Summary
EQT Corporation (EQT) has filed a Form 8-K pre-releasing select financial information for the three months ended June 30, 2026. The company anticipates reporting a total gain on derivatives of $45 million for the quarter. This includes net cash settlements received of $73 million, primarily driven by $76 million in net cash received from NYMEX natural gas hedge positions, partially offset by $3 million in net cash paid for basis and liquids hedge positions. Notably, EQT expects no premiums paid or received for derivatives that settled during the period.
Key Highlights
- 1EQT anticipates a $45 million total gain on derivatives for Q2 2026.
- 2Net cash settlements received on derivatives are expected to be $73 million for the quarter.
- 3The majority of derivative cash settlements stem from favorable NYMEX natural gas hedges ($76 million).
- 4A minor outflow of $3 million is expected from basis and liquids hedge positions.
- 5No derivative premiums were paid or received for settled positions in the period.
- 6These figures are preliminary and subject to change, with final details to be provided in the Form 10-Q or earnings release.
Frequently Asked Questions
The primary driver is a $76 million net cash settlement received on NYMEX natural gas hedge positions, which is expected to result in a total gain on derivatives of $45 million for the quarter.
No, the dollar amounts are preliminary and subject to change. Final figures will be reported in EQT's upcoming Quarterly Report on Form 10-Q for the period ended June 30, 2026, or in the corresponding earnings release.
This figure represents the cash inflow EQT expects to receive from its derivative contracts during the quarter. A positive number indicates that EQT received more cash from its hedges than it paid out, which can positively impact its cash flow.
This 8-K filing is being used to provide timely disclosure of material information, specifically preliminary financial results related to derivative settlements, to the investing public before the official quarterly report.