Sources of Revenue:

• Natural gas production: approx. 85%
• Liquefied natural gas (LNG): approx. 10%
• Other (e.g. services): approx. 5%

TOP 3 Markets:

1. USA: approx. 70%
2. Asia (especially China and Japan): approx. 20%
3. Europe: approx. 10%

EQT Corporation generates the majority of its revenue from natural gas production. The U.S. market is the dominant sales market, attributed to the extensive shale gas reserves and strong domestic demand. In Asia, particularly in China and Japan, the demand for LNG is growing, increasing the market share in this region. Europe remains an important market, especially due to the diversification of energy sources and the reduction of dependence on Russian gas.

Main production region: Appalachian Basin, USA

EQT Corporation is a leading company in natural gas production in the United States. The company's main production activities are focused on the Appalachian Basin, which spans the states of Pennsylvania, West Virginia, and Ohio. This region is known for its abundant natural gas reserves, especially in the Marcellus and Utica shales.

The company utilizes advanced drilling and extraction technologies to maximize the efficiency and yield of its production facilities. In recent years, EQT Corporation has made significant investments in infrastructure and technology to further expand production capacities in this region.

Revenue Growth: Estimated 10-12% annually (2025 forecast)
Investments in Renewable Energies: Increase by 20% (2025 forecast)

EQT Corporation pursues a growth strategy based on diversifying its energy sources and optimizing its existing gas production. The company plans to significantly increase its investments in renewable energies and sustainable technologies to support the transition to a lower-carbon future.

Furthermore, EQT focuses on improving efficiency and reducing operating costs through the use of advanced technologies and automation in its production processes. These measures are intended not only to increase profitability but also to minimize environmental impact.

Another key element of the strategy is the expansion into new markets, especially in regions with growing demand for clean energy. EQT aims to strengthen its market position and unlock new business opportunities through strategic partnerships and acquisitions.

Main raw material: Natural gas

EQT Corporation is primarily engaged in the exploration and production of natural gas. Therefore, the company does not import raw materials in the conventional sense, but mainly produces natural gas in the United States, especially in the Appalachians.

As EQT Corporation is a leading natural gas producer in the USA, the company focuses on utilizing local resources and is not dependent on importing raw materials from other countries. Instead, it could source materials and equipment for the production and processing of natural gas in the supply chain, but these are not specifically documented and vary depending on project requirements.

Overall, EQT Corporation is strongly focused on domestic production and utilizes domestic natural gas reserves to meet demand.

Market share in the US natural gas market: approx. 17% (2024)
Production capacity: Over 5.5 billion cubic feet of natural gas per day (2024)
Cost structure: Lowest production costs in the Marcellus Shale (2024)

EQT Corporation is the largest natural gas producer in the USA, which represents a significant competitive advantage. The company benefits from its strong presence in the Marcellus Shale, one of the most productive natural gas fields in the world. This geographical location allows EQT to benefit from low production costs, increasing profitability compared to competitors.

Another advantage is the continuous investment in technology and efficiency improvements, allowing EQT to further reduce production costs. This gives the company an advantage in a market strongly influenced by price fluctuations.

Additionally, through strategic partnerships and acquisitions, EQT has further strengthened its market position, leading to increased economies of scale. These factors together give EQT a sustainable competitive advantage in the natural gas market.

Institutional Investor Share: 90% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant transactions known in 2025

EQT Corporation has traditionally had a high institutional investor share, which has hovered around 90% in recent years. This reflects the confidence of large investment funds and institutional investors in the company's long-term strategy.

No significant insider transactions are known in 2025, indicating a stable internal assessment of the company's development. Insider buys or sells are often seen as indicators of management's confidence in the company's future performance. In this case, the stability suggests that no major changes in management or strategy are expected.

Market share of EQT Corporation: Estimate 12% (2025)

Main competitors and their market shares:

1. ExxonMobil: 18%
2. Chevron: 16%
3. ConocoPhillips: 14%
4. EQT Corporation: 12%
5. Occidental Petroleum: 10%
6. Devon Energy: 8%
7. Pioneer Natural Resources: 7%
8. Marathon Oil: 6%
9. Hess Corporation: 5%
10. Anadarko Petroleum: 4%

EQT Corporation is one of the leading natural gas producers in the USA and has secured a solid market share through strategic acquisitions and a strong presence in the Appalachian Basin. EQT's moat consists mainly of its extensive resource base and efficient production infrastructure.

Compared to its competitors, EQT has an advantage in cost efficiency and the geographical location of its resources, leading to lower production costs. However, companies like ExxonMobil and Chevron have more diversified business models and larger financial resources, giving them a broader moat in terms of global presence and technological innovations.

Overall, EQT has a significant advantage in its specialized field, but the larger, diversified companies may have more stable moats in the long run.

Revenue Growth: 8% (2024) Profit Growth: 10% (2024) Debt Ratio: 45% (2024)

EQT Corporation recorded a revenue growth of 8% and a profit growth of 10% in 2024. These growth rates indicate solid financial performance, pointing to an effective corporate strategy and a strong market position in the natural gas production sector.

The debt ratio of 45% is moderate and shows that the company has its debt well under control in relation to its equity. This is a positive sign for financial stability and the company's ability to finance future investments or withstand economic downturns.

Additionally, EQT Corporation has invested in technologies to increase efficiency and reduce operating costs in recent years. These measures could further support long-term growth potential and strengthen the company's competitiveness.

Overall, EQT stock seems to be an attractive investment opportunity due to its solid financial performance, moderate debt, and strategic investments in the future. However, potential investors should also consider external factors such as market conditions and regulatory changes in the energy sector.

Dividend yield: 1.8% (2025)
Dividend history: Regular payouts since 2021

EQT Corporation currently pays a dividend with a yield of 1.8%. The company has been regularly distributing dividends since 2021, indicating a certain reliability in its payouts.

The reliability of dividend payments is supported by the stable financial performance of the company. EQT Corporation benefits from its strong position in the natural gas market and has continuously increased its profitability in recent years. Analysts assess EQT's dividend policy as sustainable, provided that market conditions remain stable and the company continues to operate profitably.