secwatch.observer — SEC 8-K summary
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Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0000033213-25-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000003321325000047/0000033213-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000003321325000047/eqt-20251021.htm
  HTML page:      https://secwatch.observer/filing/0000033213-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer