Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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 entered into an agreement for a two-step merger with Range Resources Corporation. Subject to the agreement’s terms and exclusions, each outstanding Range common share is to convert into the right to receive 0.987 EQT common shares, with cash in lieu of fractional shares. Closing is expected in the first quarter of 2027, subject to shareholder, regulatory and other conditions; at closing, EQT shareholders are expected to own approximately 73% and Range shareholders approximately 27% of the combined company on a fully diluted basis.
For the three months ended September 30, 2026, revenue was $1.770 billion and net income attributable to EQT was $278.7 million, versus $1.959 billion and $335.9 million a year earlier. EQT said lower natural gas sales from lower sales volume and lower derivative gains primarily drove the earnings decline. For the first nine months, revenue was $6.959 billion and attributable net income was $1.977 billion, versus $6.256 billion and $1.362 billion in 2025; operating cash flow was $5.186 billion, compared with $4.001 billion.
EQT completed the Blackline Midstream acquisition for approximately $77 million, funded with borrowings under its revolving credit facility, and repaid, redeemed or repurchased $2.238 billion of debt principal in the first nine months. It also established a commercial paper program allowing unsecured notes up to $3.5 billion in aggregate principal outstanding.
EQT Corporation reported second‑quarter 2026 operating revenues of $1,809,940 thousand and net income attributable to EQT of $211,425 thousand, or $0.34 per diluted share, down from $784,147 thousand, or $1.30 per diluted share, mainly due to much smaller derivative gains and lower natural gas pricing.
For the six months ended June 30, 2026, net income attributable to EQT increased to $1,698,654 thousand, or $2.70 per diluted share, on total operating revenues of $5,188,676 thousand, driven by higher natural gas sales, lower legal reserves and lower interest expense, partly offset by a derivatives loss, higher depreciation and higher income taxes. Net cash provided by operating activities rose to $4,103,059 thousand, supporting $2,122,944 thousand of senior note repayments that reduced total debt principal to $5,696,542 thousand. EQT also expanded its midstream footprint through acquisitions of additional MVP joint venture interests and the $77 million Blackline Midstream transaction, and continued to hedge approximately 900 Bcf of natural gas and 4,615 Mbbl of NGLs with maturities extending through December 2030.
EQT Corporation reported a sharp jump in profitability for the quarter ended March 31, 2026. Net income attributable to EQT rose to $1.49 billion, or $2.36 diluted EPS, compared with $242 million, or $0.40, a year earlier. Operating revenues increased to $3.38 billion from $1.74 billion, driven mainly by higher realized natural gas prices and increased volumes, including from the Olympus Energy acquisition, and a much smaller loss on derivatives.
Cash flow from operating activities strengthened to $3.06 billion, funding about $608 million of capital expenditures and supporting significant debt reduction. Total debt fell to $6.04 billion from $7.86 billion after repaying or repurchasing $1.73 billion of senior notes. EQT also increased its ownership in key pipeline joint ventures, acquiring an additional 3.94% interest in each of MVP A and MVP C for $213.9 million, reinforcing its midstream position linked to the Mountain Valley Pipeline system.
EQT Corporation reported stronger quarterly results. Total operating revenues reached $1.96B in Q3 2025, up from $1.28B a year ago. Net income attributable to EQT was $336M versus a loss of $301M last year, with diluted EPS of $0.53. Operating income improved to $603M.
Growth was driven by higher sales of natural gas, NGLs and oil at $1.68B, a derivatives gain of $136M, and increased midstream contributions, with Gathering and Transmission pipeline revenues at $321M and $137M, respectively. Segment operating income was $370M for Production, $203M for Gathering, and $85M for Transmission.
For the first nine months, operating cash flow was $4.00B against total capital expenditures of $1.67B. At September 30, 2025, cash was $236M, senior notes were $7.43B and revolving borrowings were $278M. Common shares outstanding were 624,067 thousand as of October 15, 2025.