The EQT X fund ("EQT") and Canada Pension Plan Investment Board ("CPP Investments") have agreed to acquire NEOGOV, which serves over 10,000 public sector agencies with purpose-built government HR and compliance software solutions NEOGOV's cloud-native solutions support the full employee lifecycle and help public sector agencies drive efficiency and stay compliant with local policies and regulatory frameworks EQT and CPP Investments will partner with CEO Shane Evangelist and the management team to accelerat ...

Core Insights - EQT Corporation reported strong second-quarter 2025 earnings, driven by its core upstream operations, but the stock price has declined nearly 4% since the earnings release on July 22, indicating potential undervaluation with an EV/EBITDA ratio of 8.47 compared to the industry average of 10.83 [1][8]. EQT's Upstream Business - EQT is a leading natural gas producer in the U.S., primarily focused on the Appalachian region, with sufficient drilling locations to sustain operations for over three decades [2]. - The company anticipates consistent positive results from its drilling and upstream operations, particularly with new well drilling [2]. Robust Q2 Earnings - For Q2 2025, EQT reported adjusted earnings from continuing operations of 45 cents per share, surpassing the Zacks Consensus Estimate of 44 cents, and a significant improvement from a loss of 8 cents in the previous year [3][8]. - Adjusted operating revenues rose to $1,599 million from $1,183 million year-over-year, although it fell short of the Zacks Consensus Estimate of $1,793 million [3][8]. Q2 Operations Favorable - In Q2, EQT produced 568.2 billion cubic feet (Bcfe) of natural gas, an increase from 507.5 Bcfe in the prior-year quarter, although it slightly missed the estimate of 569.3 Bcfe [5][8]. - Natural gas accounted for approximately 94% of total production, amounting to 534.4 Bcf, which is an increase from 474.1 Bcf in the previous year [5][8]. - The average natural gas price, including cash-settled derivatives, was $2.69 per Mcf, up from $2.16 in the prior-year quarter [6].

Photo by Katja Buchholz/Getty ImagesGetty ImagesEQT Corp (NYSE: EQT) has re-entered the limelight—but not in the manner investors desired. Shares of the most significant natural gas producer in the U.S. plummeted nearly 12% over the past five days, significantly trailing the broader energy sector. The primary reason? A 7% decrease in natural gas futures, driven by predictions of cooler-than-anticipated weather, high storage levels, and consistent production strength. Although EQT’s Q2 2025 earnings exceeded ...

Group 1 - EQT Corporation (NYSE: EQT) reported earnings that exceeded expectations, largely due to a decrease in costs associated with the Equitrans acquisition [2] - The analysis of oil and gas companies focuses on identifying undervalued entities within the sector, examining their balance sheets, competitive positions, and development prospects [1] - The oil and gas industry is characterized as a boom-bust, cyclical market, requiring patience and experience for successful investment [2] Group 2 - The article serves as an example of the detailed analysis provided to members of the Oil & Gas Value Research service, which includes insights not available on the free site [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM__________ TO__________ COMMISSION FILE NUMBER: 001-03551 EQT CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 25-0464690 (State or other ju ...

Joining us this morning in a CNBC exclusive is EQT CEO Toby Rice. Toby, great to have you. Uh maybe we can talk about the price action, but delve more into where where this momentum is coming from and how long it's going to last.Yeah, so natural gas prices are a little softer today based on some disappointing weather, a little bit of over supply from producers, but the outlook for natural gas uh has never been stronger. And we are really excited about the way that we've positioned EQT over the last 5 years ...

EQT Corp (EQT) Q2 2025 Earnings Call July 23, 2025 10:00 AM ET Company ParticipantsCameron Horwitz - MD, IR & StrategyToby Rice - President, CEO & DirectorJeremy Knop - CFODevin Mcdermott - MD - ResearchNeil Mehta - Head - Americas Natural Resources Equity ResearchJosh Silverstein - Managing DirectorPhillip Jungwirth - Managing DirectorScott Hanold - Managing Director - Energy ResearchJake Roberts - DirectorJohn Annis - Vice PresidentConference Call ParticipantsDoug Leggate - MD & Senior Research AnalystAru ...

EQT Corp (EQT) Q2 2025 Earnings Call July 23, 2025 10:00 AM ET Speaker0Thank you for standing by. I would like to welcome everyone to AQT Q2 twenty twenty five Quarterly Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you.I would now like to turn the call over to Cameron Horwitz, Managing Director, Investor Relations and Strategy. Please go ahead.Speaker1Good morning, and thank you fo ...

Financial Performance - EQT's 2Q25 total sales volumes reached 568 Bcfe[8] - The average realized price was $2.81 per Mcfe[8] - Adjusted EBITDA attributable to EQT was $1,033 million[8] - Free cash flow attributable to EQT was $240 million[8] - Capital expenditures amounted to $554 million[8] Operational Efficiency and Cost Reduction - Capital spending was 15% below guidance midpoint due to efficiency gains[9] - Per unit operating costs were below the low-end of guidance due to lower LOE and SG&A expense[9] - Updated guidance increases annual production by 100 Bcfe and lowers operating cost guidance by 6 cents per Mcfe[9] Strategic Growth and Infrastructure Projects - Working to finalize agreements for Shippingport Power Station (800 MMcf/d) and Homer City Redevelopment project (665 MMcf/d)[10] - Launched open season for MVP Boost, providing 500 MMcf/d of incremental takeaway capacity[10] - Closed on the Olympus Acquisition on July 1st[10] Debt Management - Total debt was ~$8.3 billion and net debt was ~$7.8 billion, down ~$1.4 billion from YE24 and nearly $6 billion below 3Q24 levels[9]

Core Insights - EQT Corporation reported second-quarter 2025 adjusted earnings from continuing operations of 45 cents per share, exceeding the Zacks Consensus Estimate of 44 cents, and a significant improvement from a loss of 8 cents in the same quarter last year [1][9] - Adjusted operating revenues rose to $1,599 million from $1,183 million year-over-year, although it fell short of the Zacks Consensus Estimate of $1,793 million [1][9] Production - Sales volume increased to 568 billion cubic feet equivalent (Bcfe) from 508 Bcfe year-over-year, but missed the estimate of 569 Bcfe [3] - Natural gas sales volume was 534.4 Bcf, up from 474.1 Bcf in the prior year, but also missed the estimate of 535.3 Bcf [3] - Total liquid sales volume reached 5,631 thousand barrels (MBbls), slightly up from 5,573 MBbls year-over-year, but below the projection of 5,660.6 MBbls [3] Commodity Price Realizations - The average realized price for natural gas equivalent was $2.81 per thousand cubic feet (Mcfe), an increase from $2.33 year-over-year [4] - The average natural gas price, including cash-settled derivatives, rose to $2.69 per Mcf from $2.16 [4] - The natural gas sales price was $3.63 per Mcf, significantly higher than $2.02 recorded a year ago [4] - Oil price was reported at $51.70 per barrel, down from $61.96 year-over-year, and below the estimate of $47.19 [5] Expenses - Total operating expenses increased to $1.42 billion from $949.5 million in the prior-year quarter [6] - Gathering expenses decreased to 8 cents per Mcfe from 59 cents year-over-year, while transmission expenses rose to 45 cents per Mcfe from 35 cents [6] - Lease operating expenses remained flat at 9 cents year-over-year [6] Cash Flows - Adjusted operating cash flow totaled $918 million, up from $405 million a year ago [7] - Free cash flow improved to $340 million from a negative $171 million in the same quarter last year [7] Capex & Balance Sheet - Total capital expenditure was $554 million, down from $576 million reported a year ago [10] - As of June 30, 2025, the company had cash and cash equivalents of $555 million and net debt of $7.76 billion [10] Guidance - For Q3 2025, EQT anticipates total sales volume between 590-640 Bcfe [11] - The full-year sales volume forecast has been raised to 2,300-2,400 Bcfe, an increase of 100 Bcfe from earlier projections [11] - Capital expenditures are projected to be in the range of $2,300-$2,450 million for the full year [11]