Education
About Us
Working with TipRanks
Follow Us
EQT (EQT)
NYSE:EQT
Earnings Data
Report Date
Apr 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.04Last Year’s EPS
0.82Same Quarter Last Year
Moderate Buy
Based on 20 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: 3.44%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted EQT's strong financial performance, strategic acquisitions, and effective cost management. However, the company faces challenges related to market volatility and reliance on future in-basin demand growth. Despite these challenges, the sentiment leans positive due to the significant financial achievements and strategic positioning for future growth.Company Guidance
In the EQT Q1 2025 earnings call, the company reported its strongest financial results in recent history, largely driven by strategic production management and market conditions. Production surged by 300 million cubic feet per day, leading to a free cash flow of over $1 billion with natural gas prices averaging $3.65 per million Btu. This performance represents nearly twice the consensus free cash flow estimates of the nearest competitor. EQT also announced a $1.8 billion acquisition of Olympus Energy, expected to enhance free cash flow per share by 4% to 8% over the next three years. The acquisition includes a 90,000 net acre position with a production capacity of 500 million cubic feet per day. The company continues to capture synergies from the Equitrans acquisition, achieving $360 million in annual savings, and has raised its full-year production outlook by 25 Bcfe while lowering capital spending by $25 million. Pro forma for the Olympus transaction, EQT forecasts year-end 2025 net debt of approximately $7 billion, with a net debt to adjusted EBITDA ratio decreasing by 0.1 times. The company is also exploring in-basin demand opportunities, including discussions with multiple power projects, which could support sustainable production growth linked to end-user demand. EQT's strategic initiatives position it to capitalize on local demand growth and improve through-cycle free cash flow generation, while maintaining a strong balance sheet and operational flexibility.Record-Breaking Financial Performance
The first quarter of 2025 was the strongest in recent company history, with production at the high end of guidance and over $1 billion in free cash flow generated.
Strategic Acquisition of Olympus Energy
EQT announced the acquisition of Olympus Energy's upstream and midstream assets for $1.8 billion, expected to deliver a 4% to 8% accretion in free cash flow per share over the next three years.
Successful Cost Management
Operating expenses and capital spending were below the low end of guidance, contributing to significant free cash flow generation.
Enhanced Production Outlook
EQT raised its full-year production outlook by 25 Bcfe and lowered the midpoint of 2025 capital spending guidance by $25 million.
Strong Balance Sheet Deleveraging
Net debt decreased from $9.1 billion at the end of 2024 to $8.1 billion, with a plan to reach $5 billion by mid-2026.
---
EQT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
EQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 22, 2025 | $48.57 | $48.75 | +0.37% |
| Feb 18, 2025 | $53.78 | $54.24 | +0.86% |
| Oct 29, 2024 | $37.04 | $38.29 | +3.37% |
| Jul 23, 2024 | $34.62 | $34.67 | +0.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does EQT (EQT) report earnings?
EQT (EQT) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is EQT (EQT) earnings time?
EQT (EQT) earnings time is at Apr 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EQT EPS forecast?
EQT EPS forecast for the fiscal quarter 2025 (Q1) is 1.04.
---