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EQT Corporation EQT Upstream — Operating and maintenance

Other segment segments

Gathering
$42.11M+16.0%
Transmission
$12.76M+16.1%

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Other financials

Income statement

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Revenue$3.4B+94.2%
Gross profit$3.0B+119%
Operating income$2.0B+310%
Net income$1.5B+514%
EPS (diluted)$2.36+490%

Balance sheet

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Cash & equivalents$326.6M+15.9%
Total debt$6.0B-28.6%
Total equity$25.1B+21.2%
Total assets$41.7B+5.0%

Cash flow

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Operating cash flow$3.1B+75.5%
CapEx$598.5M+19.8%
Free cash flow$2.5B+97.9%

Valuation

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Market cap$32.96B-8.7%
Enterprise value$38.63B-12.0%
P/E10×-21.5×
P/S3.2×-1.8×

Profitability

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Gross margin84.9%+16.1pp
Operating margin46.6%+28.7pp
Net margin31.9%+25.3pp
FCF margin39.4%

Returns & leverage

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Return on equity14.3%+12.3pp
Debt / equity0.2×-0.2×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by EQT Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The official record: EQT Corporation’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's upstream — operating and maintenance?
EQT Corporation (EQT) reported upstream — operating and maintenance of $0 in Q1 2026.
What does upstream — operating and maintenance mean?
General costs associated with the upkeep of physical assets and infrastructure within the upstream segment that are not directly tied to specific extraction activities. This includes routine maintenance of facilities and equipment to ensure operational continuity. It reflects the ongoing investment required to maintain asset integrity.