EQT Corporation EQT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Business | ||||||
| Gathering | $334.98M-0.1% | $324.7M-7.5% | $321.15M+16.0% | $320.27M+331% | $335.31M+421% | |
| Transmission | $161.45M+10.4% | $154.69M+18.2% | $136.71M+56.5% | $134.58M— | $146.27M— | |
| Upstream | $3.21B+104% | —— | —— | —— | $1.57B+25.3% | |
| Total segment operating income by Business | ||||||
| Gathering | $218.27M-5.6% | $197.42M-15.7% | $202.63M+5.9% | $205.41M+281% | $231.2M+345% | |
| Transmission | $116.02M+12.5% | $96.64M+12.1% | $85.39M+56.5% | $90.06M— | $103.15M— | |
| Upstream | $1.73B+800% | —— | —— | —— | $191.79M+90.1% | |
| Other Operating Income by Business | ||||||
| Gathering | -$35K+98.8% | -$3.09M— | -$4.62M— | -$7.31M— | -$2.98M— | |
| Transmission | $0-100% | $0— | $0— | $0— | $536K— | |
| Upstream | -$13.52M-207% | —— | —— | —— | -$4.4M-38.6% | |
| Total Assets by Business | ||||||
| Gathering | $8.71B+5.9% | $8.68B+4.6% | $8.6B+5.1% | $8.28B+460% | $8.23B+577% | |
| Transmission | $7.87B+3.1% | $7.64B-0.4% | $7.61B0.0% | $7.64B— | $7.63B— | |
| Upstream | $23.66B+5.6% | $24.3B+7.8% | —— | —— | $22.41B— | |
| Total Operating Expenses by Business | ||||||
| Gathering | $116.71M+12.1% | $127.28M+20.6% | $118.52M+48.4% | $114.86M+462% | $104.11M+742% | |
| Transmission | $45.43M+5.4% | $58.05M+29.9% | $51.33M+56.4% | $44.53M— | $43.12M— | |
| Upstream | $1.48B+7.5% | —— | —— | —— | $1.38B+19.6% | |
| Revenue, remaining performance obligation by Business | ||||||
| Gathering | $4.11B-9.2% | $4.2B-9.3% | $4.32B-8.9% | $4.44B— | $4.53B— | |
| Transmission | $4.42B-8.1% | $4.53B-7.9% | $4.64B+4.8% | $4.74B— | $4.82B— | |
| Upstream | $9.73M— | $6.58M— | —— | —— | —— | |
| SG&A by Business | ||||||
| Gathering | $18.75M+21.8% | $22.57M-17.8% | $15.75M+38.6% | $12.92M— | $15.4M— | |
| Transmission | $7.68M-18.5% | $11.09M-5.2% | $8.73M+58.9% | $8.11M— | $9.42M— | |
| Upstream | $55.05M+13.1% | —— | —— | —— | $48.67M-20.4% | |
| Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net by Business | ||||||
| Gathering | $0— | $0+100% | $0+100% | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | -$238.27M+64.9% | —— | —— | —— | -$678.92M-4,101% | |
| Other Assets by Business | ||||||
| Gathering | $8.71B+5.9% | $8.68B+4.6% | $8.6B+5.1% | $8.28B— | $8.23B— | |
| Transmission | $2.86B-1.3% | $2.89B-1.0% | $2.9B-2.2% | $2.9B— | $2.9B— | |
| Upstream | $23.66B+5.6% | $24.3B+7.8% | —— | —— | $22.41B— | |
| Total capital expenditures by Business | ||||||
| Gathering | $91.45M+26.8% | $104.51M+15.3% | $105M+31.9% | $86.08M+377% | $72.1M+416% | |
| Transmission | $11.11M-12.0% | $15.85M-25.7% | $13M+28.5% | $10.29M— | $12.63M— | |
| Upstream | $499.26M+22.1% | —— | —— | —— | $408.76M-18.4% | |
| Gain (Loss) on Disposition of Property Plant Equipment by Business | ||||||
| Gathering | $0— | $17K— | $12K— | $0-100% | $0+100% | |
| Transmission | $0+100% | $0— | $0+100% | -$302K— | -$47K— | |
| Upstream | $25K+114% | —— | —— | —— | -$184K-100% | |
| Production by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $115.18M+30.2% | —— | —— | —— | $88.44M-6.2% | |
| Exploration by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $430K-59.1% | —— | —— | —— | $1.05M+53.7% | |
| Depreciation, depletion and amortization by Business | ||||||
| Gathering | $55.82M+12.9% | $55.26M+24.9% | $53.64M+42.0% | $54.03M+686% | $49.42M+7,659% | |
| Transmission | $25M+7.7% | $28.97M+29.9% | $26.82M+56.7% | $22.73M— | $23.2M— | |
| Upstream | $567.71M+4.5% | —— | —— | —— | $543.49M+7.8% | |
| Transportation and processing by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $724.48M+5.2% | —— | —— | —— | $688.6M+5.1% | |
| Investments in unconsolidated entities by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $3.78B+8.0% | $3.51B-0.6% | $3.48B+3.7% | $3.5B— | $3.5B— | |
| Upstream | $0— | $0— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| Gathering | $0— | $0— | $0— | $0— | $0— | |
| Transmission | $1.23B-0.3% | $1.23B+1.2% | $1.23B-4.5% | $1.23B— | $1.24B— | |
| Upstream | $0— | $0— | —— | —— | $0— | |
| Operating and maintenance by Business | ||||||
| Gathering | $42.11M+16.0% | $45.57M+34.5% | $44.52M+45.0% | $40.6M+198% | $36.31M+211% | |
| Transmission | $12.76M+16.1% | $17.98M+68.2% | $15.78M+61.0% | $13.39M— | $10.99M— | |
| Upstream | $0— | —— | —— | —— | $0— | |
| Gain (Loss) On Expiration And Impairment Of Lease by Business | ||||||
| Gathering | $0— | -$811K— | $0— | $0— | $0— | |
| Transmission | $0— | $0— | $0— | $0— | $0— | |
| Upstream | -$3.82M-43.7% | —— | —— | —— | -$2.66M+89.1% | |
| Sales of natural gas, natural gas liquids and oil by Product | ||||||
| Natural gas | $3.25B+58.8% | $1.92B+33.6% | $1.51B+61.3% | $1.54B+111% | $2.05B+82.8% | |
| NGLs | $157.11M-9.6% | $162.14M-10.1% | $139.33M-0.3% | $145.1M+3.8% | $173.82M+11.3% | |
| Oil | $28.48M+35.9% | $26.29M-3.2% | $24.12M+14.1% | $16.19M-15.1% | $20.96M-19.9% | |
| Total revenues from contracts with customers | $3.61B+49.6% | $2.27B+26.1% | $1.82B+50.3% | $1.84B+106% | $2.42B+84.7% |
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.
