eqt corporation is a leading independent natural gas producer with an evolutionary focus on our future. eqt has operations in pennsylvania, west virginia and ohio and is dedicated to responsibly developing our world-class asset base in the core of the appalachian basin. while we are currently the largest producer of natural gas in the united states, we know being the biggest doesn’t always mean being the best. with that in mind, eqt is making strides toward becoming the best producer by creating long-term value for all stakeholders, including employees, landowners, communities, industry partners and investors.
![EQT logo](/files/LOGO/33213-EQT.png)
Company profile
Ticker
EQT
Exchange
Website
CEO
Robert McNally
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
EQUITABLE RESOURCES INC /PA/
SEC CIK
Corporate docs
Subsidiaries
EQT Acquisition HoldCo LLC • EQT AMD LLC • EQT AMM LLC • EQT ARO LLC • EQT Aurora LLC • EQT Capital Corporation • EQT Carbon Services LLC • EQT CHAP LLC • EQT CNEU LLC • EQT Energy, LLC ...
IRS number
250464690
EQT stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
24 Jul 24
8-K
EQT Reports Second Quarter 2024 Results
23 Jul 24
S-8
Registration of securities for employees
22 Jul 24
8-K
EQT Completes Acquisition of Equitrans Midstream
22 Jul 24
8-K
Amendments to Articles of Incorporation or Bylaws
18 Jul 24
425
Business combination disclosure
11 Jul 24
8-K
Other Events
11 Jul 24
8-K
Results of Operations and Financial Condition
11 Jul 24
425
Business combination disclosure
25 Jun 24
8-K
Other Events
25 Jun 24
Transcripts
EQT
Earnings call transcript
2024 Q2
24 Jul 24
EQT
Earnings call transcript
2024 Q1
24 Apr 24
EQT
Earnings call transcript
2023 Q4
14 Feb 24
EQT
Earnings call transcript
2023 Q3
26 Oct 23
EQT
Earnings call transcript
2023 Q2
26 Jul 23
EQT
Earnings call transcript
2023 Q2
26 Jul 23
EQT
Earnings call transcript
2023 Q1
27 Apr 23
EQT
Earnings call transcript
2022 Q4
16 Feb 23
EQT
Earnings call transcript
2022 Q3
27 Oct 22
EQT
Earnings call transcript
2022 Q2
28 Jul 22
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 29.97 mm | 29.97 mm | 29.97 mm | 29.97 mm | 29.97 mm | 29.97 mm |
Cash burn (monthly) | 206.02 mm | 98.79 mm | 11.66 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 185.34 mm | 88.87 mm | 10.49 mm | n/a | n/a | n/a |
Cash remaining | -155.36 mm | -58.90 mm | 19.48 mm | n/a | n/a | n/a |
Runway (months of cash) | -0.8 | -0.6 | 1.7 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
98.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 618 |
Opened positions | 213 |
Closed positions | 88 |
Increased positions | 175 |
Reduced positions | 151 |
13F shares | Current |
---|---|
Total value | 11.95 tn |
Total shares | 436.14 mm |
Total puts | 7.50 mm |
Total calls | 5.12 mm |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price | 64.88 mm | $2.41 bn |
Vanguard | 50.87 mm | $1.89 tn |
Wellington Management | 41.07 mm | $1.52 tn |
BLK Blackrock | 32.72 mm | $1.21 tn |
STT State Street | 27.38 mm | $1.01 tn |
Q-XcL Holdings I | 23.95 mm | $1.02 bn |
BK Bank Of New York Mellon | 19.88 mm | $737.09 bn |
Capital World Investors | 16.45 mm | $609.64 bn |
T. Rowe Price Investment Management | 15.18 mm | $562.64 mm |
Geode Capital Management | 9.52 mm | $351.97 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jul 24 | Jeremy Knop | Common Stock | Payment of exercise | Dispose F | No | No | 35.1 | 985 | 34.57 k | 65,811 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | Yes | No | 0 | 7,008 | 0.00 | 7,008 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | Yes | No | 0 | 8,760 | 0.00 | 8,760 |
22 Jul 24 | Thomas F Karam | Common Stock | Payment of exercise | Dispose F | No | No | 35.88 | 237,127 | 8.51 mm | 482,726 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | No | No | 0 | 470,301 | 0.00 | 719,853 |
22 Jul 24 | Thomas F Karam | Common Stock | Payment of exercise | Dispose F | No | No | 35.88 | 33,504 | 1.20 mm | 249,552 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | No | No | 0 | 66,448 | 0.00 | 283,056 |
22 Jul 24 | Thomas F Karam | Common Stock | Payment of exercise | Dispose F | No | No | 35.88 | 113,475 | 4.07 mm | 216,608 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | No | No | 0 | 225,056 | 0.00 | 330,083 |
22 Jul 24 | Thomas F Karam | Common Stock | Grant | Acquire A | No | No | 0 | 105,027 | 0.00 | 105,027 |
News
Piper Sandler Maintains Overweight on EQT, Lowers Price Target to $43
25 Jul 24
Stephens & Co. Maintains Equal-Weight on EQT, Lowers Price Target to $46
24 Jul 24
EQT Re-Affirms Its Expectation Of 2024 Total Sales Volume Of 2,100–2,200 Bcfe
23 Jul 24
EQT Q2 Adj $(0.08) Beats $(0.20) Estimate, Sales $1.18B Beat $1.06B Estimate
23 Jul 24
JP Morgan Upgrades EQT to Overweight, Announces $42 Price Target
23 Jul 24
Press releases
EQT Reports Second Quarter 2024 Results
23 Jul 24
EQT Completes Acquisition of Equitrans Midstream
22 Jul 24
Tortoise Announces Constituent Changes Due to Corporate Action
22 Jul 24
Abercrombie & Fitch Set to Join S&P MidCap 400; Gates Industrial to Join S&P SmallCap 600
16 Jul 24
EQT Declares Quarterly Cash Dividend
16 Jul 24