EQT

EQT Corporation is an upstream energy company that explores, produces, gathers, transmits and markets hydrocarbons, primarily natural gas, along with natural‑gas liquids and a modest amount of crude oil. It operates mainly in the Appalachian Basin, focusing on the Marcellus and Utica shale formations, and owns a midstream network of pipelines and gathering systems that move product to market. The firm is recognized as the largest natural‑gas producer in the region and is vertically integrated, positioning it as a low‑cost, domestically focused player in the U.S. oil‑and‑gas exploration and production sector. Its business model emphasizes efficient drilling, extensive midstream infrastructure and commodity‑price hedging to generate steady cash flow across market cycles.