EQT Corporation EQT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Business | ||||||
| Gathering | $334.98M+3.2% | $324.7M+1.1% | $321.15M+0.3% | $320.27M-4.5% | $335.31M-4.5% | |
| Transmission | $161.45M+4.4% | $154.69M+13.1% | $136.71M+1.6% | $134.58M-8.0% | $146.27M+11.7% | |
| Upstream | $3.21B— | —— | —— | —— | $1.57B+25.3% | |
| Total segment operating income by Business | ||||||
| Gathering | $218.27M+10.6% | $197.42M-2.6% | $202.63M-1.4% | $205.41M-11.2% | $231.2M-1.3% | |
| Transmission | $116.02M+20.1% | $96.64M+13.2% | $85.39M-5.2% | $90.06M-12.7% | $103.15M+19.6% | |
| Upstream | $1.73B— | —— | —— | —— | $191.79M+90.1% | |
| Other Operating Income by Business | ||||||
| Gathering | -$35K+98.9% | -$3.09M+33.1% | -$4.62M+36.8% | -$7.31M-145% | -$2.98M— | |
| Transmission | $0— | $0— | $0— | $0-100% | $536K— | |
| Upstream | -$13.52M— | —— | —— | —— | -$4.4M-38.6% | |
| Total Assets by Business | ||||||
| Gathering | $8.71B+0.4% | $8.68B+0.9% | $8.6B+3.9% | $8.28B+0.6% | $8.23B-0.8% | |
| Transmission | $7.87B+3.1% | $7.64B+0.4% | $7.61B-0.3% | $7.64B0.0% | $7.63B-0.5% | |
| Upstream | $23.66B-2.6% | $24.3B— | —— | —— | $22.41B-0.6% | |
| Total Operating Expenses by Business | ||||||
| Gathering | $116.71M-8.3% | $127.28M+7.4% | $118.52M+3.2% | $114.86M+10.3% | $104.11M-1.4% | |
| Transmission | $45.43M-21.7% | $58.05M+13.1% | $51.33M+15.3% | $44.53M+3.3% | $43.12M-3.5% | |
| Upstream | $1.48B— | —— | —— | —— | $1.38B+19.6% | |
| Revenue, remaining performance obligation by Business | ||||||
| Gathering | $4.11B-2.1% | $4.2B-2.8% | $4.32B-2.8% | $4.44B-1.9% | $4.53B-2.1% | |
| Transmission | $4.42B-2.4% | $4.53B-2.4% | $4.64B-1.9% | $4.74B-1.7% | $4.82B-2.2% | |
| Upstream | $9.73M+48.0% | $6.58M— | —— | —— | —— | |
| SG&A by Business | ||||||
| Gathering | $18.75M-17.0% | $22.57M+43.3% | $15.75M+21.9% | $12.92M-16.1% | $15.4M-44.0% | |
| Transmission | $7.68M-30.7% | $11.09M+27.0% | $8.73M+7.7% | $8.11M-13.9% | $9.42M-19.4% | |
| Upstream | $55.05M— | —— | —— | —— | $48.67M-20.4% | |
| Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0+100% | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | -$238.27M— | —— | —— | —— | -$678.92M-4,101% | |
| Other Assets by Business | ||||||
| Gathering | $8.71B+0.4% | $8.68B+0.9% | $8.6B+3.9% | $8.28B+0.6% | $8.23B-0.8% | |
| Transmission | $2.86B-0.9% | $2.89B-0.2% | $2.9B-0.1% | $2.9B-0.1% | $2.9B-0.6% | |
| Upstream | $23.66B-2.6% | $24.3B— | —— | —— | $22.41B-0.6% | |
| Total capital expenditures by Business | ||||||
| Gathering | $91.45M-12.5% | $104.51M-0.5% | $105M+22.0% | $86.08M+19.4% | $72.1M-20.4% | |
| Transmission | $11.11M-29.9% | $15.85M+21.9% | $13M+26.3% | $10.29M-18.5% | $12.63M-40.8% | |
| Upstream | $499.26M— | —— | —— | —— | $408.76M-18.4% | |
| Gain (Loss) on Disposition of Property Plant Equipment by Business | ||||||
| Gathering | $0-100% | $17K+41.7% | $12K— | $0— | $0— | |
| Transmission | $0— | $0— | $0+100% | -$302K-543% | -$47K— | |
| Upstream | $25K— | —— | —— | —— | -$184K-100% | |
| Production by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $115.18M— | —— | —— | —— | $88.44M-6.2% | |
| Exploration by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $430K— | —— | —— | —— | $1.05M+53.7% | |
| Depreciation, depletion and amortization by Business | ||||||
| Gathering | $55.82M+1.0% | $55.26M+3.0% | $53.64M-0.7% | $54.03M+9.3% | $49.42M+11.7% | |
| Transmission | $25M-13.7% | $28.97M+8.0% | $26.82M+18.0% | $22.73M-2.0% | $23.2M+4.1% | |
| Upstream | $567.71M— | —— | —— | —— | $543.49M+7.8% | |
| Transportation and processing by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $724.48M— | —— | —— | —— | $688.6M+5.1% | |
| Investments in unconsolidated entities by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $3.78B+7.4% | $3.51B+0.9% | $3.48B-0.6% | $3.5B+0.2% | $3.5B-1.1% | |
| Upstream | $0— | $0— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $1.23B0.0% | $1.23B0.0% | $1.23B0.0% | $1.23B-0.3% | $1.24B+1.5% | |
| Upstream | $0— | $0— | —— | —— | $0— | |
| Operating and maintenance by Business | ||||||
| Gathering | $42.11M-7.6% | $45.57M+2.3% | $44.52M+9.7% | $40.6M+11.8% | $36.31M+7.2% | |
| Transmission | $12.76M-29.1% | $17.98M+13.9% | $15.78M+17.9% | $13.39M+21.8% | $10.99M+2.8% | |
| Upstream | $0— | —— | —— | —— | $0— | |
| Gain (Loss) On Expiration And Impairment Of Lease by Business | ||||||
| Gathering | $0+100% | -$811K— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | -$3.82M— | —— | —— | —— | -$2.66M+89.1% | |
| Sales of natural gas, natural gas liquids and oil by Product | ||||||
| Natural gas | $3.25B+69.9% | $1.92B+26.5% | $1.51B-1.6% | $1.54B-24.9% | $2.05B+43.0% | |
| NGLs | $157.11M-3.1% | $162.14M+16.4% | $139.33M-4.0% | $145.1M-16.5% | $173.82M-3.6% | |
| Oil | $28.48M+8.3% | $26.29M+9.0% | $24.12M+49.0% | $16.19M-22.8% | $20.96M-22.8% | |
| Total revenues from contracts with customers | $3.61B+58.9% | $2.27B+24.9% | $1.82B-0.9% | $1.84B-23.9% | $2.42B+33.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does EQT Corporation break its business down?
- EQT Corporation (EQT) reports total operating revenues by business across 3 parts — Gathering, Transmission and Upstream. Each is extracted from the segment footnotes and tracked over time.
- Where does EQT Corporation's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in EQT Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
