EQT Corporation (EQT)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
$50.62-3.62%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
QuarterlyIQ Insights · EQT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-05.
The screen ranks EQT against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=2345).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Per Unit Operating Costs The following table presents certain of the Company's consolidated operating costs on a per unit basis.
Stated in 6 of 8 supplied quarters. Management reported: “Per Unit Operating Costs The following table presents certain of the Company's consolidated operating costs on a per unit basis.” “2 Gathering expense per Mcfe increased for the three months ended September 30, 2026 compared to the same period in 2025 due primarily to higher volumes gathered by third parties from wells turned-in-line in the first quarter of 2026.”
“Per Unit Operating Costs The following table presents certain of the Company's consolidated operating costs on a per unit basis.”
“(a) [TABLE] Three Months Ended June 30, | Six Months Ended June 30, || 2026 | 2025 | 2026 | 2025 || ($/Mcfe) || Gathering | $ | 0.09 | $ | 0.08 | $ | 0.09 | $ | 0.08 || Transmission | 0.40 | 0.45 | 0…”
“Transmission expense per Mcfe decreased due primarily to higher sales volume, partly offset by additional short-term capacity on the Mountain Valley Pipeline (MVP Mainline) and higher rates for capac…”
“Per Unit Operating Costs The following table presents certain of the Company's consolidated operating costs on a per unit basis.”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“(2) Consideration is comprised of $500 million in cash and approximately 26 million shares of EQT common stock representing $1.3 billion, based on the 20-day volume-weighted average price of EQT comm…”
See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.
Stated in 6 of 8 supplied quarters. Management reported: “See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.” “(2) Represents the decrease in changes in other assets and liabilities as derived from the Statements of Condensed Consolidated Cash Flows to be included in EQT Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.”
Transmission expense per Mcfe increased for the three months ended September 30, 2026 compared to the same period in 2025 due primarily to lower sales volume.
Stated in 5 of 8 supplied quarters. Management reported: “Transmission expense per Mcfe increased for the three months ended September 30, 2026 compared to the same period in 2025 due primarily to lower sales volume.” “LOE per Mcfe increased due primarily to costs from the upstream and midstream assets acquired by the Company in July 2025 from Olympus Energy LLC, Hyperion Midstream LLC and Bow & Arrow Land Company LLC as well as higher water handling and disposal costs and higher winter maintenance costs.”
See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.
Stated in 6 of 8 supplied quarters. Management reported: “See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.” “(2) Represents the decrease in changes in other assets and liabilities as derived from the Statements of Condensed Consolidated Cash Flows to be included in EQT Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.”
Allocate capital to infrastructure and acquisitions that management identifies as supporting natural gas demand, operational integration and long-term growth.
Over the trailing year it converted 2.82x of net income into operating cash flow. Historically, Energy names rated robust grew net income 57% of the time over the next year (vs 39% for the rest of the cohort, n=993).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
32 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated neutral grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2203).
Not investment advice. As of 2026-11-05.
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“(2) Represents the decrease in changes in other assets and liabilities as derived from the Statements of Condensed Consolidated Cash Flows to be included in EQT Corporation's Quarterly Report on Form…”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“(2) Final terms remain subject to negotiation of definitive agreements between the parties thereto.”
“(1) A non-GAAP financial measure.”
“Transmission expense per Mcfe increased for the three months ended September 30, 2026 compared to the same period in 2025 due primarily to lower sales volume.”
“2 Gathering expense per Mcfe increased for the three months ended June 30, 2026 compared to the same period in 2025 due primarily to higher volumes gathered by third parties from wells turned-in-line…”
“LOE per Mcfe increased due primarily to costs from the upstream and midstream assets acquired by the Company in July 2025 from Olympus Energy LLC, Hyperion Midstream LLC and Bow & Arrow Land Company…”
“2 Gathering expense per Mcfe decreased for the three months ended September 30, 2025 compared to the same period in 2024 due primarily to the Company's ownership of the gathering, transmission and st…”
“2 Gathering expense per Mcfe decreased for the three months ended June 30, 2025 compared to the same period in 2024 due primarily to the Company's ownership of the gathering, transmission and storage…”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“(2) Represents the decrease in changes in other assets and liabilities as derived from the Statements of Condensed Consolidated Cash Flows to be included in EQT Corporation's Quarterly Report on Form…”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“See the Non-GAAP Disclosures section of this news release for the definition of, and other important information regarding, this non-GAAP financial measure.”
“(2) Final terms remain subject to negotiation of definitive agreements between the parties thereto.”
“(1) A non-GAAP financial measure.”