EQT is the largest natural gas producer in the United States, with operations concentrated in the Appalachian Basin’s Marcellus and Utica shale plays. It develops unconventional gas wells using horizontal drilling and multi-well pads, selling gas into domestic pipelines and markets. Scale in a single low-cost basin and a pure-play gas focus distinguish it from more diversified oil and gas majors.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 1,837.8 | — | 784.1 | — |
| Q3 2025 | 1,822.8 | — | 335.9 | 371.2% |
| Q4 2025 | 2,273.9 | — | 677.1 | 61.7% |
| Q1 2026 | 3,617 | — | 1,487.2 | 111% |
| Q2 2026 | 1,765.3 | -3.9% | 211.4 | -73% |
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