Earnings ·
EQT reports Q3 net income of $279M and announces acquisition of Range Resources
EQTEQT Corp
EQT Corporation reported third quarter 2026 net income attributable to EQT of $279 million, or diluted EPS of $0.44, compared to $336 million in the prior year period. The company generated $1.08 billion in operating cash flow and $283 million in free cash flow attributable to EQT. Capital expenditures totaled $638 million, coming in 10% below the low-end of guidance due to operational efficiency gains. Additionally, EQT announced a strategic acquisition of Range Resources Corporation, which will create America's largest vertically integrated natural gas producer. The company also increased its annualized dividend by 3% to $0.68 per share and signed a 10-year LNG sales agreement with Ignitis Group. EQT is a premier, vertically integrated American natural gas company focused on upstream and midstream operations in the Appalachian Basin.