EQT Corporation issued a preliminary update for the third quarter 2026, highlighting significant gains from its hedging program. The company expects to report a total gain on derivatives of $100 million, bolstered by cash inflows from settled positions during the three-month period ended September 30, 2026.
Key Highlights
- Expected total derivative gains reached $100 million for the quarter.
- Net cash settlements received on derivatives totaled $70 million, primarily driven by NYMEX natural gas hedge positions.
- NYMEX natural gas hedge positions specifically contributed $68 million, while basis and liquids positions added $2 million.