Form 10-Q · Quarterly report
EQT Corporation 10-Q, filed Jul 22, 2026
- Filed
- CIK
- 0000033213
- Accession no.
- 0000033213-26-000043
Summary
EQT Corporation completed the Blackline Midstream Acquisition for approximately $77 million on July 21, 2026, and acquired approximately 3.94% interests in each of MVP A and MVP C from an affiliate of Con Edison Gas Pipeline and Storage, LLC on March 30, 2026. EQT also said it expects commodity price volatility to continue through 2026 and expects the One Big Beautiful Bill Act to favorably affect future projected cash income tax obligations by deferring a significant portion of current federal income taxes.
Key points
- EQT completed the acquisition of all operating subsidiaries of Blackline Midstream, LLC on July 21, 2026, for approximately $77 million, funded with borrowings under its revolving credit facility.
- EQT acquired approximately 3.94% interests in each of MVP A and MVP C from an affiliate of Con Edison Gas Pipeline and Storage, LLC on March 30, 2026; total consideration was $198.3 million for MVP A and $15.6 million for MVP C.
- EQT's 2026 financial results reflect operation of assets acquired from Olympus Energy LLC, Hyperion Midstream LLC and Bow & Arrow Land Company LLC, completed July 1, 2025.
- EQT expects the One Big Beautiful Bill Act, signed July 4, 2025, to favorably impact future projected cash income tax obligations by deferring payment of a significant portion of current federal income taxes.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis of financial condition and results of operations should be read in conjunction with the Condensed Consolidated Financial Statements and the notes thereto included in this report. Unless the context otherwise indicates, all references in this report to "EQT" are to EQT Corporation and all references in this report to the "Company," "we," "us," or "our" are to EQT Corporation and its consolidated subsidiaries, collectively. …
An excerpt of the text as filed with the SEC, cut for length.
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