EQT Q2 FY26 net income falls 73.09% to $211 million; revenue drops 31.27% to $1.66 billion - EQT News | RalliesEQT Q2 FY26 net income falls 73.09% to $211 million; revenue drops 31.27% to $1.66 billion
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EQT• Outlook
- EQT raised its full-year sales-volume outlook to 2,375-2,450 Bcfe.
- Q3 forecast was set at 570-620 Bcfe.
Q2 results
- EQT posted Q2 net income attributable to shareholders of $211 million; diluted EPS fell to $0.34 from $1.30 a year earlier.
- Sales volume rose to 634 Bcfe from 568 Bcfe; average realized price slipped to $2.65 per Mcfe from $2.81.
- Net cash from operations declined to $1.05 billion from $1.24 billion; capital expenditures increased to $666 million from $554 million.
Recent business updates
- The company signed a 10-year gas supply deal with CPV for 325,000 Dth/d.
- EQT also closed the $77 million Blackline Midstream acquisition.
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