---
schema_version: "secwatch.filing_event.v1"
accession: "0000033213-24-000018"
form_type: "8-K"
ticker: "EQT"
cik: "0000033213"
company_name: "EQT Corp"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:38:50.784014+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EQT Q1 net income $103M vs $1.2B YoY; adj. EPS $0.82; free cash flow $402M

## Summary
- Net income $103M ($0.23 EPS); adjusted net income $365M ($0.82 adj. EPS); prior year $1.2B net income.
- Sales volume 534 Bcfe (+16% YoY), avg realized price $3.22/Mcfe (down from $4.11/Mcfe).
- Free cash flow $402M; total debt reduced to $5.5B, net debt $4.9B; cash on balance sheet $650M.
- Agreed to sell 40% non-operated PA assets to Equinor for >$1.1B; Equitrans acquisition pending with MVP in-service filing.
- Updated 2024 sales volume guidance to 2,100-2,200 Bcfe; maintenance capex reaffirmed $1.95-2.05B.

## SEC filing metadata
- accession: 0000033213-24-000018
- form_type: 8-K
- ticker: EQT
- cik: 0000033213
- company_name: EQT Corp
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33213/000003321324000018/0000033213-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33213/000003321324000018/eqt-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000033213-24-000018
- JSON: https://secwatch.observer/filing/0000033213-24-000018.json
- Plain text: https://secwatch.observer/filing/0000033213-24-000018.txt

## Key facts
- Earnings Releases
  EQT Corp reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: Today, EQT Corporation ("EQT") issued a news release announcing its first quarter 2024 earnings.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000003321324000018/0000033213-24-000018-index.htm

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