Exploration Expense
EQT Corporation Exploration Expense decreased by 54.5% to $430.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 59.1%, from $1.05M to $430.00K. Over 4 years (FY 2021 to FY 2025), Exploration Expense shows a downward trend with a -38.0% CAGR.
Analysis
How to read this metric
An increase suggests aggressive growth and reserve expansion, while a decrease may indicate cost-cutting or a mature asset base.
Detailed definition
Represents the costs incurred to identify, evaluate, and confirm the existence of new mineral deposits or to expand exis...
Peer comparison
Standard across mining and extractive industries; often benchmarked as a percentage of total revenue or capital expenditure.
other_exploration_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.78M | $20.50M | $1.18M | $772.00K | $1.74M | $357.00K | $568.00K | $952.00K | $1.20M | $447.00K | $728.00K | $916.00K | $1.38M | $282.00K | $159.00K | $1.05M | $1.27M | $331.00K | $946.00K | $430.00K |
| QoQ Change | — | >999% | -94.2% | -34.6% | +125.5% | -79.5% | +59.1% | +67.6% | +26.4% | -62.8% | +62.9% | +25.8% | +50.4% | -79.5% | -43.6% | +561.0% | +21.1% | -74.0% | +185.8% | -54.5% |
| YoY Change | — | — | — | — | -2.1% | -98.3% | -51.9% | +23.3% | -30.9% | +25.2% | +28.2% | -3.8% | +14.5% | -36.9% | -78.2% | +14.7% | -7.6% | +17.4% | +495.0% | -59.1% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Upstream | — | — | — | — | — | — | — | $430.00K |
| Gathering | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Production | $916.00K | $1.38M | $159.00K | $1.05M | $1.27M | $331.00K | — | — |
| Transmission | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $916.00K | $1.38M | $159.00K | $1.05M | $1.27M | $331.00K | $946.00K | $430.00K |
Production was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Exploration Expense at Other Companies
Frequently Asked Questions
- What is EQT Corporation's exploration expense?
- EQT Corporation (EQT) reported exploration expense of $430.00K in Q1 2026.
- How has EQT Corporation's exploration expense changed year-over-year?
- EQT Corporation's exploration expense decreased by 59.1% year-over-year, from $1.05M to $430.00K.
- What is the long-term trend for EQT Corporation's exploration expense?
- Over 4 years (2021 to 2025), EQT Corporation's exploration expense has grown at a -38.0% compound annual growth rate (CAGR), from $24.40M to $3.60M.
- What does exploration expense mean?
- The amount spent on searching for new mineral resources to replenish or expand mining reserves.