EQT Corporation (EQT)

EQT Corp.'s stock has experienced fluctuations influenced by various factors over the past six months. Shares had gained 24.6% over the preceding six months, outperforming the oil-energy sector. The stock saw a drop of 2.13% due to forecasts for milder-than-average weather impacting heating demand and concerns about potential oversupply from new LNG export capacity. The stock also experienced an increase of 2.02% driven by renewed investor interest and analyst highlights of significant upside potential. Analyst ratings and price target adjustments have also impacted stock movement. EQT reported its second-quarter 2025 results in July 2025, with sales volume at the high end of guidance and capital expenditures below the mid-point, leading to an increase in annual production guidance for 2025.

Demand for EQT Corp.'s natural gas products and services is significantly influenced by weather patterns, leading to seasonality. Natural gas demand is typically weaker during the spring, but hot summers can lead to increased demand. The natural gas market has entered an era of heightened volatility, with prices capable of rapid swings due to factors like tighter infrastructure, globalized demand, and limited storage relative to consumption needs. EQT's diversified market access helps reduce its exposure to oversupplied local markets. The company also anticipates long-term strategic growth driven by global LNG supply and demand, with U.S. production expected to contribute significantly.

EQT Corp. operates in the energy sector, focusing on oil and gas exploration and production. It is a vertically integrated natural gas producer, extracting and transporting natural gas, NGLs, and oil, and is the largest natural gas producer in the Appalachian Basin, serving industries such as utilities, industrial sectors, energy distributors, and residential consumers.

EQT Corp. is headquartered in Pittsburgh, Pennsylvania, with operations concentrated in the Appalachian Basin, including Pennsylvania, West Virginia, and Ohio, particularly in the Marcellus, Upper Devonian, and Ohio Utica plays. Its transportation network reaches markets in the Gulf Coast, Midwest, Northeast United States, and Canada.

EQT Corp. has been enhancing its brand reputation by emphasizing sustainability and responsible practices. The company aims to be the operator of choice for all stakeholders and is committed to reducing its environmental footprint. EQT became one of the first U.S.-based production companies to obtain certifications from Equitable Origin and MiQ, demonstrating environmentally responsible natural gas production. In 2024, EQT's acquisition of Equitrans Midstream Corporation created America's first large-scale, vertically integrated natural gas business. The company has also focused on strengthening landowner engagement and has been recognized as a National Top Workplace for four consecutive years (2021–2024). EQT has advocated globally for the role of U.S. liquefied natural gas (LNG) in reducing emissions and strengthening energy security.

EQT Corp. has substantial institutional ownership, with 1846 institutional owners and shareholders holding 680,905,573 shares as of January 2026. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Wellington Management Group Llp, State Street Corp, Morgan Stanley, and Blackstone Inc. S. Wil Vanloh Jr. is the largest individual shareholder, owning 67.89 million shares, representing 10.88% of the company. Institutional ownership in EQT edged up to 93.8% in September 2025.