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.
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.
This metric represents the cumulative amount of depletion expense recognized against the upstream oil and gas properties...
Standard in upstream oil and gas reporting; peers typically disclose this as a contra-asset account to gross property, plant, and equipment.
eqt_segment_upstream_less_accumulated_depletion| Q4 '24 | Q4 '25 | |
|---|---|---|
| Value | $12.49B | $14.34B |
| QoQ Change | — | +14.9% |
| YoY Change | — | +14.9% |