EQT - NYSE

EQT Corporation

EQT·NYSE

$54.47

-0.37%

EnergyOil & Gas Exploration & Production

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$34.07B

EPS3.3300

P/E Ratio16.36

Earnings Date07/28/2026

5.13B

Operating Cash Flow

81%

3Y+48.0%

5Y+233.0%

10Y+382.0%

-2.84B

Investing Cash Flow

80%

3Y+100.0%

5Y+83.0%

10Y-1.0%

-2.37B

Financing Cash Flow

111%

3Y+239.0%

5Y-7581.0%

10Y-270.0%

EQT Corporation Cash Conversion Engine

EQT · NYSE

FCF Components

Net Income2.33B

Depreciation & Amortization2.60B

Stock-Based Compensation60.78M

Change in Working Capital-230.08M

Others-288.63M

Capital Expenditures-2.29B

Free Cash Flow2.84B

Cash Flow Quality Analysis

FCF Conversion Rate

122.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

44.6%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+395.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$230.08M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

EQT Corporation Cash Flow Statement

EQT • NYSE

EQT Corporation Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	2.3B	242.1M	1.7B	1.8B	-1.1B	-958.8M	-1.2B	-2B	1.9B	-131.1M	321.9M	511M	437.8M	196.4M	479.8M	227.7M	156.9M	255.6M	257.5M	220.3M
Depreciation & Amortization	2.6B	2.2B	1.7B	1.7B	1.7B	1.4B	1.6B	1.8B	1.1B	927.9M	819.2M	679.3M	676.6M	499.1M	339.3M	270.3M	196.1M	136.8M	109.8M	100.1M
Change in Deferred Taxes	657.8M	14.7M	384.7M	534.6M	-427.5M	-152.3M	-275.1M	-510.4M	-1.1B	-180.3M	17.9M	32M	110.4M	95.2M	234M	153.9M	234.8M	245.8M	32.4M	64.6M
Stock-Based Compensation	60.8M	158.3M	49.8M	45.2M	28.2M	19.6M	31.2M	25.2M	94.6M	44.6M	58.6M	42.1M	52.6M	40.2M	20.1M	14.1M	6.8M	0.0	0.0	0.0
Other Non-Cash Items	-288.6M	531.2M	-1.1B	-660.4M	1.9B	1B	1.7B	3.8B	-316.3M	577.4M	-66.2M	142.9M	-161.9M	14.7M	-210.9M	-8.2M	2.4M	-74.9M	-153.2M	-18.2M
Cash Taxes Paid	(0.0)	(8M)	(13.4M)	(20.8M)	(19.2M)	(448.9M)	(1.7M)	(3.7M)	(3.6M)	-41.1M	(95.7M)	(204.8M)	(163.7M)	(27.6M)	(47.2M)	-129.5M	(120.1M)	(14M)	(0.0)	(0.0)
Change in Working Capital	-230.1M	-281.8M	383.6M	99.2M	-366.7M	139.2M	19.5M	-119.5M	-10.7M	-173.1M	65.6M	7.4M	76.7M	-24.1M	77.6M	127.5M	129.2M	-135.8M	180.3M	252.4M
Cash from Operating Activities	5.1B	2.8B	3.2B	3.5B	1.7B	1.5B	1.9B	3B	1.6B	1.1B	1.2B	1.4B	1.2B	820.9M	915.3M	789.7M	725.7M	509.2M	426.7M	619.3M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-2.3B	-2.3B	-2B	-1.4B	-1.1B	-1B	-1.6B	-3.7B	-1.9B	-2.6B	-2.4B	-2.5B	-1.8B	-1.4B	-1.3B	-1.2B	-963.9M	-1.4B	-776.7M	-404.5M
Acquisitions, Net	-483.5M	-1B	-2.3B	-206.7M	-1B	-691.9M	(0.0)	-820.9M	-2.5B	-85.9M	-74.5M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-6.4M	-29M	(0.0)	(0.0)
Purchase of Investments	-82.9M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-284.9M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-750K	-3M	-3M	-9.7M	-2.5M
Sale/Maturity of Investments	0.0	0.0	0.0	189.2M	24.4M	52.3M	0.0	0.0	283.8M	3.9M	0.0	0.0	0.0	0.0	29.9M	12.3M	0.0	0.0	7.3M	0.0
Other Investing Items	10M	1.7B	-10.6M	-3.8M	-11.7M	126.1M	1.3M	573.6M	-7.8M	69.7M	-17.1M	7.3M	763.6M	4.8M	620M	-4.1M	-12.2M	29M	188.9M	-724K
Cash from Investing Activities	-2.8B	-1.6B	-4.3B	-1.4B	-2.1B	-1.6B	-1.6B	-4B	-4.2B	-2.9B	-2.5B	-2.4B	-999.8M	-1.4B	-614.1M	-1.2B	-985.5M	-1.4B	-590.1M	-407.7M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-1.1M	3.4B	-201M	-409.5M	-12.9M	340.9M	0.0	-538.9M	-30K	1.4B	1.9B	870.1M	529.4M	276.8M	0.0	537.2M	0.0	560.7M	3.2M	34.9M
Net Issuance of Debt	-1.5B	-4.1B	234.2M	83M	545.7M	-237.4M	-210.7M	2.2B	1.9B	195.9M	130M	488.8M	-23.2M	-219.3M	680.9M	48.7M	380.8M	340.6M	333.3M	-232.3M
Cash Paid for Dividends	-389.6M	-326.6M	-228.3M	-203.6M	(0.0)	-7.7M	-30.7M	-31.4M	-20.8M	-20.2M	-18.3M	-18.2M	-18.1M	-131.8M	-131.6M	-127.3M	-115.4M	-111.4M	-107.1M	-104.9M
Share Repurchases	(0.0)	(0.0)	-201M	-409.5M	-12.9M	(0.0)	(0.0)	-538.9M	-30K	-30K	-3.4M	-32.4M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Other Financing Items	-459.5M	-81.6M	-47.7M	-169M	-26.7M	-64.2M	-8.1M	-746.3M	-343.1M	-219.3M	-131.8M	-79.5M	12.4M	-1.2M	-8.9M	-8.9M	-5.6M	-4.8M	15.7M	15.7M
Cash from Financing Activities	-2.4B	-1.1B	-242.9M	-699.1M	506M	31.7M	-249.5M	859M	1.5B	1.4B	1.8B	1.3B	500.5M	-75.5M	540.3M	449.7M	259.8M	785.1M	245.1M	-286.5M
CASH FLOW SUMMARY
Net Change in Cash	-91.3M	121.1M	-1.4B	1.3B	95.8M	13.6M	1.1M	-143.8M	-956.2M	-497.7M	523.8M	231.8M	663.6M	-649.2M	540.3M	0.0	0.0	785.1M	245.1M	-286.5M
Cash at Beginning of Period	202.1M	81M	1.5B	114M	18.2M	4.6M	3.5M	147.3M	1.1B	1.6B	1.1B	845.6M	182.1M	831.3M	290.9M	0.0	0.0	81.7M	-163.4M	75M
Cash at End of Period	110.8M	202.1M	81M	1.5B	114M	18.2M	4.6M	3.5M	147.3M	1.1B	1.6B	1.1B	845.6M	182.1M	831.3M	0.0	0.0	866.8M	81.7M	-211.6M
Free Cash Flow	2.8B	573.3M	1.2B	2.1B	607.3M	495.5M	249.3M	-755.5M	-1.1B	-1.5B	-1.2B	-1B	-600.5M	-578.5M	-359M	-461.2M	-238.2M	-834.8M	-349.9M	214.8M

SEC Filings

EQT - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	April 22, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 21, 2026	April 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 14, 2026	April 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 24, 2026	March 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 10, 2026	March 10, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	February 26, 2026	April 14, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 18, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 09, 2026	February 04, 2026	2026	View Filing

Showing 1 to 10 of 604 filings

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