EQT Corp

Company facts

Industry

Crude Petroleum & Natural Gas

Headquarters

Canonsburg, Pennsylvania

Most recent report

10-Q, filed Jul 22, 2026

Incorporated

Pennsylvania

Filings on record

1,001+ filings

On EDGAR

CIK 33213

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 2 positive, 5 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Core financial data and extensive notes with company-specific numbers for Q2 2026.
  Notable

  • Midstream JV paid $238M to Blackstone affiliate in H1 2026; $3.4B remains to reach base return.
  • 3.65M premium stock options granted April 2026 with strike $90-$100 vs $58.64 stock price.
  • Post-period Blackline Midstream acquisition for $77M on July 21, 2026, funded by revolver.

• Management's Discussion (Item 2)

  MD&A with earnings drop, acquisitions, curtailments, and new LNG vessel commitments.
  Positive

  • Curtailments in Q2 2026 came in below guidance and were not significant, better than the 10–15 Bcfe previously expected.
  • First-half 2026 net income rose to $1,699M from $1,026M, up 66%, on higher natural gas sales and lower legal reserves.
  Notable

  • Derivative gain collapsed to $45M in Q2 2026 from $720M a year ago due to smaller NYMEX price moves.
  • Two LNG vessel leases with undiscounted future payments of ~$295M each, due to start in 2028, not yet on balance sheet.
  Negative

  • Q2 2026 net income fell to $211M from $784M, down 73%, on lower derivative gains and gas prices.
  • Upstream other operating expenses rose due to increases in legal and environmental reserves, including settlements.

What changed: Jun 2026 vs. Mar 2026

About 22% of EQT's Jun 2026 10-Q is new information. 64 paragraphs were added, 111 changed, and 21 removed. Below are the most important lines SECSift identified.

• Item 2 76
• Item 1 61
• Item 6 3
• Item 3 3
• Item 4 1
• Item 5 1