EQT Q3 2025 net income $336M ($0.53 EPS); record low costs, free cash flow $484M

EQT Corp

2025-Q3 EPS reported $2.23 revenue$6,256,140,000

Sales volume 634 Bcfe (top of guidance); per-unit operating costs $1.00/Mcfe (record low, 7% below midpoint).
Adjusted EBITDA attributable to EQT $1,200M vs $824M YoY; free cash flow $484M vs -$125M YoY.
Olympus assets operationally integrated in 34 days; drilled deep Utica wells 30% faster, saving $2M/well.
Dividend increased 5% to $0.66/share annualized; MVP Boost upsized 20% to 600 MDth/d.
Signed LNG offtake agreements totaling 4.5 Mtpa with Sempra, NextDecade, Commonwealth LNG (2020-2031).

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