EQT Corp ( (EQT) ) has released its Q4 earnings. Here is a breakdown of the information EQT Corp presented to its investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
EQT Corporation is a leading natural gas producer in the Appalachian Basin, known for its focus on operational efficiency and sustainable practices in energy production.
In its latest earnings report, EQT Corporation highlighted strong performance in the fourth quarter of 2024, with sales volumes reaching the high end of guidance and significant operational efficiencies contributing to lower capital expenditures. The company also provided optimistic guidance for 2025, emphasizing continued efficiency gains and robust well performance.
Key financial metrics for the fourth quarter of 2024 included a sales volume of 605 Bcfe and net cash from operating activities of $756 million, generating $588 million in free cash flow. The company benefited from a joint venture transaction and asset sales, resulting in proceeds of approximately $4.7 billion. Despite facing net curtailments, EQT achieved operational cost efficiencies, closing the quarter with a net debt of $9.1 billion.
For 2025, EQT projects production guidance of 2,175 – 2,275 Bcfe, with plans to reduce maintenance capital expenditures and achieve free cash flow of $2.6 billion. The integration of Equitrans is nearly complete, expected to further drive synergies and operational efficiencies.
Looking ahead, EQT Corporation remains focused on leveraging its integrated platform and efficiency initiatives to enhance production and financial performance in 2025, with expectations of reducing net debt and capitalizing on strategic investments.
