EQT Corporation (EQT)

EQT reported strong third-quarter 2025 results, exceeding earnings expectations. The Board of Directors declared a quarterly cash dividend increase. The Mountain Valley Pipeline filed an application to build the "MVP Boost" project. EQT signed long-term Sale and Purchase Agreements for LNG liquefaction capacity. EQT announced plans to reverse some natural gas production curtailments due to rising demand and prices.

Demand for EQT's products is subject to seasonality, increasing during peak heating and cooling seasons. The growth of AI data centers is expected to increase natural gas consumption. EQT anticipates increased LNG demand and expects international gas demand to significantly outpace U.S. market consumption.

EQT Corporation operates in the Energy sector, focusing on the production, gathering, and transmission of natural gas, natural gas liquids (NGLs), and oil, selling to various customers and providing marketing services, pipeline capacity management, and risk management activities.

EQT's operations are concentrated in the Appalachian Basin, specifically in Pennsylvania, West Virginia, and Ohio, with production fields in the Marcellus, Upper Devonian, and Ohio Utica shales. The company also has an investment in the Mountain Valley Pipeline (MVP) and operates significant pipeline infrastructure within the region.

EQT achieved its net-zero Scope 1 and Scope 2 greenhouse gas (GHG) emissions target ahead of schedule. However, the company's reputation was impacted by wastewater spill incidents at a shale gas well pad and a pipeline construction site.

EQT Corporation's ownership is predominantly institutional, with 90.81% of its stock owned by institutional investors. S. Wil Vanloh Jr. is a significant individual shareholder, owning 10.88% of the company's shares.