EQT Corporation Reports Strong Q2 2025 Results

EQT Corp ( (EQT) ) has released its Q2 earnings. Here is a breakdown of the information EQT Corp presented to its investors.

EQT Corporation, a leading natural gas producer in the Appalachian Basin, has reported its financial results for the second quarter of 2025, showcasing strong operational performance and strategic advancements.

In the second quarter of 2025, EQT Corporation achieved a sales volume of 568 Bcfe, reaching the high end of its guidance due to robust well performance and successful integration of Equitrans Midstream assets. The company reported capital expenditures of $554 million, which is 15% below the midpoint of its guidance, thanks to efficiency gains and optimization of midstream projects.

Key financial metrics for the quarter include a net income attributable to EQT of $784 million, a significant increase from $10 million in the same period last year. The company also generated $240 million in free cash flow, despite a $134 million net expense related to a securities class action settlement. EQT’s net debt decreased by approximately $1.4 billion from the end of 2024, reflecting a stronger balance sheet.

EQT’s strategic initiatives include the completion of the Olympus Acquisition, which is expected to enhance production capabilities and reduce operating costs. The company is also advancing several in-basin supply and midstream growth projects, positioning itself to capitalize on increasing demand for natural gas in power and data center sectors.

Looking ahead, EQT Corporation remains focused on operational excellence and sustainable growth. The company has updated its 2025 guidance to reflect increased production expectations and reduced operating costs, while maintaining its capital spending plans. Management is optimistic about leveraging its integrated platform to drive value and deliver reliable energy solutions.