EQT Stock Recent News

EQT's Q3 earnings beat estimates, fueled by higher sales volumes and average realized prices, partially offset by higher total operating expenses.

EQT is reportedly selling its interest in the natural gas assets in northeast Pennsylvania to Equinor ASA in a cash transaction worth $1.25 billion.

EQT Corporation (EQT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.30 per share a year ago.

PITTSBURGH , Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter  2024 and Recent Highlights: Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergies Sales volume of 581 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and strong well performance, despite approximately 35 Bcfe of total net curtailments Capital expenditures of $558 million; pro forma(1) capital expenditures of $573 million, below the low-end of guidance driven by efficiency gains and lower-than-expected midstream and pad spending Differential $0.10 per Mcf tighter than mid-point of guidance as tactical curtailments match supply with demand in real-time and maximize v

EQT is engaged in extensive discussions with BlackStone, and if everything goes well, a deal might be finalized in the upcoming weeks.

Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday.

With declining spot prices for natural gas and bottlenecks in U.S. LNG exports, EQT's Q3 performance is likely to have been impacted.

First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions PITTSBURGH , Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired Tug Hill/XcL Midstream and Alta Resources assets, which were not part of the original target set in 2021 and combined represented an approximately 52% increase relative to starting-point emissions.

EQT (EQT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Investors would be wise to focus on resilient stocks such as CTRA and EQT. Meanwhile, it may be prudent to avoid more speculative options like CRK.