EQT posts EPS beat in Q3, but revenue fall short of estimates

EQT Corporation reported a beat in adjusted earnings per share (EPS) for Q3, posting $0.42 compared to the consensus of $0.39. However, revenue fell short of estimates, coming in at $1.77 billion versus the $1.8 billion forecast. The company's sales volume decreased 8% year-over-year to 583 Bcfe, with 21 Bcfe of strategic curtailments.

Despite downward pressure on natural gas prices, EQT's marketing efforts led to stronger realized pricing, and capital expenditures were well below expectations at $638 million. The company anticipates a sales volume range of 550-600 Bcfe for Q4 2026, with maintenance capital expenditures projected to be between $540-$610 million.

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