secwatch.observer — SEC 8-K summary
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Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000033213-23-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQT Q3 net income $81M ($0.20 EPS), down from $684M YoY on lower gas prices
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- Adjusted net income $126M ($0.30 adjusted EPS) vs $422M ($1.04) last year; revenue $1.19B.
- Total sales volume 523 Bcfe (up 7% YoY); avg realized price $2.28/Mcfe (down $1.13).
- Closed Tug Hill/XcL Midstream acquisition; integration ahead of schedule, 40% efficiency gains.
- Signed HOA for 1 MTPA LNG tolling with Commonwealth LNG; secured 1.2 Bcf/d firm sales on MVP.
- Increased base dividend 5% to $0.63 annualized; upgraded to investment grade by Moody's.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000003321323000038/0000033213-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000003321323000038/eqt-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000033213-23-000038

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