secwatch / observer

EQT Corp — fact timeline

Source-grounded facts extracted from EQT Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

EQT EQT Corp JSON
Earnings Releases

EQT Corp reported first quarter 2026 results: net income $1,487, EPS $2.36. Guidance initiated.

“31, 2026 2025 Change (Millions, unless otherwise noted) Total sales volume (Bcfe) 618 571 47 Average realized price ($/Mcfe) $ 5.08 $ 3.77 $ 1.31 Net income attributable to EQT $ 1,487 $ 242 $ 1,245 Adjusted net income attributable to EQT (a) $ 1,465 $ 713 $ 752 Diluted income per share (EPS) $ 2.36 $ 0.40 $ 1.96 Adjusted EPS (a) $ 2.33 $ 1.18 $ 1.15 Net income”
Earnings Releases

EQT Corp reported preliminary financial results for the three months ended March 31, 2026.

“EQT Corporation (“EQT”) expects to report a total loss on derivatives of $238 million for the three months ended March 31, 2026.”
Governance Changes

EQT Corp: Removed director age limit of 74th birthday (effective 2025-10-16).

“The Amended and Restated Bylaws were amended to remove the provision that no director be permitted to serve in that capacity after the date of the annual meeting of shareholders next following his or her 74th birthday.”
Debt Financings

EQT Corp amended revolving credit with PNC Bank, National Association, as administrative agent maturing July 23, 2030.

“On June 30, 2025, EQT Corporation (“EQT”) obtained the consent of each of the lenders (the “Lenders”) party to its Revolving Credit Agreement (as defined below) to extend the stated maturity date of the commitments and loans thereunder (the “Stated Maturity Date”) from July 23, 2029 to July 23, 2030, effective as of July 23, 2025.”
Governance Changes

EQT Corp: Amendment to bylaws to provide for officer exculpation pursuant to Pennsylvania law (effective 2025-04-16).

“the Company’s shareholders approved a proposed amendment to the Company’s Amended and Restated Bylaws, as amended through July 18, 2024 (the “Bylaws”), to provide for exculpation of the Company’s officers pursuant to Section 1735 of the Pennsylvania Business Corporation Law.”
Debt Financings

EQT Corp incurred senior notes of $596,725,000 in aggregate principal amount of 6.375% Senior Notes due 2029 with The Bank of New York Mellon at 6.375% per annum maturing April 1, 2029.

“(v) Twenty-Second Supplemental Indenture - $596,725,000 in aggregate principal amount of 6.375% Senior Notes due 2029, which notes accrue interest a rate of 6.375% per annum”
Debt Financings

EQT Corp incurred senior notes of $734,583,000 aggregate principal amount of 4.50% Senior Notes due 2029 with The Bank of New York Mellon at 4.50% per annum maturing January 15, 2029.

“(iv) Twenty-First Supplemental Indenture - $734,583,000 aggregate principal amount of 4.50% Senior Notes due 2029, which notes accrue interest a rate of 4.50% per annum”
Debt Financings

EQT Corp incurred senior notes of $45,225,000 aggregate principal amount of 5.500% Senior Notes due 2028 with The Bank of New York Mellon at 5.500% per annum maturing July 15, 2028.

“(iii) Twentieth Supplemental Indenture - $45,225,000 aggregate principal amount of 5.500% Senior Notes due 2028, which notes accrue interest a rate of 5.500% per annum”
Debt Financings

EQT Corp incurred senior notes of $344,921,000 aggregate principal amount of 6.500% Senior Notes due 2027 with The Bank of New York Mellon at 6.500% per annum maturing July 1, 2027.

“(ii) Nineteenth Supplemental Indenture - $344,921,000 aggregate principal amount of 6.500% Senior Notes due 2027, which notes accrue interest a rate of 6.500% per annum”
Debt Financings

EQT Corp incurred senior notes of $495,925,000 aggregate principal amount of 7.500% Senior Notes due 2027 with The Bank of New York Mellon at 7.500% per annum maturing June 1, 2027.

“EQT and The Bank of New York Mellon, as trustee (the “Trustee”), entered into the supplemental indentures set forth below (collectively, the “EQT 2025 Supplemental Indentures”) to the Indenture”
Restructurings & Charges

EQT Corp announced a restructuring with charges of approximately $165 million to $185 million (approximately 15% reduction in the Company’s employee workforce).

“officers and certain other senior employees of Equitrans . The Plan is expected to be completed in 2025. The Plan is expected to result in total pre-tax charges of approximately $165 million to $185 million for employee-related costs, which include severance and other termination benefits and stock-based compensation, of which approximately $155 million to $170”
M&A Transactions

EQT Corp completed an acquisition involving Equitrans Midstream Corporation for 0.3504 of a share of EQT Common Stock per share of Equitrans Common Stock (closed 2024-07-22).

“QT Corporation (“EQT”) completed its previously announced acquisition of Equitrans Midstream Corporation (“Equitrans”) pursuant to the Agreement and Plan of Merger, dated as of March 10, 2024 (the “Merger Agreement”), by and among EQT,”

Robert F. Vagt was appointed as Director at EQT Corp.

“the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.”

Thomas F. Karam was appointed as Director at EQT Corp.

“the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.”

Vicky A. Bailey was appointed as Director at EQT Corp.

“the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.”
Earnings Releases

EQT Corp reported financial results for first quarter of 2024.

“Today, EQT Corporation ("EQT") issued a news release announcing its first quarter 2024 earnings.”
Shareholder Votes

EQT Corp shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2024-04-17 meeting.

“Proposal 3: Ratification of the Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by the shareholders, with votes as follows: Shares For Shares Against Shares Abstained Broker Non-Votes 382,337,373 21,702,347 450,097 0”
Shareholder Votes

EQT Corp shareholders approved Approval of a Non-Binding Resolution Regarding the Compensation of the Company’s Named Executive Officers for 2023 (Say-on-Pay) at the 2024-04-17 meeting.

“Proposal 2: Approval of a Non-Binding Resolution Regarding the Compensation of the Company’s Named Executive Officers for 2023 (Say-on-Pay) The shareholders approved a non-binding resolution regarding the compensation of the Company’s named executive officers for 2023, with votes as follows: Shares For Shares Against Shares Abstained Broker Non-Votes 367,914,241 7,651,605 847,903 28,076,068”
Shareholder Votes

EQT Corp shareholders approved Election of Directors at the 2024-04-17 meeting.

“Proposal 1: Election of Directors The shareholders elected each of the individuals set forth below to the Board of Directors of the Company (the “Board”) to serve a one-year term expiring at the Company’s 2025 annual meeting of shareholders: Shares For Shares Against Shares Abstained Broker Non-Votes Lydia I. Beebe 369,640,550 6,144,799 628,400 28,076,068”
Material Agreements

EQT Corp entered into Agreement and Plan of Merger with Equitrans Midstream Corporation (effective 2024-03-10).

“On March 10, 2024, EQT Corporation, a Pennsylvania corporation (“EQT”), Humpty Merger Sub Inc., a Delaware corporation and an indirect wholly owned subsidiary of EQT (“Merger Sub”), Humpty Merger Sub LLC, a Delaware limited liability company and an indirect wholly owned subsidiary of EQT (“LLC Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Equitrans Midstream Corporation, a Pennsylvania corporation (“Equitrans”).”
Earnings Releases

EQT Corp updated its the fourth quarter and full year 2023 guidance (initiated).

“Today, EQT Corporation ("EQT") issued a news release announcing its fourth quarter and year-end 2023 earnings. A copy of EQT’s news release is attached hereto and furnished as Exhibit 99.1”
Debt Financings

EQT Corp incurred senior notes of $750.0 million with J.P. Morgan Securities LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters at 5.750% per annum maturing February 1, 2034.

“Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule 1 thereto (the “Underwriters”), relating to the offer and sale (the “Offering”) of $750.0 million in aggregate principal amount of EQT’s 5.750% senior notes due 2034 (the “Notes”). The Underwriting Agreement contains customary representations and warranties, agreements and”
Material Agreements

EQT Corp entered into Seventeenth Supplemental Indenture with The Bank of New York Mellon valued at $750.0 million (effective 2024-01-19).

“EQT issued the Notes pursuant to an Indenture, dated as of March 18, 2008 (the “Base Indenture”), as supplemented by a Second Supplemental Indenture, dated as of June 30, 2008 (the “Second Supplemental Indenture”), and as further supplemented by a Seventeenth Supplemental Indenture, dated as of January 19, 2024 (the “Seventeenth Supplemental Indenture”), in each case between EQT (or its predecessor) and The Bank of New York Mellon, as trustee.”
Material Agreements

EQT Corp entered into Underwriting Agreement with J.P. Morgan Securities LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC valued at $750.0 million (effective 2024-01-17).

“On January 17, 2024, EQT Corporation (“EQT”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule 1 thereto (the “Underwriters”), relating to the offer and sale (the “Offering”) of $750.0 million in aggregate principal amount of EQT’s 5.750% senior notes due 2034 (the “Notes”).”
Material Agreements

EQT Corp amended Third Amendment to Credit Agreement with PNC Bank, National Association valued at extends maturity date from June 30, 2025 to June 30, 2026; requires prepayment so outstanding loans (effective 2024-01-16).

“On January 16, 2024, EQT Corporation (“EQT”) entered into a Third Amendment to Credit Agreement (the “Term Loan Amendment”) with PNC Bank, National Association (“PNC”), as administrative agent, and the other lenders party thereto.”
Governance Changes

EQT Corp: Amended bylaws to incorporate references to electronic shareholder meetings, update meeting presider, add universal proxy rule compliance, clarify special meeting notice, and make other changes (effective 2023-12-12).

“On and effective as of December 12, 2023, the Board of Directors (the “Board”) of EQT Corporation (the “Company”) approved and adopted certain amendments to the Company’s Amended and Restated Bylaws”
Earnings Releases

EQT Corp reported the third quarter of 2023 results: net income $ 81, EPS $ 0.20.

“EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2023.”
Material Agreements

EQT Corp amended Amendment with THQ Appalachia I, LLC, THQ-XcL Holdings I, LLC and their subsidiaries (Tug Hill Parties) (effective 2023-08-21).

“The A&R Purchase Agreement also contains other amendments to the Purchase Agreement that are related to such extension, including modifications to certain purchase price adjustments and interim period”
M&A Transactions

EQT Corp completed an acquisition involving THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC for 49,599,796 shares of EQT common stock and approximately $2.4 billion in cash (closed 2023-08-22).

“through the Buyer’s acquisition of all of the issued and outstanding membership interests of each of THQ Appalachia I Midco, LLC and THQ-XcL Holdings I Midco, LLC in exchange for 49,599,796 shares of EQT common stock (the “Stock Consideration”) and approximately $2.4 billion in cash, subject to customary post-closing adjustments. The events described in this Current”
Material Agreements

EQT Corp entered into Registration Rights Agreement with the Sellers and certain affiliates and transferees of the Sellers (the "RRA Holders") (effective 2023-08-22).

“On August 22, 2023, upon consummation of the Acquisition, pursuant to the terms of the Purchase Agreement, EQT, the Sellers and certain affiliates and transferees of the Sellers who received the Stock Consideration from the Sellers (together with their permitted assignees, the “RRA Holders”) entered into that certain Registration Rights Agreement, dated August 22, 2023 (the “Registration Rights Agreement”).”
Earnings Releases

EQT Corp reported second quarter of 2023 results: net income $ (67), EPS $ (0.18).

“Three Months Ended June 30, ($ millions, except average realized price and EPS) 2023 2022 Change Total sales volume (Bcfe) 471 502 (31) Average realized price ($/Mcfe) $ 2.11 $ 3.21 $ (1.10) Net (loss) income attributable to EQT Corporation $ (67) $ 891 $ (958) Adjusted net (loss) income attributable to EQT (a) $ (62) $ 340 $ (402) Diluted (loss) earnings per share (EPS) $ (0.18) $ 2.19 $ (2.37)”

David M. Khani departed as Chief Financial Officer at EQT Corp.

“On the Effective Date, Mr. Knop will succeed David M. Khani, who has been serving as the Company’s CFO during a previously announced period of transition and who will remain employed with the Company to provide certain transition services until July 31, 2023.”

Jeremy T. Knop was elected as Chief Financial Officer at EQT Corp.

“On July 19, 2023, the Board of Directors (the “Board”) of EQT Corporation (the “Company”) elected Jeremy T. Knop as Chief Financial Officer (“CFO”) of the Company, effective on July 24, 2023 (the “Effective Date”).”
Material Agreements

EQT Corp amended Sixteenth Supplemental Indenture with The Bank of New York Mellon, as trustee (effective 2023-05-10).

“EQT entered into a Sixteenth Supplemental Indenture, dated as of May 10, 2023 (the “Sixteenth Supplemental Indenture”), with the Trustee, which supplements the Indenture and extends the Outside Date for the special mandatory redemption provision applicable to the Notes to December 29, 2023.”
Material Agreements

EQT Corp amended Term Loan Credit Agreement Amendment with Lenders and Administrative Agent (PNC Bank, National Association) valued at Extended Commitment Termination Date to December 29, 2023 and set maturity two years after funding b (effective 2023-04-25).

“On April 25, 2023, EQT, the Lenders and the Administrative Agent entered into a second amendment to the Term Loan Credit Agreement (the “Term Loan Credit Agreement Amendment”) to (i) extend the Commitment Termination Date to December 29, 2023 to align with the Outside Date in the A&R Purchase Agreement and (ii) provide that the Term Loan Credit Agreement will mature two years after the funding date thereunder but no later than June 30, 2025.”
Earnings Releases

EQT Corp reported first quarter 2023 results: net income $ 1,219, EPS $ 3.10.

“First Quarter 2023 Financial and Operational Performance Three Months Ended March 31, ($ millions, except average realized price and EPS) 2023 2022 Change Total sales volume (Bcfe) 459 492 (33) Average realized price ($/Mcfe) $ 4.11 $ 3.19 $ 0.92 Net income (loss) attributable to EQT Corporation $ 1,219 $ (1,516) $ 2,735 Adjusted net income attributable to EQT (a) $ 669 $ 334 $ 335 Diluted earnings (loss) per share $ 3.10 $ (4.05) $ 7.15”
Shareholder Votes

EQT Corp shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2023-04-19 meeting.

“Proposal 4: Ratification of the Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified by the shareholders, with votes as follows: Shares For Shares Against Shares Abstained Broker Non-Votes 304,101,888 17,303,499 200,455 0”
Shareholder Votes

EQT Corp shareholders approved Advisory Vote on the Frequency of Advisory Votes on Named Executive Officer Compensation (Say-on-Frequency) at the 2023-04-19 meeting.

“Proposal 3: Advisory Vote on the Frequency of Advisory Votes on Named Executive Officer Compensation (Say-on-Frequency) The shareholders approved, on an advisory basis, the annual inclusion of say-on-pay proposals in the Company’s proxy statement, with votes as follows: Shares For 1 Year Shares For 2 Years Shares For 3 Years Shares Abstained Broker Non-Votes 285,688,517 194,180 2,934,156 269,793 32,519,196”
Shareholder Votes

EQT Corp shareholders approved Approval of a Non-Binding Resolution Regarding the Compensation of the Company’s Named Executive Officers for 2022 (Say-on-Pay) at the 2023-04-19 meeting.

“Proposal 2: Approval of a Non-Binding Resolution Regarding the Compensation of the Company’s Named Executive Officers for 2022 (Say-on-Pay) The shareholders approved a non-binding resolution regarding the compensation of the Company’s named executive officers for 2022, with votes as follows: Shares For Shares Against Shares Abstained Broker Non-Votes 284,905,120 3,594,314 587,212 32,519,196”
Shareholder Votes

EQT Corp shareholders approved Election of Directors at the 2023-04-19 meeting.

“Proposal 1: Election of Directors The shareholders elected each of the individuals set forth below to the Board of Directors of the Company (the “Board”) to serve a one-year term expiring at the Company’s 2024 annual meeting of shareholders: Shares For Shares Against Shares Abstained Broker Non-Votes Lydia I. Beebe 283,801,430 4,870,668 414,548 32,519,196 Lee M. Canaan 285,255,515 3,392,957 438,174 32,519,196 Janet L. Carrig 267,813,691 20,816,946 456,009 32,519,196 Frank C. Hu 287,415,920 1,231,699 439,027 32,519,196 Dr. Kathryn J. Jackson 279,201,041 9,243,376 642,229 32,519,196 John F. McCartney 278,044,835 10,632,596 409,215 32,519,196 James T. McManus II 285,834,168 2,848,160 404,318 32,519,196 Anita M. Powers 285,948,304 2,719,746 418,596 32,519,196 Daniel J. Rice IV 286,947,048 1,708,981 430,617 32,519,196 Toby Z. Rice 286,970,518 1,667,707 448,421 32,519,196 Hallie A. Vanderhider 265,093,959 23,581,381 411,306 32,519,196”
Earnings Releases

EQT Corp reported Three Months Ended December 31, 2022 results: net income Net income $ 1,714.

“Net income attributable to EQT $ 1,712 $ 1,805 $ (93)”

David Khani changed role as Chief Financial Officer at EQT Corp.

“it was determined that David Khani, the Chief Financial Officer of EQT Corporation (the “Company”), would transition from the Company and will cease to serve as Chief Financial Officer of the Company, effective on such future date as designated by the Company and communicated to Mr. Khani”
Earnings Releases

EQT Corp reported preliminary financial results for the year ended December 31, 2022.

“a total loss on derivatives for the year ended December 31, 2022 of $4,643 million”
Material Agreements

EQT Corp amended Amended and Restated Purchase Agreement with THQ Appalachia I, LLC, THQ-XcL Holdings I, LLC (effective 2022-12-23).

“on December 23, 2022 (the “A&R Execution Date”), the EQT Parties and the Tug Hill Parties entered into an Amended and Restated Purchase Agreement (the “A&R Purchase Agreement”), which amends and restates the Purchase Agreement in its entirety and, among other things, extends the Original Outside Date to December 29, 2023.”
Debt Financings

EQT Corp incurred term loan of up to $1,250,000,000 with PNC Bank, National Association, as Administrative Agent at Base Rate plus a margin ranging from 0 basis points to 125 basis points or Term maturing the earlier of (i) the two year anniversary of the Funding Date and (ii) the effective date of (x) if the Funding Date has not occurred, any termination or canc.

“(the “Lenders”) parties thereto. Under the Term Loan Credit Agreement, the Company may obtain unsecured term loans in a single draw in an aggregate principal amount up to $1,250,000,000. The Term Loan Credit Agreement matures at the earlier of (i) the two year anniversary of the Funding Date (as defined in the Term Loan Credit Agreement) and (ii) the effective”
Material Agreements

EQT Corp entered into Term Loan Credit Agreement with PNC Bank, National Association, as Administrative Agent, and the other lenders valued at aggregate principal amount up to $1,250,000,000 (effective 2022-11-09).

“On November 9, 2022, EQT Corporation (the “Company”) entered into a Credit Agreement, dated as of November 9, 2022 (the “Term Loan Credit Agreement”), among the Company, PNC Bank, National Association, as Administrative Agent (the “Administrative Agent”), and the other lenders (the “Lenders”) parties thereto. Under the Term Loan Credit Agreement, the Company may obtain unsecured term loans in a single draw in an aggregate principal amount up to $1,250,000,000.”

Frank C. Hu was appointed as Director at EQT Corp.

“appointed Frank C. Hu to serve as a director on the Board, both of which actions are effective as of October 19, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.