| EQT |
Report |
Adjusted EPS (Q2'26) |
BEAT |
pred ~$0.45 vs. cons $0.41 |
MEDIUM |
| EQT |
Report |
Total sales volume (Bcfe, Q2'26) |
BEAT |
pred ~610 Bcfe vs. cons ~595 Bcfe |
MEDIUM |
| EQT |
Report |
Revenue (Q2'26) |
MISS |
pred ~$1.78B vs. cons $1.84B |
LOW |
| EQT |
Guide |
FY2026 total sales volume guide |
BETTER |
guide ~2,340 Bcfe vs. cons ~2,325 Bcfe (FY2026) |
LOW |
| EQT |
Guide |
FY2026 total capex guide (maint+growth) |
BETTER |
guide ~$2,720M vs. cons ~$2,790M (FY2026) |
LOW |
| EQT |
Guide |
Net-debt trajectory vs $5.0B target |
UNCHANGED |
net debt ~$5.2B vs. $5.0B target (YE2026) |
MEDIUM |
| EQT |
Guide |
Appalachian power/data-center supply deals |
UNKNOWN |
pipeline ~3+ Bcf/d vs. 0 signed to date (H2 2026) |
LOW |
| EQT |
Guide |
FY2026 avg differential guide |
UNCHANGED |
guide ~($0.45)/Mcf vs. cons ~($0.45)/Mcf (FY2026) |
LOW |
| EQT |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.5% |
— |
LOW |
| EQT |
Return |
5-day cumulative residual |
-1.0% (FADE) |
Estimates were slashed into the print (Zacks cut Q2 to ~$0.40 from $0.67; 6 downward vs 1 upward revision in 30 days; FY cut to ~$4.43), so a Q2 volume/cost beat vs a very low bar plus oversold positioning (-28% off March high) supports a modest relief pop on day 1. But out-period math dominates day 5: the weak forward Henry Hub/Appalachian gas curve and softer-by-design H2 realizations keep FY2026/2027 estimates drifting lower, and absent a concrete signed data-center/power supply deal the growth narrative can't offset it — so the initial bounce fades as revisions grind down. |
LOW |