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and strong well performance, despite approximately 35 Bcfe of total net curtailments Capital expenditures of $558 million; pro forma(1) capital expenditures of $573 million, below the low-end of guidance driven by efficiency gains and lower-than-expected midstream and pad spending Differential $0.10 per Mcf tighter than mid-point of guidance as tactical curtailments match supply with demand in real-time and maximize value without sacrificing operational efficiencies Total per unit operating costs of $1.14 per Mcfe; pro forma(1) total per unit operating costs of $1.07 per Mcfe, below the low-end of guidance driven by lower-than-expected LOE and SG&A expense Announced agreement to sell remaining non-operated natural gas assets in Northeast Pennsylvania for $1.25 billion in cash Became the first traditional energy producer of scale in the world to achieve net zero Scope 1 and 2 GHG emissions;(2) eliminated or offset over 900,000 metric tons of CO2e in just five years President and CEO Toby Z.

EQT Reports Third Quarter 2024 Results and Announces Non-Operated Asset Divestiture

EQT is engaged in extensive discussions with BlackStone, and if everything goes well, a deal might be finalized in the upcoming weeks.

EQT Plans to Sell Minority Stakes in Its Pipeline Assets for $3.5B

Blackstone Group

Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday.

Exclusive: Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

With declining spot prices for natural gas and bottlenecks in U.S. LNG exports, EQT's Q3 performance is likely to have been impacted.

EQT Gears Up to Report Q3 Earnings: Here's What to Expect

First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions PITTSBURGH , Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired Tug Hill/XcL Midstream and Alta Resources assets, which were not part of the original target set in 2021 and combined represented an approximately 52% increase relative to starting-point emissions.

EQT Achieves its Net Zero Scope 1 and Scope 2 GHG Emissions Target Ahead of 2025 Goal

EQT (EQT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: EQT Corporation (EQT) Q3 Earnings Expected to Decline

Coterra Energy

Investors would be wise to focus on resilient stocks such as CTRA and EQT. Meanwhile, it may be prudent to avoid more speculative options like CRK.

Why Did Natural Gas Prices Finish Down Nearly 8% Last Week?

PITTSBURGH , Oct. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.1575 per share, payable on December 2, 2024, to shareholders of record at the close of business on November 6, 2024. Investor Contact Cameron Horwitz Managing Director, Investor Relations & Strategy412.445.8454 Cameron.Horwitz@eqt.com About EQT Corporation EQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin.

EQT Declares Quarterly Cash Dividend

Kinder Morgan

Cheniere Energy

As U.S. power producers boost global natural gas demand to new heights, gas-centric stocks like Cheniere Energy, EQT and Kinder Morgan stand to benefit.

U.S. Gas Demand Hits New Highs: What Does it Mean for Investors?

Alerian MLP ETF

Another day, another sign the economy is heading straight for that “no-landing” scenario I've been talking about for weeks now

2 Big Dividends To Buy As Inflation Returns

PITTSBURGH , Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, October 30, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion.

EQT Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

Following the acquisition of Equitrans Midstream, EQT plans to reduce its workforce by 15% as part of the process of combining the operations of the two companies.

EQT Plans to Cut Jobs by 15%, Could Face Pre-Tax Charges Up to $185M

EQT plans to ease its production cuts in October, with further increases in November.

EQT to Reverse Gas Curtailments Amid Rising Demand and Prices

In a year where natural gas prices have spent almost the entire year under $3.00 per mcf, including a few months under $2.00, the stock prices of publicly traded Appalachian gas producers have remained remarkably stable. In fact, Antero Resources' price is up this year and Range Resources is basically flat for the year so far.

Should Appalachian Natural Gas Producers' Stock Price Resiliency Be Surprising?

U.S. energy company EQT plans to reverse some natural gas production curtailments in October and November as demand for the fuel and prices increase, CEO Toby Rice told Reuters on Wednesday.

EQT plans to reverse some US natgas production curtailments in Oct, CEO says

EQT's CEO Toby Rice expects U.S. natural gas prices to remain under $3/mmBtu in the near term. However, he anticipates rising LNG demand to ease production cuts by 2024.

EQT CEO Foresees Low Natural Gas Prices, Demand Growth in 2024

EQT is a strong shale natural gas producer, currently undervalued due to low gas prices, but poised for gains as prices rise. Despite lower revenues, EQT increased production by 12% and remained profitable, with a net income of $113 million in the first half of the year. EQT's debt situation has improved, but interest expenses are rising; higher natural gas prices could enhance financial metrics.

Buying EQT Stock On Solid Internals And A Favorable External Market Outlook

Antero Resources

Range Resources

As the United States boosts LNG exports, tighter domestic natural gas supply will drive up prices, benefiting RRC, EQT and AR.

News for EQT Stock (EQT)