EQT Q2 net income $784M, EPS $1.30; raises 2025 production guidance by 100 Bcfe

EQT Corp

2025-Q2 EPS reported $1.70 revenue$4,297,569,000

Sales volume 568 Bcfe at high-end of guidance; capital expenditure $554M, 15% below guidance mid-point.
Adjusted EPS $0.45 vs -$0.08 YoY; net cash from operations $1,242M; free cash flow $240M after $134M class action settlement.
Net debt $7.8B, down ~$1.4B from year-end 2024; total debt $8.3B.
2025 production guidance increased to 2,300-2,400 Bcfe; per-unit operating cost lowered $0.06/Mcfe; capex unchanged.
Closed Olympus Energy acquisition on July 1, 2025; integration starting with majority ops in 30 days.

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