EQT Q3 Earnings Beat Estimates on Lower Operating Costs, Revenues Miss

EQT Corporation reported Q3 2026 adjusted EPS of 42 cents, beating estimates by 10.5% despite a 19.2% year-over-year decline, while revenues of $1.77 billion missed expectations. The company announced a strategic all-stock merger with Range Resources to create the largest U.S. natural gas producer with $325M in baseline synergies. However, lower production volumes, weaker pricing, and a 41.6% decline in free cash flow offset operational cost efficiencies.