EQT Corporation Posts 15% Revenue Growth and 22.7% EPS Surprise in Q4
For Q4, EQT Corporation reported $2.09 billion in revenue, up 15% year over year and 1.47% above estimates, with EPS of $0.90, a 22.67% surprise. Average natural gas sales price hit $3.76 per Mcf and NGLs fetched $40.90 per barrel, both exceeding forecasts.
1. Q4 Financial Results
EQT Corporation delivered $2.09 billion in revenue for the quarter ended December 2025, a 15% increase year over year, surpassing consensus by 1.47%. Earnings per share reached $0.90, outpacing analyst expectations by 22.67%, underscoring strong top- and bottom-line performance.
2. Pricing Metrics
The average natural gas sales price rose to $3.76 per Mcf versus a $3.42 estimate, while NGLs excluding ethane averaged $40.90 per barrel, well above the $28.61 forecast. Oil sales realized $44.98 per barrel, slightly below the $45.41 consensus.
3. Volume and Segment Details
Total sales volume reached 608,994 MMcfe, exceeding the 601,337 MMcfe projection, driven by 572,231 MMcf of natural gas and 585 MBBL of oil. Pipeline and other operating revenues climbed 1.8% year over year to $170.04 million, beating the $147.4 million estimate.