EQT Corp

Listed Company

EQTCIK 0000033213NYSELarge AcceleratedCrude Petroleum & Natural GasPennsylvaniaFY ends Dec 31

Period

FY 2025

Revenue

$8.64B

Net Income

$2.04B

Total Assets

$41.79B

Equity

$23.75B

Shares Out

625.48M

Op. Cash Flow

$5.13B

EQT$49.56−15.63% · past yearDBEQ Basic

Daily closing prices

Business

EQT Corp is a vertically integrated natural gas company with upstream exploration and production, gathering, and transmission operations focused in the Appalachian Basin. The company produces natural gas, NGLs and oil from approximately 2.3 million gross acres and owns and operates approximately 2,945 miles of pipeline infrastructure including gathering and transmission systems. EQT sells natural gas and NGLs to marketers, utilities and industrial customers across the Appalachian Basin and in markets accessible through its transportation portfolio, including the Gulf Coast, Midwest, East Coast corridor and Northeast United States.

Summary from 10-K filed 2026-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Gain (loss) on derivatives	291	51	1,839	−4,643	−3,775
Total operating revenues	8,644	5,273	6,909	7,498	3,065
Transportation and processing	1,532	1,916	2,157	2,117	1,942
Production	389	377	239	298	225
Operating and maintenance	225	110	16	3	—
Exploration	4	3	3	3	24
Selling, general and administrative	380	337	236	253	196
Depreciation, depletion and amortization	2,600	2,162	1,732	1,666	1,677
(Gain) loss on sale/exchange of long-lived assets	−31	−764	17	−8	−21
Impairment and expiration of leases	51	97	109	177	312
Other operating expenses	245	350	84	57	70
Total operating expenses	5,395	4,588	4,595	4,780	4,426
Operating income	3,250	685	2,314	2,718	−1,361
Income from investments	−184	−76	−8	5	−72
Other income	−5	−26	−1	−11	−19
Loss on debt extinguishment	23	68	80,000	140	10
Interest expense, net	439	455	220	250	—
Income before income taxes	2,978	264	2,103	2,335	−1,570
Income tax expense	652	22	369	554	−428
Net income	2,326	242	1,735	1,781	−1,142
Less: Net income (loss) attributable to noncontrolling interests	286	12	−688,000	10	1
Net income attributable to EQT Corporation	2,039	231	1,735	1,771	−1,143
Weighted average common stock outstanding - Basic (in shares)	612	510	381	370	323
Net income attributable to EQT Corporation - Basic (in dollars per share)	3.33	0.45	4.56	4.79	−3.54
Weighted average common stock outstanding - Diluted (in shares)	616	515	413	406	323
Net income attributable to EQT Corporation - Diluted (in dollars per share)	3.31	0.45	4.22	4.38	−3.54

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	111	202	81	1,459	114
Accounts receivable (less allowance for credit losses: $3,088 and $12,529)	1,458	1,133	824	1,608	1,438
Derivative instruments, at fair value	202	144	979	812	543
Income tax receivable	28	97	91	0	—
Prepaid expenses and other	96	139	38	135	191
Total current assets	1,895	1,715	2,013	4,014	2,287
Property, plant and equipment	48,472	44,506	33,817	27,394	26,016
Less: Accumulated depreciation and depletion	14,915	12,758	10,867	9,227	7,597
Net property, plant and equipment	33,558	31,748	22,950	18,167	18,419
Investments in unconsolidated entities	3,631	3,617	93	—	—
Net intangible assets related to acquired transmission services agreements	200	215	—	—	—
Goodwill	2,062	2,079	0	—	—
Other assets	446	456	207	488	492
Total assets	41,793	39,830	25,285	22,670	21,607
Current portion of debt	507	321	292	423	1,061
Accounts payable	1,367	1,178	1,273	1,575	1,339
Derivative instruments, at fair value	137	447	186	1,393	2,414
Accrued interest	138	167	81	—	—
Other current liabilities	335	349	205	341	372
Total current liabilities	2,485	2,462	2,037	3,732	5,186
Revolving credit facility borrowings	360	150	0	—	0
Senior notes	6,933	8,853	4,176	5,168	4,436
Deferred income taxes	3,472	2,851	1,905	1,442	907
Asset retirement obligations and other liabilities	1,183	1,236	—	—	—
Total liabilities	14,433	15,552	10,504	11,457	11,636
Common stock, no par value, shares authorized: 1,280,000, shares issued: 624,076 and 596,870	19,518	18,015	12,094	9,892	10,072
Retained earnings	4,237	2,585	2,682	1,284	−94
Accumulated other comprehensive loss	−2	−2	−3	−3	−5
Total common shareholders' equity	23,753	20,598	14,773	11,172	9,955
Noncontrolling interest in consolidated subsidiaries	3,607	3,681	8	41	16
Total equity	27,360	24,278	14,781	11,213	9,971
Total liabilities and equity	41,793	39,830	25,285	22,670	21,607

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Deferred income tax expense	658	15	385	535	−427
(Gain) loss on sale/exchange of long-lived assets	−31	−764	17	−8	—
Impairments	51	97	109	391	291
Share-based compensation expense	61	158	50	45	28
Distributions from equity method investments	257	66	19	50	15
Other	15	15	17	33	32
Net cash settlements (paid) received on derivatives	−83	1,218	901	−5,928	−2,091
Net premiums paid on derivatives	−45	−42	−323	14	−66
Accounts receivable	−353	−220	868	−169	−700
Accounts payable	207	17	−406	181	457
Income tax receivable and payable	73	−8	−5	—	—
Other current assets	45	−77	99	49	−75
Other items, net	−202	7	−172	38	−49
Net cash provided by operating activities	5,126	2,827	3,179	3,466	1,662
Capital expenditures	−2,288	−2,254	−2,019	−1,400	−1,055
Cash paid for acquisitions, net of cash acquired	−484	−874	−2,272	−205	−1,030
Net cash received for sale/exchange of assets	10	1,696	4	—	—
Capital contributions to equity method investments	−83	−148	−12	−1	—
Other investing activities	−245,000	−80,000	−15	−12	−14
Net cash used in investing activities	−2,845	−1,580	−4,314	−1,422	−2,073
Proceeds from revolving credit facility borrowings	3,529	6,887	1,007	10,242	8,086
Repayment of revolving credit facility borrowings	−3,640	−7,451	−1,007	−10,242	−8,386
Proceeds from issuance of debt	0	750	1,250	1,000	1,000
Proceeds from net settlement of Capped Call Transactions (Note 7)	0	93	0	0	—
Debt issuance costs	−10	−19	−5	−27	−20
Repayment and retirement of debt	−1,402	−4,314	−1,016	−917	−154
Net (premiums paid) discounts received on debt extinguishment	−39	−52	5	−135	−10
Dividends paid	−390	−327	−228	−204	0
Repurchase and retirement of common stock	0	0	−201	−409	−13
Net proceeds from the sale of units of the Midstream Joint Venture (Note 9)	−1	3,410	0	—	—
Net distributions to noncontrolling interest	−360	−2	−7	−12	0
Cash paid for taxes to net settle share-based incentive awards	−54	−103	−42	−25	−4
Other financing activities	−6	889,000	2	14	−5
Net cash used in financing activities	−2,372	−1,126	−243	−699	506
Net change in cash and cash equivalents	−91	121	−1,378	1,345	96

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is EQT Corp's CIK number?

EQT Corp's SEC CIK number is 0000033213 (33213). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find EQT Corp's SEC filings?

All of EQT Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did EQT Corp last report earnings?

EQT Corp (EQT) most recently filed an earnings 8-K with the SEC on Jul 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000033213-26-000035). This is EQT Corp's most recent earnings filing of record — not a forecast of its next earnings date.

What is EQT Corp's most recent earnings 8-K?

EQT Corp's latest earnings 8-K (Item 2.02) was filed Jul 14, 2026 under accession 0000033213-26-000035. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View EQT Corp's latest earnings 8-K →
Look up any company's CIK number →