EQT Corp (NYSE: EQT) is a natural gas exploration and production company that extracts and sells natural gas, natural gas liquids, and oil primarily from Appalachian Basin reserves. Revenue is generated on a transactional basis through the sale of produced hydrocarbons at market prices, with realized prices shaped by hedging programs and pipeline access. The filing excerpts provided from the 10-K filed 2026-02-18 (accession 000003321326000018) do not contain sufficient operational detail to state segment revenue figures, production volumes, acreage positions, customer concentration, competitor names, leadership tenure, or capital structure specifics with the precision these rules require. All such details are omitted rather than inferred from outside knowledge. What the table of contents confirms is that EQT files as a well-known seasoned issuer, operates under a standard upstream E&P structure with disclosed risk factors, MD&A, and financial statements, and reports for the fiscal year ended as noted in the FY2025 annual report filed February 18, 2026.

Revenue model

Transactional sale of produced natural gas, natural gas liquids, and oil at market prices, with hedging programs used to manage price exposure. Details on segment revenue splits are not supported by the provided filing excerpts.

Products and services

Natural gas, natural gas liquids (NGLs), oil. Specific product volume or revenue breakdowns are not supported by the provided filing excerpts.

Customers and end markets

End markets include natural gas consumers accessed through pipeline and midstream infrastructure. Customer concentration data is not supported by the provided filing excerpts.

Value-chain role

Upstream exploration and production. Extracts hydrocarbons from subsurface reserves and sells into midstream and downstream channels.

Geographic exposure

Appalachian Basin, as indicated by the standard EQT business description context, but specific state-level or acreage data is not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-18

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