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Indovinya for ethylene oxide productionUS War in Iran Has Cost $37.5 Billion So Far, Pentagon SaysOil Climbs Over 4% to Near Six-Week High as Conflict Threatens Key Oil Transit RoutesTrump Says U.S. Ready to Respond if Houthis Impose Red Sea BlockadeHalliburton Tumbles on Tepid Revenue Forecast, Middle East Recovery WarningShale Trades Go-Go Days of Growth for Output CreepRefiners Elbow Traders to Take a Larger Slice of Venezuela’s OilCoal Sector Urges Trump Administration to Provide Financing for Existing, New Power PlantsEQT Misses Quarterly Profit Estimates on Weak Gas Prices, Raises Production Forecast

EQT Beats Second-Quarter Profit Estimates on Higher Natgas Prices, Sales Volumes

Business & Policy
July 23, 2025

The energy sector has been benefiting from a rise in demand for natural gas, helped by LNG exports and increasing power consumption due to hotter temperatures and data center operations.

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EQT’s average realized price for natural gas during the quarter jumped 20.6% year-over-year to $2.81 per thousand cubic feet equivalent (Mcfe).

Total sales volume was 568,227 million cubic feet equivalent (MMcfe), compared with 507,512 MMcfe a year earlier.

The company reported adjusted profit of 45 cents per share for the quarter ended June 30, above analysts’ average estimate of 41 cents per share, according to data compiled by LSEG.

(Reporting by Pooja Menon in Bengaluru; Editing by Devika Syamnath)