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EQT Corporation

EQT

NYSEEnergyOil & Gas Exploration & Production

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Previous close

$53.72

−$0.17 · -0.32%

Aug 21, 4:00 PM ET

EQT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

94

Deep Value

Momentum

34

Weakening

Sentiment

78

Bullish

Risk resilience

71

Moderate Risk

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Company profile

Company website

EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
Toby Z. Rice
Listed since
Mar 17, 1980
Employees
1,523

Market position

Day range

Current $53.72

52-week range

Current $53.72

Open
$53.98
Previous close
$53.89
Volume
5.33M
0.73× average
Average volume
7.29M
Average daily volume
Market cap
33.6B USD
Beta
0.58
Market reference 1
50-day average
$51.9768
+3.35% above average
200-day average
$56.3369
-4.65% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.81×
P/B (TTM)
1.33×
P/S (TTM)
3.62×
Dividend yield
1.23%

Profitability & efficiency

Gross margin
68.40%
Operating margin
43.17%
Net margin
30.68%

Financial health

Debt / equity
0.22×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%40%6%-29%Gross margin, FY2021: 43.80%Gross margin, FY2022: 66.38%Gross margin, FY2023: 18.57%Gross margin, FY2024: 14.69%Gross margin, FY2025: 48.86%Operating margin, FY2021: -19.90%Operating margin, FY2022: 22.39%Operating margin, FY2023: 45.65%Operating margin, FY2024: 13.12%Operating margin, FY2025: 34.70%Net margin, FY2021: -16.71%Net margin, FY2022: 14.59%Net margin, FY2023: 34.23%Net margin, FY2024: 4.42%Net margin, FY2025: 22.48%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.80%. Gross margin FY2022 66.38%. Gross margin FY2023 18.57%. Gross margin FY2024 14.69%. Gross margin FY2025 48.86%. Operating margin FY2021 -19.90%. Operating margin FY2022 22.39%. Operating margin FY2023 45.65%. Operating margin FY2024 13.12%. Operating margin FY2025 34.70%. Net margin FY2021 -16.71%. Net margin FY2022 14.59%. Net margin FY2023 34.23%. Net margin FY2024 4.42%. Net margin FY2025 22.48%.

Income trends

Revenue

9.07B USD+73.74%

Operating income

3.15B USD+359.42%

Net income

2.04B USD+784.41%
Income trends across reported periods13.49B USD8.09B USD2.69B USD−2.71B USDRevenue, FY2021: 6.84B USDRevenue, FY2022: 12.14B USDRevenue, FY2023: 5.07B USDRevenue, FY2024: 5.22B USDRevenue, FY2025: 9.07B USDOperating income, FY2021: −1.36B USDOperating income, FY2022: 2.72B USDOperating income, FY2023: 2.31B USDOperating income, FY2024: 685.3M USDOperating income, FY2025: 3.15B USDNet income, FY2021: −1.14B USDNet income, FY2022: 1.77B USDNet income, FY2023: 1.74B USDNet income, FY2024: 230.58M USDNet income, FY2025: 2.04B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.84B USD. Revenue FY2022 12.14B USD. Revenue FY2023 5.07B USD. Revenue FY2024 5.22B USD. Revenue FY2025 9.07B USD. Operating income FY2021 −1.36B USD. Operating income FY2022 2.72B USD. Operating income FY2023 2.31B USD. Operating income FY2024 685.3M USD. Operating income FY2025 3.15B USD. Net income FY2021 −1.14B USD. Net income FY2022 1.77B USD. Net income FY2023 1.74B USD. Net income FY2024 230.58M USD. Net income FY2025 2.04B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue9.07B USD5.22B USD5.07B USD12.14B USD6.84B USD
Cost of goods sold4.64B USD4.45B USD4.13B USD4.08B USD3.84B USD
Gross profit4.43B USD767.22M USD941.58M USD8.06B USD3B USD
Selling, general, and administrative380.07M USD336.72M USD236.17M USD252.65M USD196.32M USD
Operating expenses1.29B USD81.92M USD−1.37B USD5.34B USD4.36B USD
Interest income1.12M USD————
Interest expense438.7M USD454.83M USD219.66M USD249.66M USD289.75M USD
Depreciation and amortization2.6B USD2.16B USD1.73B USD1.67B USD1.71B USD
Operating income3.15B USD685.3M USD2.31B USD2.72B USD−1.36B USD
Net income2.04B USD230.58M USD1.74B USD1.77B USD−1.14B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+24.06%
11 comparable reports
Latest EPS result
0.39
Estimate 0.41 · Miss by 5.39%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.491.761.030.31Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 0.69, estimate 0.532, surprise +29.70%, Beat. Q2 2025, reported Apr 22, 2025: actual 1.18, estimate 1.03, surprise +14.56%, Beat. Q3 2025, reported Jul 22, 2025: actual 0.45, estimate 0.419, surprise +7.35%, Beat. Q4 2025, reported Oct 21, 2025: actual 0.52, estimate 0.362, surprise +43.81%, Beat. Q1 2026, reported Feb 17, 2026: actual 0.9, estimate 0.76, surprise +18.42%, Beat. Q2 2026, reported Apr 21, 2026: actual 2.33, estimate 2.08, surprise +12.02%, Beat. Q3 2026, reported Jul 21, 2026: actual 0.39, estimate 0.412, surprise -5.39%, Miss. Q4 2026, reported Oct 20, 2026: actual —, estimate 0.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.51B2.88B2.26B1.63BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 1.81B USD, estimate 1.77B USD, surprise +1.88%, Beat. Q2 2025, reported Apr 22, 2025: actual 2.42B USD, estimate 2.16B USD, surprise +11.86%, Beat. Q3 2025, reported Jul 22, 2025: actual 2.56B USD, estimate 1.76B USD, surprise +45.17%, Beat. Q4 2025, reported Oct 21, 2025: actual 1.82B USD, estimate 1.81B USD, surprise +0.71%, Beat. Q1 2026, reported Feb 17, 2026: actual 2.39B USD, estimate 2.13B USD, surprise +12.20%, Beat. Q2 2026, reported Apr 21, 2026: actual 3.38B USD, estimate 3.22B USD, surprise +5.08%, Beat. Q3 2026, reported Jul 21, 2026: actual 1.81B USD, estimate 1.76B USD, surprise +2.64%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 1.92B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

45 ratings
Strong buy00%
Buy3067%
Hold1533%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.6375

2025 complete year+431.3% since 2019

2026 partial: $0.495

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 5, 2026

$0.165

Quarterly

Record Aug 5, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend May 6, 2026

$0.165

Quarterly

Record May 6, 2026 · Payment Jun 1, 2026

Dividend

Ex-dividend Feb 17, 2026

$0.165

Quarterly

Record Feb 17, 2026 · Payment Mar 2, 2026

Dividend

Ex-dividend Nov 5, 2025

$0.165

Quarterly

Record Nov 5, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Aug 6, 2025

$0.1575

Quarterly

Record Aug 6, 2025 · Payment Sep 2, 2025

Dividend

Ex-dividend May 7, 2025

$0.1575

Quarterly

Record May 7, 2025 · Payment Jun 2, 2025

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Petróleo Brasileiro S.A. - Petrobras logo

PBR

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$19.15

+0.74%

ETFs holding EQT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.06B
Weight
0.05%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
875.09M
Weight
0.05%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
State Street Energy Select Sector SPDR ETF logoState Street Energy Select Sector SPDR ETFXLE
Market value
820.43M
Weight
1.96%
AUM
41.9B USD
Expense ratio
0.08%
Price / 1D
$63.64-0.17%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
454.94M
Weight
0.05%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
419.18M
Weight
0.05%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
383.06M
Weight
0.21%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
360.69M
Weight
0.16%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
Pacer US Cash Cows 100 ETF logoPacer US Cash Cows 100 ETFCOWZ
Market value
226.85M
Weight
1.13%
AUM
19.75B USD
Expense ratio
0.49%
Price / 1D
$72.02+1.12%

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