EQT
EQT CorporationPrevious close
55.38
Change
+0.84 / +1.54%
P/E (TTM) ?
12.8
Market Cap
$34.7B
1M
+14.04%
S&P 500 −0.91% over same period
Volume / Avg Volume
8.9M / 12.5M
0.71× average
Latest earnings analysisFY2026 Q2Reported 2026-07-14
EQT Q2 2026: record volumes, EPS down to $0.34 on hedge swing
EQT's second quarter looks weak at the top and bottom lines, but most of that is hedge accounting: revenue fell to $1.81 billion and GAAP EPS dropped to $0.34 while production hit a record 634 Bcfe and management raised full-year volume guidance. Read the volume, cost and debt lines as the real story, and treat the revenue and EPS comparisons as derivative noise. View: Bullish on operations, tempered by pricing.
Read the full analysis →Revenue$1.81BYoY −29.20%
EPS (non-GAAP)$0.39Missest. $0.40
Next-day move−1.12%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-14 | $1.8B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-14 | $3.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $8.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-14 | $2.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 37 of its 5-year rangeMid-range
5-year range 4.6 – 111.0 · Median 19.4
Last 4 quarters: $0 in buybacks + $412M in dividends, 1.19% of market cap combined
P/E (TTM)
12.8
P/B
1.4
P/S
3.7
Dividend Yield
1.54%
Earnings Reaction
Over the last 4 reports, the stock moved ±1.9% on average on the first trading day after, rising 3 times
Most recent −1.12%
Volatility & Correlation
1-year beta -0.27 · Correlation with S&P 500 -0.12Low beta
Annualized volatility 28% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $9.6MNet selling $9.6M
- 08-14Rice Toby Z.PRESIDENT & CEOSell$9.6M175,328 shares · Avg price 55.03
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 1.77 | −9.6% | 79.1% | 0.28 | 0.44 |
| FY2026 Q2 | 1.81 | −29.2% | 78.7% | 0.21 | 0.34 |
| FY2026 Q1 | 3.38 | +94.2% | 88.2% | 1.49 | 2.36 |
| FY2025 Q4 | 2.39 | +47.0% | 83.8% | 0.68 | 1.08 |
| FY2025 Q3 | 1.96 | +52.6% | 80.7% | 0.34 | 0.53 |
| FY2025 Q2 | 2.56 | +168.5% | 84.8% | 0.78 | 1.30 |
| FY2025 Q1 | 1.74 | +23.2% | 78.3% | 0.24 | 0.40 |
| FY2024 Q4 | 1.62 | −46.6% | 76.2% | 0.42 | 0.74 |
| FY2024 Q3 | 1.28 | +8.2% | 65.7% | -0.30 | -0.54 |
| FY2024 Q2 | 0.95 | +12.3% | 43.0% | 0.01 | 0.02 |
| FY2024 Q1 | 1.41 | −22.8% | 61.4% | 0.10 | 0.23 |
| FY2023 Q4 | 3.04 | −248.6% | 81.5% | 0.50 | 1.10 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| EQT | 12.8 | −9.6% | 79.1% | +14.04% | Neutral |
| XOM | 22.6 | +42.3% | — | +15.05% | Neutral |
| CVX | 22.6 | +51.4% | 45.5% | +15.33% | Bullish |
| COP | 19.7 | +43.3% | 62.9% | +23.08% | Bullish |
| MPC | 14.2 | +53.8% | 17.2% | +12.47% | Neutral |
| VLO | 15.4 | +43.3% | 20.4% | +3.11% | Bullish |
| PSX | 15.0 | +46.4% | 19.2% | +10.78% | Bullish |
| WMB | 29.6 | +0.0% | — | +9.39% | Neutral |
| EOG | 12.6 | +57.4% | — | +20.17% | Bullish |