EQT Corp - Company Profile
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Business Description
EQT Corp (EQT) is an upstream company. It focuses on Appalachian Basin and has operations throughout Pennsylvania, West Virginia, and Ohio. EQT produces natural gas, NGLs and crude oil. The company operates predominantly in the Appalachian Basin, focusing on the Marcellus Shale. EQT serves industries related to energy production and distribution, providing natural gas and NGLs to marketers, utilities, and industrial customers. The company operates through three business segments: Production, Gathering, and Transmission. In FY2025, the company incurred a capital expenditure of US$2,323.6 million which was 26.8% of the company’s total revenue and grew 2.5% YoY.
Business Segments
Overview
Includes revenues generated from gathering system services. Operates through gathering agreements with its production segment and other third parties. In FY2025, the segment incurred a capital expenditure of US$367.697 million, which grew 81.8% YoY.
Performance
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Overview
Engages in the operation of transmission and storage systems. Operates through agreements for transmission and storage services with production segment and third parties. In FY2025, the segment incurred a capital expenditure of US$51.769 million, which grew 64.6% YoY.
Performance
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Overview
Engages in the production and sale of natural gas, NGLs and oil. Produces natural gas and oil through its assets located in Pennsylvania, West Virginia, and Ohio. In FY2025, the segment incurred a capital expenditure of US$1878.052 million, which declined 6.3% YoY.
Performance
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