Discontinued — last reported Q4 '25
EQT Corporation Exploration expenses 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 expenses shows a downward trend with a -38.0% CAGR.
Higher spending indicates aggressive growth efforts, while lower spending may signal a focus on capital preservation or mature asset management.
Exploration expenses include the costs associated with geological and geophysical surveys, as well as the write-offs of...
Specific to upstream energy companies; peers are compared based on exploration success rates and reserve replacement ratios.
xom_exploration_expenses| 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% |
| 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.