EQT Projects $238 Million Derivatives Loss for Q1 2026, Per SEC Filing
EQT sits 21% above its 52-week low of $47.14.
Summary
EQT Corporation has disclosed in an SEC filing that it expects a total derivatives loss of $238 million for the first quarter ended March 31, 2026. This pre-announcement provides a significant financial detail ahead of the full Q1 earnings report, indicating a material negative impact on the company's upcoming quarterly results. The filing also noted net cash settlements of $304 million on derivatives, including $114 million on NYMEX gas hedges and $190 million on basis and liquids hedges. This loss is a notable item that traders will factor into their Q1 earnings models, potentially affecting short-term sentiment and stock performance. Investors will now closely monitor the full Q1 earnings release for further details and management commentary on hedging strategies and future outlook.
At the time of this announcement, 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 news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.