EQT
EQT · NYSE · Energy
$50.00
$0.35 (-0.70%) today
Market Cap
$31.28B
24h Volume
$1.0B
P/E Ratio
11.6
52w High
$67.53
52w Low
$48.62
Est. AI Revenue
10%
7-Day Sparkline (Static)
Company facts
Performance
About EQT
EQT is the largest natural gas producer in the United States, operating in the Appalachian Basin across Pennsylvania, West Virginia, and Ohio. It makes money producing and selling natural gas, and after acquiring Equitrans in 2024 it also owns the pipelines that move that gas to market.
The integrated model pairs low cost production with midstream infrastructure, including the Mountain Valley Pipeline that carries Appalachian gas toward Southeast demand centers. Management has positioned EQT as a primary fuel supplier for the gas fired power plants being planned to serve data centers in the PJM grid region, including supply arrangements tied to projects in the Homer City redevelopment area.
Founded in 1888 and headquartered in Canonsburg, Pennsylvania, EQT employs about 1,500 people and trades on the NYSE.
EQT in the AI buildout
EQT sits in the Power & Energy layer of the AI buildout. Data centers concentrating in the PJM region need new gas fired generation, and that generation needs fuel. EQT's Appalachian production sits closest to that demand, and its Equitrans pipeline network gives it a direct route to new power projects, including plants planned around data center campuses. The AI thesis is a demand story: more compute means more electricity, which means more gas pulled from the basin EQT dominates.
EQT is tracked in Power & Energy, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
EQT trades at $50.00, 7% of the way up its 52-week range of $48.62 to $67.53.
Market cap
Market capitalization is $31.28B, with an AI Exposure Score of 32 out of 100.
Valuation vs peers
Its P/E ratio of 11.6 is below the Power & Energy category median of 30.8.
Next earnings
EQT is next expected to report earnings on October 20, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does EQT Corporation do?
EQT is the largest natural gas producer in the United States, operating in the Appalachian Basin. It produces and sells natural gas and, through its 2024 acquisition of Equitrans, owns midstream pipelines including the Mountain Valley Pipeline.
How is EQT Corporation exposed to AI?
Supercycle rates it Growing with an AI Exposure Score of 32 out of 100. EQT positions itself as a primary fuel supplier for gas power plants serving data center growth in the PJM region, with supply arrangements tied to projects such as the Homer City redevelopment.
What is the Mountain Valley Pipeline?
Mountain Valley Pipeline carries Appalachian natural gas into Virginia, connecting EQT's production to Southeast demand centers where utilities are adding gas generation, partly to serve data centers. EQT gained the pipeline through its acquisition of Equitrans.
Is EQT a pure play AI stock?
No. Supercycle classifies EQT as Growing. Data center power demand is a meaningful tailwind for Appalachian gas, but EQT's results are driven mostly by natural gas prices and its own production volumes.
Who leads EQT?
Toby Rice serves as president and chief executive officer. He took over in 2019 and led the company's acquisition of Equitrans. EQT is headquartered in Canonsburg, Pennsylvania and employs about 1,500 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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