EQT Corp 8-K

What Happened
EQT Corporation announced in an 8-K filed July 14, 2026 (Item 2.02) that it expects to report a total gain on derivatives of $45 million for the three months ended June 30, 2026. For the same quarter, EQT expects net cash settlements received on derivatives of $73 million, primarily driven by $76 million received on NYMEX natural gas hedge positions offset by $3 million paid on basis and liquids hedge positions. The filing was signed by CFO Jeremy T. Knop.

Key Details

• Total gain on derivatives (preliminary): $45 million for Q2 2026 (three months ended June 30, 2026).
• Net cash settlements on derivatives (preliminary): $73 million total: $76M received on NYMEX natural gas hedges; $(3)M paid on basis and liquids hedges.
• No premiums were paid or received for derivatives that settled during the period.
• Amounts are preliminary and subject to change; final figures will appear in EQT’s Form 10-Q for the quarter or in the related earnings release.

Why It Matters
Derivatives gains and cash settlements can materially affect reported quarterly earnings and cash flow. These preliminary figures give investors an early look at how EQT’s hedge positions impacted Q2 2026 results, but the company cautions the numbers may change when finalized in the Form 10-Q. Investors should watch the upcoming 10-Q or earnings release for the definitive impact on quarterly earnings and liquidity.