BlackRock Inc. disclosed a new position in EQT Corporation in an SEC filing on August 19, 2026. The asset manager purchased 60,261,896 shares of the natural gas producer. This investment is valued at approximately $3.2 billion. The acquisition gives BlackRock a 9.63% ownership stake in the company.
The investment indicates strong institutional conviction in EQT's strategic direction. Other firms also reported new positions during the same period. Energy Income Partners LLC disclosed a new investment of 406,270 shares.