EQT Corp. (NYSE: EQT) reported Q2 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $2.56 billion versus the consensus estimate of $1.76 billion.

2025 Outlook
The Company now expects total sales volume of 2,300 – 2,400 Bcfe in 2025, an increase of 100 Bcfe from its prior guidance. The Company is reducing its projected full-year 2025 per unit operating costs by 6 cents per Mcfe attributable to benefits from the Olympus Acquisition and upstream LOE outperformance. The Company reaffirms its total capital expenditures guidance of $2,300 – $2,450 million as efficiency gains offset activity adds related to the Olympus Acquisition. During 2025, the Company plans to turn-in-line (TIL) 95 – 120 net wells, including 24 – 36 net wells in the third quarter of 2025. Total sales volume in the third quarter of 2025 is expected to be 590 – 640 Bcfe.

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