EQT Corporation ($EQT) reported second-quarter 2026 revenue of $1.8 billion, essentially in line with Wall Street expectations and down 29.2% from a year earlier. Gross profit came in at $1.3 billion, while operating profit fell sharply to $394.0 million.
Profitability weakened further lower down the income statement. Net income attributable to common shareholders was $211.4 million, and diluted earnings per share was $0.34, both down more than 70% from the prior year. The company also generated $1.0 billion in cash from operating activities.
On the balance sheet, EQT ended the quarter with $112.9 million in cash and cash equivalents and $12.5 billion in total liabilities. Capital spending on property, plant and equipment totaled $650.2 million, reflecting continued investment in the business.
- Revenue: $1.8 billion
- Net income: $211.4 million
- Diluted EPS: $0.34
- Operating cash flow: $1.0 billion
The stock rose 1.37% after the close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
EQT Corporation Insider Trading Activity
EQT Corporation insiders have traded $EQT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $EQT stock by insiders over the last 6 months:
- TOBY Z. RICE (PRESIDENT & CEO) has made 0 purchases and 3 sales selling 98,714 shares for an estimated $5,356,619.
- SARAH FENTON (EVP UPSTREAM) has made 0 purchases and 2 sales selling 8,644 shares for an estimated $541,927.
- J.E.B. BOLEN (EVP OPERATIONS) sold 7,634 shares for an estimated $491,247
- VICKY A BAILEY sold 4,116 shares for an estimated $246,136
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
EQT Corporation Hedge Fund Activity
We have seen 546 institutional investors add shares of EQT Corporation stock to their portfolio, and 484 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS removed 14,813,012 shares (-81.1%) from their portfolio in Q1 2026, for an estimated $942,700,083
- CAPITAL RESEARCH GLOBAL INVESTORS removed 12,521,749 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $796,884,106
- WELLINGTON MANAGEMENT GROUP LLP removed 10,577,220 shares (-39.9%) from their portfolio in Q1 2026, for an estimated $673,134,280
- ORBIS ALLAN GRAY LTD added 8,633,628 shares (+248.2%) to their portfolio in Q1 2026, for an estimated $549,444,085
- BLACKROCK, INC. added 7,555,369 shares (+14.1%) to their portfolio in Q1 2026, for an estimated $480,823,683
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 6,512,043 shares (+134.7%) to their portfolio in Q1 2026, for an estimated $414,426,416
- PRICE T ROWE ASSOCIATES INC /MD/ added 5,228,515 shares (+70.8%) to their portfolio in Q1 2026, for an estimated $332,742,694
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
EQT Corporation Congressional Stock Trading
Members of Congress have traded $EQT stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $EQT stock by members of Congress over the last 6 months:
- REPRESENTATIVE THOMAS H. KEAN, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 06/01 and 0 sales.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 02/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
EQT Corporation Price Targets
Multiple analysts have issued price targets for $EQT recently. We have seen 15 analysts offer price targets for $EQT in the last 6 months, with a median target of $70.0.
Here are some recent targets:
- Josh Silverstein from UBS set a target price of $73.0 on 07/08/2026
- Lloyd Byrne from Jefferies set a target price of $75.0 on 07/02/2026
- Sergey Pigarev from Freedom Broker set a target price of $79.0 on 06/30/2026
- Devin McDermott from Morgan Stanley set a target price of $68.0 on 06/29/2026
- Gabe Daoud from Truist Securities set a target price of $65.0 on 06/24/2026
- Scott Gruber from Citigroup set a target price of $70.0 on 05/05/2026
- Sam Margolin from Wells Fargo set a target price of $79.0 on 04/23/2026
