EQT Corporation

EQT Corporation stands as America's premier natural gas production company and the largest natural gas producer in the Appalachian Basin. With 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, EQT represents 6% of the country's natural gas output. Remarkably, if EQT were a country, it would be the 12th largest natural gas producer in the world. The company's operations are predominantly focused in Northeastern Pennsylvania, Ohio, Southwestern Pennsylvania, and West Virginia, utilizing advanced horizontal drilling and hydraulic fracturing techniques to extract natural gas from the Marcellus Shale and other key formations.

In July 2024, EQT completed a transformative acquisition of Equitrans Midstream Corporation, creating America's only large-scale, vertically integrated natural gas business. This strategic move added more than 2,000 miles of pipeline infrastructure with extensive overlap and connectivity in EQT's core area of operations, significantly enhancing the company's ability to transport natural gas to key markets in the Gulf Coast, Midwest, and Northeast United States, and in Canada. As of December 31, 2024, 68.5% of EQT's sales volume was sold outside Appalachia, demonstrating the company's broad market reach.

With 1,461 employees as of December 31, 2024, EQT generated approximately $5.3 billion in total operating revenues in 2024. The company has positioned itself as a leader in responsible energy production, achieving the distinction of becoming the world's first large-scale traditional energy company to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions. EQT's Production segment Scope 1 methane emissions intensity of 0.0070% significantly surpasses its 2025 target of 0.02%, while the company increased the percentage of produced water recycled from 81% in 2019 to 96% in 2024.

Under the leadership of CEO Toby Rice, who took the helm in July 2019, EQT has pursued an aggressive growth strategy through strategic acquisitions and operational excellence. The company's modern, innovative, and inclusive work environment has earned it recognition as a National Top Workplace for four consecutive years through 2024. EQT's mission to deliver affordable, reliable, cleaner energy to the world drives its commitment to responsibly developing its world-class asset base and being the operator of choice for all stakeholders.

Headquartered in EQT Plaza in Pittsburgh, Pennsylvania, the company has evolved from its 1888 founding as Equitable Gas Company into a natural gas powerhouse that plays a critical role in America's energy landscape and global energy security.