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EQT (EQT) Reports Q1 Earnings: What Key Metrics Have to Say
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EQT Corporation (EQT - Free Report) reported $3.14 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 45.7%. EPS of $2.33 for the same period compares to $1.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.13 billion, representing a surprise of +0.29%. The company delivered an EPS surprise of +4.48%, with the consensus EPS estimate being $2.23.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how EQT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Sales Price - Natural gas price: $3.76 compared to the $3.42 average estimate based on five analysts.
Average Sales Price - Oil price: $44.98 versus $45.41 estimated by five analysts on average.
Sales Volume - Total: 608,994.00 MMcfe versus 601,337.10 MMcfe estimated by four analysts on average.
NGLs, excluding ethane - NGLs price: $40.90 versus the four-analyst average estimate of $28.61.
Natural gas - Sales volume: 572,231.00 MMcf versus 563,644.60 MMcf estimated by four analysts on average.
Oil - Sales volume: 585.00 MBBL versus 462.98 MBBL estimated by four analysts on average.
Operating revenues- Pipeline and other: $170.04 million versus $147.4 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.
Operating revenues- Sales of natural gas, natural gas liquids and oil: $2.1 billion versus the three-analyst average estimate of $1.96 billion. The reported number represents a year-over-year change of +28.2%.
Revenues from contracts with customers- NGLs sales: $162.14 million versus the three-analyst average estimate of $141.22 million. The reported number represents a year-over-year change of -10.1%.
Total natural gas and liquids sales, including cash settled derivatives: $2.09 billion versus $1.92 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15% change.
Natural gas sales, including cash settled derivatives: $1.9 billion compared to the $1.74 billion average estimate based on two analysts.
Revenues from contracts with customers- Oil sales: $26.29 million versus the two-analyst average estimate of $21.26 million. The reported number represents a year-over-year change of -3.2%.
Shares of EQT have returned -11.9% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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EQT (EQT) Reports Q1 Earnings: What Key Metrics Have to Say
EQT Corporation (EQT - Free Report) reported $3.14 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 45.7%. EPS of $2.33 for the same period compares to $1.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.13 billion, representing a surprise of +0.29%. The company delivered an EPS surprise of +4.48%, with the consensus EPS estimate being $2.23.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how EQT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for EQT here>>>
Shares of EQT have returned -11.9% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.