EQT Corporation
EQT Corporation (NYSE: EQT) operates as a vertically integrated natural gas company with integrated upstream production, gathering, and transmission operations primarily focused in the Appalachian Basin. The company maintains approximately 2.3 million gross acres and operates roughly 2,945 miles of pipeline… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What EQT Corporation does
In the company’s own words
EQT Corporation (NYSE: EQT) operates as a vertically integrated natural gas company with integrated upstream production, gathering, and transmission operations primarily focused in the Appalachian Basin. The company maintains approximately 2.3 million gross acres and operates roughly 2,945 miles of pipeline infrastructure, positioning it as the only large-scale integrated natural gas producer in the United States.
The company's business model centers on combo-development, a large-scale, multi-pad development strategy designed to maximize operational and capital efficiencies across the reserves development process. This approach emphasizes synchronized development planning that coordinates drilling, completions, and midstream infrastructure to generate durable free cash flow across commodity price cycles.
EQT operates through three reportable segments: Upstream, Gathering, and Transmission. The Upstream segment generates revenues primarily from sales of natural gas, natural gas liquids, and oil. The Gathering segment operates approximately 1,995 miles of gathering pipeline with 200 compression units totaling 650,000 horsepower and includes a processing facility with 0.2 Bcf per day capacity. The Transmission segment manages approximately 950 miles of transmission pipeline with 5.0 Bcf per day throughput capacity, 18 storage reservoirs, and 0.8 Bcf per day peak withdrawal capacity.
The company holds 28.0 Tcfe of proved natural gas, natural gas liquids, and oil reserves, with 91 percent of proved developed reserves located in the Marcellus Shale formation. EQT maintains an investment in Mountain Valley Pipeline, LLC, which owns MVP Mainline, a 303-mile interstate pipeline with 2.0 Bcf per day capacity spanning from West Virginia to Virginia.
The company's strategy emphasizes maintaining investment-grade credit metrics while returning capital to shareholders through debt retirement, base dividends, and share repurchases. EQT's integrated business model provides resilience across pricing environments, with midstream assets generating stable, predictable long-term revenue during low commodity price periods while the low-cost upstream structure enables reduced hedging and increased price exposure during high commodity price periods. The company website is www.eqt.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Oil & Gas Extraction
- Headquarters
- CANONSBURG, PA
- Fiscal year end
- December
- CIK
- 33213
- SIC
- 1311
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns EQT Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · EQT Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
EQT Corporation’s bonds, as funds hold them
Funds report holding 13 issues of EQT Corporation’s debt, $1.76B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.49%, maturing 2026 to 2048.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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