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EQT Corporation
EQT · NYSEOil & Gas — Natural Gas
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Fuel &resourcesuranium, gas, coal, acrea…Equipment &servicesturbines, grid gear, rigs…Generation &productionpower plants & wellsGrid, markets& midstreamtransmission, RTOs, pipel…Distribution &takeawaythe wires & pipes that de…Demand &marketsdata centres, homes, refi…MINMineral & royalty ownersOFSOilfield servicesSNDFrac sand & waterGEVGE VernovaEQTEQT CorporationTHTug Hill (THQ Appalachia)OLYOlympus Energy assetsETRNEQT Midstream (Equitrans)MVPMountain Valley PipelineENBEnbridge (Texas Eastern)BXBlackstoneLDCLocal distribution utilitiesHCHomer City Energy Campus···Data centres & hyperscalersGENGas-fired power producersLNGLNG export terminalsUSEIndustry & residential
Company details
Market cap
$38B
P/E ratio
~11×
Div yield
~1.2%
EPS (TTM)
$5.27
Revenue (2025)
$8.2B
Rev. growth
+62%
Net income
$2.0B
Production
~6 Bcfe/d
In plain English
EQT is the largest natural-gas producer in the United States, drilling the Marcellus and Utica shale under Pennsylvania, West Virginia and Ohio. After swallowing pipeline owner Equitrans in 2024 it became America's first big vertically integrated gas company — it now produces the gas AND owns the pipes that move it — and is increasingly selling that gas straight to the AI data centres springing up across Appalachia.
In simple terms
What EQT Corporation really sells
EQT is the largest natural-gas producer in the United States, drilling the Marcellus and Utica shale under Pennsylvania, West Virginia and Ohio. After swallowing pipeline owner Equitrans in 2024 it became America's first big vertically integrated gas company — it now produces the gas AND owns the pipes that move it — and is increasingly selling that gas straight to the AI data centres springing up across Appalachia.
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Risk read
Moderate
SteadierMore speculative
Why this rating?