EQT released a preliminary update for its second quarter 2026, announcing an expected gain on derivatives and positive net cash settlements from its hedging program.
Key Highlights
- The company expects to report a total gain on derivatives of $45 million for the quarter.
- Net cash settlements received from derivatives are anticipated to be $73 million.
- This was driven by $76 million in receipts from NYMEX natural gas hedges, partially offset by $3 million in payments for basis and liquids hedges.