The company said its net income attributable to EQT for 2025 was $2,039 million (2024 $231 million), and its adjusted EBITDA was $5,904 million (2024 $3,729 million). Total sales volume for the full year was 2,382 Bcfe (2024 2,228 Bcfe).

1. 01

   The company said its net income attributable to EQT for 2025 was $2,039 million (2024 $231 million), and its adjusted EBITDA was $5,904 million (2024 $3,729 million). Total sales volume for the full year was 2,382 Bcfe (2024 2,228 Bcfe).

2. 02

   EQT said net cash provided by operating activities for Q4 2025 was $1,125 million, and free cash flow attributable to EQT was $744 million. Capital expenditures for the same quarter were $655 million.

3. 03

   The company said total debt as of December 31, 2025 was $7.8 billion and net debt was $7.7 billion, down $9.3 billion from $9.1 billion as of December 31, 2024. It expects net debt at the end of Q1 2026 to be sub-$6 billion.

4. 04

   The company expects total sales volume of 2,275 to 2,375 Bcfe in 2026, with maintenance capital expenditures of $2,070 to $2,210 million. It plans growth capital expenditures of $580 to $640 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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