---
schema_version: "secwatch.filing_event.v1"
accession: "0000033213-23-000014"
form_type: "8-K"
ticker: "EQT"
cik: "0000033213"
company_name: "EQT Corp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:57:43.816209+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EQT Q1 net income $1.22B, adj EPS $1.70; extends share buyback to Dec 2024

## Summary
- Net income $1.22B ($3.10 diluted EPS); adjusted net income $669M ($1.70 adj EPS).
- Sales volumes 459 Bcfe, average realized price $4.11/Mcfe; free cash flow $774M.
- Board extended share repurchase program to Dec 31, 2024; repurchased ~6M shares for $200M in Q1.
- Pending Tug Hill/XcL Midstream acquisition for ~$2.6B cash + 55M shares; adds 90K net acres.
- FY 2023 guidance maintained: 1,900-2,000 Bcfe sales volume; capex $1.7-1.9B.

## SEC filing metadata
- accession: 0000033213-23-000014
- form_type: 8-K
- ticker: EQT
- cik: 0000033213
- company_name: EQT Corp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33213/000003321323000014/0000033213-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33213/000003321323000014/eqt-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000033213-23-000014
- JSON: https://secwatch.observer/filing/0000033213-23-000014.json
- Plain text: https://secwatch.observer/filing/0000033213-23-000014.txt

## Key facts
- Earnings Releases
  EQT Corp reported first quarter 2023 results: net income $ 1,219, EPS $ 3.10.
  - Period: first quarter 2023
  - Net income: $ 1,219
  - EPS: $ 3.10
  - Result: reported results
  source text: First Quarter 2023 Financial and Operational Performance Three Months Ended March 31, ($ millions, except average realized price and EPS) 2023 2022 Change Total sales volume (Bcfe) 459 492 (33) Average realized price ($/Mcfe) $ 4.11 $ 3.19 $ 0.92 Net income (loss) attributable to EQT Corporation $ 1,219 $ (1,516) $ 2,735 Adjusted net income attributable to EQT (a) $ 669 $ 334 $ 335 Diluted earnings (loss) per share $ 3.10 $ (4.05) $ 7.15
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000003321323000014/0000033213-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.