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EQT

EQT Corporation

boothcheck covers EQT Corporation (EQT) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.

Published model solve
no single estimate
Priced In
within-range

Key Takeaways

• EQT drills Appalachian natural gas and owns the pipes that carry it, a combination the 10-K describes plainly: after the Equitrans deal, ⟦"our Upstream segment's third-party gathering expense decreased and its affiliate transportation and processing expense increased"⟧, so the toll it used to pay a stranger it now pays itself. • The commodity does almost all of the work: in the March 2026 quarter the drilling segment earned $1.73 billion of operating income against $191.8 million a year earlie

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Institutional ownership

1,129 institutional managers reported holding EQT in 13F filings for the quarter ended 2026-03-31. Together they hold about 88% of the company; the top 10 hold 45%. 181 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 21.5M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

EQT's share count grew 123.9% over the past five years even with $623.44M spent on repurchases. It pays a dividend, and has for 4 years running; the current rate is $0.64 a share annually. Cash returned over the past three years: $939.30M in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at EQT over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

EQT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-27+4.6%-2.4%
2023-10-27+0.7%-7.8%
2024-02-15-5.6%+5.0%
2024-04-25+3.9%-7.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

EQT's latest 8-K filings: 2026-07-21 (items 2.02, 9.01); 2026-07-14 (items 2.02); 2026-04-21 (items 2.02, 9.01); 2026-04-15 (items 5.02, 5.07); 2026-04-14 (items 2.02).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

Compare EQT

APA vs EQTAR vs EQTCNQ vs EQTDVN vs EQTEOG vs EQTEQT vs EXE

Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.