Here are the 10-K annual reports from EQT Corp (EQT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow EQT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EQT filings page.
EQT Corporation, a vertically integrated natural gas company focused on the Appalachian Basin, reported 2025 sales volume of 2,382 Bcfe with an average realized price of $3.19 per Mcfe and operating cash flow of $5.1 billion. Total operating revenues were $8.64 billion, driven mainly by upstream natural gas and midstream pipeline activities.
Proved reserves reached 28.0 Tcfe at December 31, 2025, up 7% from 2024, supported by extensions, discoveries and the Olympus Energy acquisition. EQT operates about 2.3 million gross acres and roughly 2,945 miles of pipeline, with most reserves in the Marcellus Shale.
The company highlights a strategy centered on large-scale combo-development, integrated gathering and transmission, and a capital allocation plan that balances growth, debt retirement and shareholder returns. In 2025 EQT retired $1.4 billion of senior notes, paid $390 million in dividends and raised its base dividend. For 2026, planned capital expenditures total $2.65 billion to $2.85 billion, with a significant portion directed to growth projects and continued investment in the Mountain Valley Pipeline joint venture.