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 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.
Shares free to trade
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 position | Salary | Stock awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|
| Toby Z. Rice President and Chief Executive Officer | 1.00 USD | 13.55M USD | 2.54M USD | — | 16.09M USD |
| Jeremy T. Knop Chief Financial Officer | 629.81K USD | 7.62M USD | 1.14M USD | 31.50K USD | 9.42M USD |
| William E. Jordan Chief Legal and Policy Officer | 525.00K USD | 2.58M USD | 874.58K USD | 124.33K USD | 4.11M USD |
| J.E.B. Bolen Exec VP Operations | 486.92K USD | 2.47M USD | 946.40K USD | 42.69K USD | 3.95M USD |
| Sarah Fenton Exec VP Upstream | 486.92K USD | 2.47M USD | 946.40K USD | 31.29K USD | 3.94M 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
