EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

EQT Corporation

The S&P 500 Index ($SPX) (SPY) on Monday closed down by -0.01%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.01%. September E-mini S&P futures (ESU25) fell -0.03%, and September E-mini Nasdaq futures (NQU25) fell -0.02%.
Stock indexes on Monday settled little changed, pressured by higher bond yields. Last Thursday’s bearish July PPI reported dampened speculation that the Fed could cut interest rates as soon as next month’s FOMC meeting. The 10-year T-note yield rose to a 2-week high Monday at 4.35% and finished up +2 bp to 4.34%.
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Stocks were also weighed down by uncertainty regarding Monday’s meeting between European leaders and Ukrainian President Zelenskiy with President Trump in Washington to discuss potential terms to end the Russian-Ukrainian war. The outcome could have macroeconomic implications regarding tariffs and oil prices, and could, of course, have significant consequences for European security. In addition, concerns about how consumers are holding up in the early days of President Trump’s tariffs also weighed on stocks ahead of earnings results this week from some of the biggest US retailers, including Walmart, Target, and Home Depot.
Monday’s US economic news was negative for stocks after the Aug NAHB housing market index unexpectedly fell -1 to 32, weaker than expectations of an increase to 34.
The focus of the markets this week will be on any new tariff news and signs of progress toward a Ukraine peace deal, with Ukrainian President Zelenskiy and European leaders meeting President Trump in Washington on Monday. On Tuesday, Jul housing starts are expected to fall -1.6% m/m to 1.300 million, and Jul building permits are expected to fall -0.4% m/m to 1.388 million. On Wednesday, the minutes of the July 29-30 FOMC meeting will be released. On Thursday, weekly initial unemployment claims are expected to climb by +1,000 to 225,000 and the Aug Philadelphia Fed business outlook survey is expected to fall to 6.7 from 15.9 in July. Also, the Aug S&P manufacturing PMI is expected to remain unchanged at 49.8. In addition, Jul existing home sales are expected to fall -0.3% m/m to 3.92 million. On Friday, Fed Chair Powell speaks on the economic outlook at the Federal Reserve’s annual symposium at Jackson Hole, Wyoming.
Regarding tariffs, President Trump said last Friday, “I’ll be setting tariffs next week and the week after on steel and on, I would say chips – chips and semiconductors, we’ll be setting sometime next week, week after.” Mr. Trump last week said he planned a 100% tariff on semiconductors but would exempt companies that move chip manufacturing to the US. Mr. Trump also mentioned 200% or 300% tariffs on chips.
In other recent tariff news, Mr. Trump last Tuesday extended the tariff truce with China for another 90 days until November. On August 6, Mr. Trump announced that he will double tariffs on US imports from India to 50% from the current 25% tariff, due to India’s purchases of Russian oil. On August 5, Mr. Trump said that US tariffs on pharmaceutical imports would be announced “within the next week or so.” According to Bloomberg Economics, the average US tariff will rise to 15.2% if rates are implemented as announced, up from 13.3% earlier, and significantly higher than the 2.3% in 2024 before the tariffs were announced.
Federal funds futures prices are discounting the chances for a -25 bp rate cut at 84% at the September 16-17 FOMC meeting, down from 93% last Thursday. The markets are discounting the chances at 51% for a second -25 bp rate cut at the following meeting on October 28-29.
Earnings reports indicate that S&P 500 earnings for Q2 are on track to rise +9.1% y/y, much better than the pre-season expectations of +2.8% y/y and the most in four years, according to Bloomberg Intelligence. With over 92% of S&P 500 firms having reported Q2 earnings, about 82% of companies exceeded profit estimates.
Overseas stock markets on Monday settled mixed. The Euro Stoxx 50 closed down -0.26%. China’s Shanghai Composite rallied to a 10-year high and closed up +0.85%. Japan’s Nikkei Stock 225 rallied to a new record high and closed up +0.77%.
Interest Rates
September 10-year T-notes (ZNU25) Monday closed down -2.5 ticks, and the 10-year T-note yield rose +2.0 bp to 4.336%. Sep T-notes fell to a 2-week low on Monday, and the 10-year T-note yield rose to a 2-week high of 4.351%. T-notes are under pressure on concern that last week’s bearish US July CPI and PPI reports could keep the Fed from cutting interest rates at next month’s FOMC meeting.
Losses in T-notes were limited after Monday’s news showed the Aug NAHB housing market index unexpectedly declined. T-notes are also supported by an increase in safe-haven demand after there was no breakthrough in the Trump-Putin summit last Friday to end the war in Ukraine.
European government bond yields on Monday were mixed. The 10-year German bund yield fell -2.5 bp to 2.763%. The 10-year UK gilt yield rose to a 2.5-month high of 4.748% and finished up by +4.2 bp to 4.738%.
Swaps are discounting the chances at 5% for a -25 bp rate cut by the ECB at the September 11 policy meeting.
US Stock Movers
Natural gas producing stocks retreated Monday after Roth Capital Partners downgraded the sector on concerns that oversupply will keep prices depressed. EQT Corp (EQT) closed down more than -4% to lead losers in the S&P 500. Also, Comstock Resources (CRK) closed down more than -6%, and Antero Resources (AR) closed down more than -5%. In addition, Corterra Energy (CTRA) and Range Resources (RRC) closed down more than -3%, and Expand Energy (EXE) closed down more than -2%.
Intel (INTC) closed down more than -3% to lead losers in the Nasdaq 100 after Bloomberg reported that the Trump administration is in discussions to take a 10% stake in the company, a move that would make the US government the company’s largest shareholder.
Meta Platforms (META) closed down more than -2% after the Information newsletter reported that the company is planning the fourth restructuring of its AI organization in the last six months.
Northern Oil & Gas (NOG) closed down more than -2% after Morgan Stanley downgraded the stock to underweight from equal weight.
Paramount Skydance (PSKY) closed down more than -1% after Walleye Capital LLC reported a net short position in the stock of 5.43 million shares, or 0.51% of the total shares as of last Friday.
Dayforce (DAY) closed up more than +25% to lead gainers in the S&P 500 after Bloomberg reported that Thoma Bravo is in talks to acquire the company.
Duolingo (DUOL) closed up more than +12% after Citigroup initiated coverage on the stock with a recommendation of buy and a price target of $400.
EPAM Systems (EPAM) closed up more than +4% after TD Cowen upgraded the stock to buy from hold with a price target of $205.
CVS Health (CVS) closed up more than +2% after UBS upgraded the stock to buy from neutral with a price target of $79.
UnitedHealth Group (UNH) closed up more than +1% to lead gainers in the Dow Jones industrials, adding to last Friday’s +11% rally, after a 13F filing showed that Warren Buffett’s Berkshire Hathaway and other investors bought shares in the company during Q2.
Earnings Reports(8/19/2025)
Amer Sports Inc (AS), Home Depot Inc/The (HD), Jack Henry & Associates Inc (JKHY), James Hardie Industries PLC (JHX), Keysight Technologies Inc (KEYS), Medtronic PLC (MDT), Toll Brothers Inc (TOL), Viking Holdings Ltd (VIK).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Little Changed as Bond Yields Climb

The S&P 500 Index ($SPX) (SPY) today is down by -0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.09%. September E-mini S&P futures (ESU25) are down -0.04%, and September E-mini Nasdaq futures (NQU25) are down -0.12%.
Stocks are mixed today on geopolitical concerns as European leaders are set to meet with President Trump in Washington today to discuss potential terms to end the Russian-Ukrainian war. The outcome could have macroeconomic implications regarding tariffs and oil prices, and could, of course, have significant consequences for European security. Also, concerns about how consumers are holding up in the early days of President Trump's tariffs are limiting gains in stocks ahead of earnings results this week from some of the biggest US retailers, including Walmart, Target, and Home Depot.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Today's US economic news was negative for stocks after the Aug NAHB housing market index unexpectedly fell -1 to 32, weaker than expectations of an increase to 34.
The focus of the markets this week will be on any new tariff news and signs of progress toward a Ukraine peace deal, with Ukrainian President Zelenskiy and European leaders set to meet President Trump in Washington later today. On Tuesday, Jul housing starts are expected to fall -1.6% m/m to 1.300 million, and Jul building permits are expected to fall -0.4% m/m to 1.388 million. On Wednesday, the minutes of the July 29-30 FOMC meeting will be released. On Thursday, weekly initial unemployment claims are expected to climb by +1,000 to 225,000 and the Aug Philadelphia Fed business outlook survey is expected to fall to 6.7 from 15.9 in July. Also, the Aug S&P manufacturing PMI is expected to remain unchanged at 49.8. In addition, Jul existing home sales are expected to fall -0.3% m/m to 3.92 million. On Friday, Fed Chair Powell speaks on the economic outlook at the Federal Reserve's annual symposium at Jackson Hole, Wyoming.
Regarding tariffs, President Trump said last Friday, "I'll be setting tariffs next week and the week after on steel and on, I would say chips – chips and semiconductors, we'll be setting sometime next week, week after." Mr. Trump last week said he planned a 100% tariff on semiconductors but would exempt companies that move chip manufacturing to the US. Mr. Trump also mentioned 200% or 300% tariffs on chips.
In other recent tariff news, Mr. Trump last Tuesday extended the tariff truce with China for another 90 days until November. On August 6, Mr. Trump announced that he will double tariffs on US imports from India to 50% from the current 25% tariff, due to India's purchases of Russian oil. On August 5, Mr. Trump said that US tariffs on pharmaceutical imports would be announced "within the next week or so." According to Bloomberg Economics, the average US tariff will rise to 15.2% if rates are implemented as announced, up from 13.3% earlier, and significantly higher than the 2.3% in 2024 before the tariffs were announced.
Federal funds futures prices are discounting the chances for a -25 bp rate cut at 84% at the September 16-17 FOMC meeting, down from 93% last Thursday. The markets are discounting the chances at 51% for a second -25 bp rate cut at the following meeting on October 28-29.
Earnings reports indicate that S&P 500 earnings for Q2 are on track to rise +9.1% y/y, much better than the pre-season expectations of +2.8% y/y and the most in four years, according to Bloomberg Intelligence. With over 92% of S&P 500 firms having reported Q2 earnings, about 82% of companies exceeded profit estimates.
Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.44%. China's Shanghai Composite rallied to a 10-year high and closed up +0.85%. Japan's Nikkei Stock 225 rallied to a new record high and closed up +0.77%.
Interest Rates
September 10-year T-notes (ZNU25) today are down -2 ticks, and the 10-year T-note yield is up +1.2 bp to 4.328%. T-note prices are slightly lower on concern that last week's bearish US July CPI and PPI reports could keep the Fed from cutting interest rates at next month's FOMC meeting.
Losses in T-notes are limited after today's news showed the Aug NAHB housing market index unexpectedly declined. T-notes are also supported by an increase in safe-haven demand after there was no breakthrough in the Trump-Putin summit last Friday to end the war in Ukraine.
European government bond yields today are mixed. The 10-year German bund yield is down -1.3 bp to 2.776%. The 10-year UK gilt yield rose to a 2.5-month high of 4.743% and is up by +4.3 bp to 4.739%.
Swaps are discounting the chances at 5% for a -25 bp rate cut by the ECB at the September 11 policy meeting.
US Stock Movers
Natural gas producing stocks are falling today after Roth Capital Partners downgraded the sector on concerns that oversupply will keep prices depressed. EQT Corp (EQT) is down more than -5% to lead losers in the S&P 500. Also, Comstock Resources (CRK) is down more than -6%, and Antero Resources (AR) is down more than -5%. In addition, Corterra Energy (CTRA) and Range Resources (RRC) are down more than -3%, and Expand Energy (EXE) is down more than -1%.
Northern Oil & Gas (NOG) is down more than -2% after Morgan Stanley downgraded the stock to underweight from equal weight.
Paramount Skydance (PSKY) is down more than -2% after Walleye Capital LLC reported a net short position in the stock of 5.43 million shares, or 0.51% of the total shares as of last Friday.
Madrigal Pharmaceuticals (MDGL) is down more than -1% after a drug from rival Novo Nordisk A/S received FDA approval to treat a form of liver disease that Madrigal is also developing.
Dayforce (DAY) is up more than +26% to lead gainers in the S&P 500 after Bloomberg reported that Thoma Bravo is in talks to acquire the company.
Duolingo (DUOL) is up more than +9% after Citigroup initiated coverage on the stock with a recommendation of buy and a price target of $400.
EPAM Systems (EPAM) is up more than +4% after TD Cowen upgraded the stock to buy from hold with a price target of $205.
UnitedHealth Group (UNH) is up more than +3% to lead gainers in the Dow Jones industrials, adding to last Friday's +11% rally, after a 13F filing showed that Warren Buffett's Berkshire Hathaway and other investors bought shares in the company during Q2.
CVS Health (CVS) is up more than +3% after UBS upgraded the stock to buy from neutral with a price target of $79.
Earnings Reports (8/18/2025)
Palo Alto Networks Inc (PANW), XP Inc (XP).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Mixed Before Trump-Zelenskiy Meeting and Retailer Earnings

The S&P 500 Index ($SPX) (SPY) today is down by -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.17%. September E-mini S&P futures (ESU25) are down -0.06%, and September E-mini Nasdaq futures (NQU25) are down -0.12%.
Stocks are modestly lower today on geopolitical concerns as European leaders are set to meet with President Trump in Washington today to discuss potential terms to end the Russian-Ukrainian war. The outcome could have macroeconomic implications regarding tariffs and oil prices, and could, of course, have significant consequences for European security. Also, concerns about how consumers are holding up in the early days of President Trump's tariffs are weighing on stocks ahead of earnings results this week from some of the biggest US retailers, including Walmart, Target, and Home Depot.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
The focus of the markets this week will be on any new tariff news and signs of progress toward a Ukraine peace deal, with Ukrainian President Zelenskiy and European leaders set to meet President Trump in Washington later today. Also, later today, the Aug NAHB housing market index is expected to climb by +1 to 34. On Tuesday, Jul housing starts are expected to fall -1.6% m/m to 1.300 million, and Jul building permits are expected to fall -0.4% m/m to 1.388 million. On Wednesday, the minutes of the July 29-30 FOMC meeting will be released. On Thursday, weekly initial unemployment claims are expected to climb by +1,000 to 225,000 and the Aug Philadelphia Fed business outlook survey is expected to fall to 6.7 from 15.9 in July. Also, the Aug S&P manufacturing PMI is expected to remain unchanged at 49.8. In addition, Jul existing home sales are expected to fall -0.3% m/m to 3.92 million. On Friday, Fed Chair Powell speaks on the economic outlook at the Federal Reserve's annual symposium at Jackson Hole, Wyoming.
Regarding tariffs, President Trump said last Friday, "I'll be setting tariffs next week and the week after on steel and on, I would say chips – chips and semiconductors, we'll be setting sometime next week, week after." Mr. Trump last week said he planned a 100% tariff on semiconductors but would exempt companies that move chip manufacturing to the US. Mr. Trump also mentioned 200% or 300% tariffs on chips.
In other recent tariff news, Mr. Trump last Tuesday extended the tariff truce with China for another 90 days until November. On August 6, Mr. Trump announced that he will double tariffs on US imports from India to 50% from the current 25% tariff, due to India's purchases of Russian oil. On August 5, Mr. Trump said that US tariffs on pharmaceutical imports would be announced "within the next week or so." According to Bloomberg Economics, the average US tariff will rise to 15.2% if rates are implemented as announced, up from 13.3% earlier, and significantly higher than the 2.3% in 2024 before the tariffs were announced.
Federal funds futures prices are discounting the chances for a -25 bp rate cut at 84% at the September 16-17 FOMC meeting, down from 93% last Thursday. The markets are discounting the chances at 55% for a second -25 bp rate cut at the following meeting on October 28-29.
Earnings reports indicate that S&P 500 earnings for Q2 are on track to rise +9.1% y/y, much better than the pre-season expectations of +2.8% y/y and the most in four years, according to Bloomberg Intelligence. With over 92% of S&P 500 firms having reported Q2 earnings, about 82% of companies exceeded profit estimates.
Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.49%. China's Shanghai Composite rallied to a 10-year high and closed up +0.85%. Japan's Nikkei Stock 225 rallied to a new record high and closed up +0.77%.
Interest Rates
September 10-year T-notes (ZNU25) today are up +2 ticks, and the 10-year T-note yield is down -0.4 bp to 4.312%. T-note prices are moving slightly higher today as weakness in stocks has boosted safe-haven demand for government debt securities. Strength in European government bonds today is also providing carryover support to T-notes. Gains in T-notes are limited due to concern that last week's bearish US July CPI and PPI reports could keep the Fed from cutting interest rates at next month's FOMC meeting.
European government bond yields today are moving lower. The 10-year German bund yield is down -2.5 bp to 2.763%. The 10-year UK gilt yield is down by -0.3 bp to 4.693%.
Swaps are discounting the chances at 5% for a -25 bp rate cut by the ECB at the September 11 policy meeting.
US Stock Movers
Natural gas producing stocks are falling today after Roth Capital Partners downgraded the sector on concerns that oversupply will keep prices depressed. EQT Corp (EQT) is down more than -5% to lead losers in the S&P 500. Also, Comstock Resources (CRK) is down more than -5%, and Antero Resources (AR) is down more than -4%. In addition, Expand Energy (EXE) and Range Resources (RRC) are down more than -3%.
Cryptocurrency-exposed stocks are under pressure today with the price of Bitcoin (^BTCUSD) down more than -1% to a 1-week low. As a result, Coinbase Global (COIN), MicroStrategy (MSTR), MARA Holdings (MARA), and Riot Platforms (RIOT) are down more than -1%.
Madrigal Pharmaceuticals (MDGL) is down more than -3% after a drug from rival Novo Nordisk A/S received FDA approval to treat a form of liver disease that Madrigal is also developing.
Northern Oil & Gas (NOG) is down more than -3% after Morgan Stanley downgraded the stock to underweight from equal weight.
Dayforce (DAY) is up more than +25% to lead gainers in the S&P 500 after Bloomberg reported that Thoma Bravo is in talks to acquire the company.
Duolingo (DUOL) is up more than +7% after Citigroup initiated coverage on the stock with a recommendation of buy and a price target of $400.
EPAM Systems (EPAM) is up more than +3% after TD Cowen upgraded the stock to buy from hold with a price target of $205.
UnitedHealth Group (UNH) is up more than +2% to lead gainers in the Dow Jones industrials, adding to last Friday's +11% rally, after a 13F filing showed that Warren Buffett's Berkshire Hathaway and other investors bought shares in the company during Q2.
CVS Health (CVS) is up more than +2% after UBS upgraded the stock to buy from neutral with a price target of $79.
Earnings Reports (8/18/2025)
Palo Alto Networks Inc (PANW), XP Inc (XP).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Slightly Lower on Concern Over Progress to End Russian-Ukrainian War

In early trading on Monday, shares of Dayforce topped the list of the day's best performing components of the S&P 500 index, trading up 25.1%. Year to date, Dayforce has lost about 8.9% of its value.
And the worst performing S&P 500 component thus far on the day is EQT, trading down 5.3%. EQT is showing a gain of 8.5% looking at the year to date performance.
Two other components making moves today are Intel, trading down 4.4%, and First Solar, trading up 6.9% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

S&P 500 Movers: EQT, DAY

Looking at the sectors faring best as of midday Friday, shares of Healthcare companies are outperforming other sectors, up 0.8%. Within the sector, Centene Corp (Symbol: CNC) and Moderna Inc (Symbol: MRNA) are two large stocks leading the way, showing a gain of 5.9% and 5.9%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 1.9% on the day, and up 0.05% year-to-date. Centene Corp, meanwhile, is down 52.94% year-to-date, and Moderna Inc, is down 32.01% year-to-date. Combined, CNC and MRNA make up approximately 0.5% of the underlying holdings of XLV.
The next best performing sector is the Energy sector, higher by 0.4%. Among large Energy stocks, Chevron Corporation (Symbol: CVX) and EQT Corp (Symbol: EQT) are the most notable, showing a gain of 1.6% and 1.6%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.7% in midday trading, and up 2.21% on a year-to-date basis. Chevron Corporation, meanwhile, is up 11.18% year-to-date, and EQT Corp is up 15.78% year-to-date. Combined, CVX and EQT make up approximately 21.0% of the underlying holdings of XLE.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, five sectors are up on the day, while four sectors are down.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Friday Sector Leaders: Healthcare, Energy

U.S. energy operator APA Corporation APA reported second-quarter 2025 adjusted earnings of 87 cents per share, beating the Zacks Consensus Estimate of 45 cents. The outperformance primarily reflects higher-than-expected production and lower costs.
The bottom line fell from the year-ago adjusted profit of $1.17 due to lower oil realizations.
Revenues of $2.6 billion were down 6.4% from the year-ago quarter’s sales but came ahead of the Zacks Consensus Estimate by more than 26%.
Meanwhile, APA continues to reward its shareholders, having paid out $140 million in dividends and buybacks during the quarter.
APA Corporation Price, Consensus and EPS Surprise
Production & Selling Prices
Production of oil and natural gas averaged 465,078 BOE/d, which comprised 68% liquids. The figure was down 1.8% from the year-ago quarter but surpassed our expectation of 457,000 BOE/d.
U.S. output (accounting for 62% of the total) fell 4.5% year over year to 289,902 BOE/d, but production from the company’s international operations increased 3% to 175,176 BOE/d. APA’s oil and natural gas liquids (NGLs) production was 316,062 barrels per day (Bbl/d). Natural gas output totaled 894,099 thousand cubic feet per day (Mcf/d).
The average realized crude oil price during the second quarter was $65.58 per barrel, down 20.3% from the year-ago realization of $82.28. However, the number came above our projection of $56.07. Meanwhile, the average realized natural gas price rose to $2.28 per thousand cubic feet (Mcf) from $1.77 in the year-ago period but missed our estimate of $2.35.
Costs & Financial Position
APA’s second-quarter lease operating expenses totaled $367 million, down 20.2% from $460 million in the year-ago period. Moreover, a 10.1% drop in the cost of oil/gas equipment and lower depreciation outgo meant that total operating expenses decreased 15% from the corresponding period of 2024 to $1.6 billion. Our model had put the figure at $1.5 billion.
During the quarter under review, APA generated $1.2 billion of cash from operating activities while it incurred $648 million in upstream capital expenditures. The Zacks Rank #3 (Hold) company reported an adjusted operating cash flow of $981 million. It also registered a free cash flow of $134 million compared to $103 million a year ago.
You can see the complete list of today’s Zacks #1 Rank stocks here.
As of June 30, APA had approximately $107 million in cash and cash equivalents and $4.3 billion in long-term debt, representing a debt-to-capitalization of 42.1%.
APA expects production to average 448,000 BOE/d in Q3 and 457000 BOE/d in 2025 (up 0.5% year over year). Of this, oil volumes are likely to be 228,000 Bbl/d during the July-September period and 232,000 Bbl/d for the full year. The company pegged its upstream capital expenditure for the year at $2.315-$2.365 billion compared to $2.225 billion-$2.325 billion before.
Some Key E&P Earnings
While we have discussed APA’s second-quarter results in detail, let’s see how some other upstream companies have fared this earnings season.
Shale-focused operator EOG Resources EOG reported second-quarter adjusted EPS of $2.32, which beat the Zacks Consensus Estimate of $2.21 but decreased from the year-ago quarter’s $3.16. EOG’s results were driven by higher oil-equivalent production volumes. This was partially offset by lower price realization.
As of June 30, 2025, EOG Resources had cash and cash equivalents worth $5.2 billion and long-term debt of $3.5 billion. The current portion of the long-term debt totaled $778 million. In the reported quarter, the company generated $973 million in free cash flow. Capital expenditure amounted to $1.52 billion.
ConocoPhillips COP, one of the world’s largest independent oil and gas producers, reported adjusted EPS of $1.42, which beat the Zacks Consensus Estimate of $1.36. The bottom line decreased from the prior-year level of $1.98. ConocoPhillips’ better-than-expected quarterly earnings can be attributed to higher oil equivalent production volumes. The positives, however, were partially counterbalanced by decreased average realized oil equivalent prices and increased total costs and expenses.
As of June 30, ConocoPhillips had $4.9 billion in cash and cash equivalents. The company had a total long-term debt of $23.1 billion and a short-term debt of $414 million as of the same date. Capital expenditure and investments totaled $3.29 billion. Net cash provided by operating activities was $3.5 billion.
Natural gas producer EQT Corporation EQT reported adjusted EPS of 45 cents per share, which beat the Zacks Consensus Estimate of 44 cents and improved from the year-ago reported loss of 8 cents. The strong quarterly earnings were driven by higher sales volume and increased average realized prices. In the June quarter, EQT produced 568.2 billion cubic feet (Bcfe) of natural gas, higher than 507.5 Bcfe in the prior-year quarter. The production volumes, however, marginally missed our estimate of 569.3 Bcfe.
Natural gas contributed about 94% of EQT’s total production, amounting to 534.4 Bcf. Although this was slightly below our estimate of 535.3 Bcf, it increased from the previous year's 474.1 Bcf. The year-over-year growth was driven by strong well performance.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

APA Q2 Earnings Shine With Beat on Both Top and Bottom Lines

Looking at the universe of stocks we cover at Dividend Channel, on 8/6/25, EQT Corp (Symbol: EQT) will trade ex-dividend, for its quarterly dividend of $0.1575, payable on 9/2/25. As a percentage of EQT's recent stock price of $52.38, this dividend works out to approximately 0.30%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EQT is likely to continue, and whether the current estimated yield of 1.20% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EQT shares, versus its 200 day moving average:
Looking at the chart above, EQT's low point in its 52 week range is $30.02 per share, with $61.02 as the 52 week high point — that compares with a last trade of $52.61.
In Monday trading, EQT Corp shares are currently off about 2.5% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
ETFs Holding BIOS
XXII Insider Buying
Institutional Holders of DNY
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

EQT Ex-Dividend Reminder - 8/6/25

Below is Validea's guru fundamental report for EQT CORP (EQT). Of the 22 guru strategies we follow, EQT rates highest using our Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.
EQT CORP (EQT) is a large-cap growth stock in the Oil & Gas Operations industry. The rating using this strategy is 41% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of EQT CORP
More Information on Motley Fool
About Motley Fool: Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services.
Additional Research Links
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Detailed Fundamental Analysis - EQT

The NASDAQ 100 After Hours Indicator is up 22.21 to 23,378.48. The total After hours volume is currently 204,985,377 shares traded.
The following are the most active stocks for the after hours session:
Snap Inc. (SNAP) is +0.02 at $9.71, with 19,839,008 shares traded. SNAP's current last sale is 97.1% of the target price of $10.
Hewlett Packard Enterprise Company (HPE) is unchanged at $20.88, with 7,695,273 shares traded. HPE's current last sale is 87% of the target price of $24.
EQT Corporation (EQT) is unchanged at $51.91, with 5,921,704 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2026. The consensus EPS forecast is $1.82. As reported by Zacks, the current mean recommendation for EQT is in the "buy range".
Infosys Limited (INFY) is unchanged at $17.16, with 1,883,888 shares traded. INFY's current last sale is 89.28% of the target price of $19.22.
Pfizer, Inc. (PFE) is +0.0601 at $24.37, with 1,864,813 shares traded. PFE's current last sale is 87.04% of the target price of $28.
Abbott Laboratories (ABT) is -0.15 at $126.20, with 1,728,850 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2025. The consensus EPS forecast is $1.49. As reported by Zacks, the current mean recommendation for ABT is in the "buy range".
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After Hours Most Active for Jul 28, 2025 : SNAP, HPE, EQT, INFY, PFE, ABT

Below is Validea's guru fundamental report for EQT CORP (EQT). Of the 22 guru strategies we follow, EQT rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance.
EQT CORP (EQT) is a large-cap growth stock in the Oil & Gas Operations industry. The rating using this strategy is 83% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of EQT CORP
More Information on Wesley Gray
About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of "Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System". He is also the author (along with co-author Tobias Carlisle) of "Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama.
Additional Research Links
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Periodand min./max. price, $	Price change, %		Volatility, %		Volume, $
Periodand min./max. price, $	EQT	Industry	EQT	Industry	Volume, $
Yesterday 51.7 - 52.8	-0.00	7.81	2.70	0.41	172.59M
Week 49.4 - 53.4	-0.37	6.04	3.57	5.56	1.55B
Month 49.4 - 54.5	-0.63	18.33	7.22	13.03	5.92B
3 Months 49.4 - 61.0	-5.80	17.74	17.36	17.91	19.59B
6 Months 43.6 - 61.0	3.95	8.52	25.35	28.66	36.81B
Year 31.5 - 61.0	57.72	16.70	38.89	38.06	61.51B
3 years 28.1 - 61.0	8.37	46.92	68.51	64.74	143.78B
5 years 12.3 - 61.0	219.90	43.19	104.51	92.65	208.96B
All time 2.8 - 60.4	687.89	812.00	—	—	164.44B

EQT Corporation

Price and volatility history

Risk ratios