secwatch.observer — SEC 8-K summary
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Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000033213-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQT Q4 2024 net income $418M; free cash flow $588M; 2025 production guidance raised 125 Bcfe
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- Q4 2024 sales volume 605 Bcfe at high-end of guidance; capex $583M, 7% below low-end.
- Net income attributable to EQT $418M, adjusted EPS $0.69; full-year adjusted EPS $1.61.
- Closed non-operated asset sale and midstream JV, net proceeds ~$4.7B; exited with net debt $9.1B.
- Initiated 2025 production guidance 2,175-2,275 Bcfe, up 125 Bcfe; maintenance capex $1.95B-$2.12B.
- Planning to drop to 2 frac crews by end of Q1 2025; free cash flow breakeven <$0.90/MMBtu.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000003321325000008/0000033213-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000003321325000008/eqt-20250218.htm
  HTML page:      https://secwatch.observer/filing/0000033213-25-000008

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