EQT is the largest natural gas producer in the United States, focused on the Appalachian Basin (Marcellus and Utica shales). Production of ~6.5 Bcfe/day. Lowest-cost operator in Appalachia with breakeven around $2.00/MMBtu. The Equitrans Midstream merger (2024) created a vertically integrated E&P + midstream company. The AI data center power thesis is a key bull catalyst.
EQT is the largest US natural gas producer at ~6.5 Bcfe/day, focused on Appalachian Basin