EQT Corporation
EQT Corporation is a leading American energy company primarily focused on hydrocarbon exploration and pipeline transport, with a significant emphasis on natural gas production. Headquartered in Pittsburgh, Pennsylvania, the company's mission is to deliver affordable, reliable, and cleaner energy to the world, aiming to provide global energy security and lower emissions.
The company's core products include natural gas, natural gas liquids (NGLs), and a modest volume of crude oil, primarily extracted from the Marcellus and Utica Shales within the Appalachian Basin across Pennsylvania, West Virginia, and Ohio. EQT sells its production to a diverse customer base, including utilities, industrial end-users, marketers, and LNG exporters. The company also provides energy marketing and trading services, alongside contractual pipeline capacity management, and has recently re-integrated midstream infrastructure to operate as a vertically integrated natural gas company.
Led by President and CEO Toby Rice, EQT Corporation has recently completed the acquisition of Equitrans Midstream in July 2024, further solidifying its position as a vertically integrated natural gas producer. The company achieved Net Zero Scope 1 and Scope 2 greenhouse gas emissions ahead of its 2025 target and announced a $3.5 billion midstream joint venture with Blackstone Credit & Insurance in November 2024. EQT is recognized as the largest natural gas producer in the Appalachian Basin and is strategically positioned to meet growing demand from LNG exports and AI-driven data centers.
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