Business Segments · Less: Accumulated depletion

Upstream — Less: Accumulated depletion

EQT Corporation Upstream — Less: Accumulated depletion increased by 14.9% to $14.34B in Q4 2025 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2024
Last reportedQ4 2025

How to read this metric

An increasing balance indicates that a larger portion of the asset base has been depleted, potentially signaling the need for future capital investment to replace reserves.

Detailed definition

This metric represents the cumulative amount of depletion expense recognized against the upstream oil and gas properties...

Peer comparison

Standard in upstream oil and gas reporting; peers typically disclose this as a contra-asset account to gross property, plant, and equipment.

Metric ID: eqt_segment_upstream_less_accumulated_depletion

Historical Data

2 periods
 Q4 '24Q4 '25
Value$12.49B$14.34B
QoQ Change+14.9%
YoY Change+14.9%
Range$12.49B$14.34B
Avg YoY Growth+14.9%
Median YoY Growth+14.9%

Frequently Asked Questions

What is EQT Corporation's upstream — less: accumulated depletion?
EQT Corporation (EQT) reported upstream — less: accumulated depletion of $14.34B in Q4 2025.
What does upstream — less: accumulated depletion mean?
The total historical depletion expense recorded for oil and gas assets.