EQT Corporation has reported its financial results for the second quarter of 2025, highlighting significant improvements in several key metrics. The company achieved a net income attributable to EQT Corporation of $784 million for the three months ended June 30, 2025, a substantial increase from the $10 million reported in the same period of 2024. Additionally, the total sales volume rose to 568 billion cubic feet equivalent (Bcfe), up from 508 Bcfe in the previous year. The average realized price per Mcfe also saw an increase, reaching $2.81 compared to $2.33 in the second quarter of 2024. In terms of adjusted metrics, EQT reported an adjusted net income attributable to the company of $273 million, contrasting with a loss of $37 million in the same quarter last year. These results underscore a year-over-year improvement of $310 million in adjusted net income. EQT Corporation's management believes that the adjusted figures, which exclude the impact of derivative instruments prior to settlement, provide a clearer picture of the company's core operating performance. There was no specific outlook or guidance mentioned in the release.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.