EQT declares quarterly cash dividend of $0.1575 per share

Published 16/07/2025, 21:20
EQT declares quarterly cash dividend of $0.1575 per share

PITTSBURGH - EQT Corporation (NYSE:EQT) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.1575 per share on its common stock.

The dividend will be payable on September 2, 2025, to shareholders of record at the close of business on August 6, 2025, according to a press release statement from the company.

EQT Corporation is a natural gas producer with operations focused in the Appalachian Basin. The company describes itself as a vertically integrated natural gas producer with both production and midstream operations. With a market capitalization of $36.9 billion and impressive year-over-year revenue growth of 39.4%, EQT has demonstrated strong performance, delivering a 64.8% return over the past year. According to InvestingPro analysis, the stock is currently trading near its 52-week high of $61.02.

The Pittsburgh-based energy company has maintained its dividend at the same level as previous quarters, continuing its regular cash distribution to shareholders.

EQT Corporation is listed on the New York Stock Exchange under the ticker symbol EQT.

In other recent news, EQT Corporation has announced a significant gain in its financial outlook, expecting a $720 million gain on derivatives for the second quarter, alongside $101 million in net cash settlements paid. UBS has maintained its Buy rating and $64 price target for EQT, citing strong EBITDA performance, with a Q2 2025 estimate of $1.14 billion. Additionally, EQT has secured a substantial natural gas supply deal for the Homer City Energy Campus, providing up to 665,000 MMBTUs of natural gas daily, marking one of the largest single-site transactions in North America. The project is set to power AI and high-performance computing data centers, with construction led by Kiewit Power Constructors Co. and financing by Knighthead Capital Management. EQT will also supply natural gas to the Bruce Mansfield Power Plant conversion project, which will transform the former coal-fired plant into a 3.6GW natural gas-fired facility. JPMorgan has reiterated its Overweight rating on EQT, reflecting confidence in the company’s long-term demand prospects due to these supply agreements. Citi also maintained its Buy rating and $60 price target on EQT, emphasizing the growth potential from the Bruce Mansfield project. These developments highlight EQT’s strategic focus on securing long-term contracts and enhancing its project-oriented growth strategy.

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