EQT Discloses Preliminary Q1 $238M Derivatives Loss and $304M Cash Settlements
EQT sits 21% above its 52-week low of $47.14.
Summary
EQT Corp expects a preliminary $238 million derivatives loss and $304 million in net cash settlements for Q1 2026, signaling a negative financial impact for the quarter.
Key Events · Earnings and Guidance · EQT
-
Preliminary Q1 Derivatives Loss
EQT expects a total loss on derivatives of $238 million for the three months ended March 31, 2026.
-
Significant Cash Settlements
The company anticipates $304 million in net cash settlements paid on derivatives for Q1 2026, including $114 million for NYMEX natural gas hedges and $190 million for basis and liquids hedges.
-
Preliminary Figures
These reported dollar amounts are preliminary and subject to change, with final figures to be disclosed in the upcoming Q1 2026 Form 10-Q.
Analysis · EQT · Energy & Transportation
EQT Corp's preliminary disclosure of a significant derivatives loss and substantial cash settlements for Q1 2026 indicates a negative impact on its financial performance for the quarter. While these figures are preliminary, the magnitude of the expected loss and cash outflow is notable, potentially affecting investor sentiment and future earnings expectations. This update contrasts with the positive financial results reported for 2025.
At the time of this filing, EQT was trading at $56.82 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $35.4B. The 52-week trading range was $47.14 to $68.24. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.