EQT Corp

XMUN:EQ6

Business Description

Sector

Energy

Industry

Energy

Headquarters

United States of America US

Employees

1 523

IPO date

Jun 5, 1950

EQT Corp is a natural gas producer focused on the Appalachian Basin, especially the Marcellus and Utica shale areas. It drills wells, produces natural gas and related liquids, and moves that gas into the market through pipelines and gathering systems it owns or uses. Its main buyers are utilities, gas marketers, industrial users, and other energy companies that need steady natural gas supply.

EQT makes money mainly by selling the natural gas and natural gas liquids it produces. It also earns value from its midstream network, which helps collect gas from wells and deliver it to larger pipelines. That setup matters because in natural gas, the producer that can control both the wells and the takeaway route usually has more say over cost, reliability, and how quickly production reaches customers.

What makes EQT different is its scale and focus. Instead of being a broad oil-and-gas company, it is built around one core product: natural gas. That makes EQT especially tied to North American gas demand for power generation, heating, and industrial use, and it gives the company a clear role as a major supplier in the gas value chain.