EQT

EQT
D

EQT

Arincen76/100B

EQT company profile

CEO
Toby Z. Rice
Employees
1,523
Headquarters
2200 Energy Drive, Canonsburg, PA 15317, US
Sector
Energy
Industry
Oil & Gas Exploration & Production
IPO date
17 Mar 1980
Stock exchange
NYSE
ISIN
US26884L1098

Website:eqt.com

About the company

EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.

Employees

EQT had about 1,523 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 4.2% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY20251,523+4.24%5.96M USD1.34M USD
FY20241,461+65.83%3.57M USD157.82K USD
FY2023881+18.41%5.75M USD1.97M USD
FY2022744+7.36%16.32M USD2.38M USD
FY2021693+11.06%9.87M USD-1.65M USD
FY2020624-3.55%4.26M USD-1.54M USD
FY2019647-25.03%5.87M USD-1.89M USD
FY2018863-58.25%5.49M USD-2.60M USD
FY20172,067+14.26%1.45M USD729.82K USD
FY20161,809-5.49%1.03M USD-250.41K USD
FY20151,914+9.37%1.02M USD44.50K USD
FY20141,750+7.96%1.41M USD221.12K USD
FY20131,621-13.45%1.15M USD240.95K USD
FY20121,873+2.07%876.46K USD97.92K USD
FY20111,835+1.10%893.70K USD261.45K USD
FY20101,815+0.83%728.76K USD125.45K USD
FY20091,800+7.14%705.46K USD87.18K USD
FY20081,680+20.00%938.39K USD152.15K USD
FY20071,400+4.48%972.43K USD183.92K USD
FY20061,340+7.20%946.20K USD164.39K USD
FY20051,250-16.67%1.00M USD208.04K USD
FY20041,500+7.14%794.41K USD186.57K USD
FY20031,400-6.67%748.06K USD121.43K USD
FY20021,5000.00%——
FY20011,500-7.06%1.18M USD101.21K USD
FY20001,614-0.37%1.02M USD65.78K USD
FY19991,620+2.02%655.99K USD42.65K USD
FY19981,588-19.72%555.79K USD-27.83K USD
FY19971,978—1.09M USD39.48K USD
FY19960-100.00%——
FY199515—95.07M USD100.00K USD
FY19940-100.00%——
FY1993239—4.58M USD307.53K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns EQT

Institutions such as funds, banks and insurers held 95.0% of EQT's shares on 30 June 2026, 1,184 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 95.0%Other shareholders 5.0%

Shares free to trade

Free float 619.16M shares ·99.0% Closely held 6.39M shares ·1.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

How EQT pays its executives

The chief executive was paid 16.09M USD for fiscal 2025, 84% of it in shares and options.

Name and positionSalaryStock awardsCash incentiveOther payTotal pay
Toby Z. Rice President and Chief Executive Officer1.00 USD13.55M USD2.54M USD—16.09M USD
Jeremy T. Knop Chief Financial Officer629.81K USD7.62M USD1.14M USD31.50K USD9.42M USD
William E. Jordan Chief Legal and Policy Officer525.00K USD2.58M USD874.58K USD124.33K USD4.11M USD
J.E.B. Bolen Exec VP Operations486.92K USD2.47M USD946.40K USD42.69K USD3.95M USD
Sarah Fenton Exec VP Upstream486.92K USD2.47M USD946.40K USD31.29K USD3.94M USD

FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing

Common questions about EQT

Source: Financial Modeling Prep