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EQT delivered a first quarter that exceeded Wall Street’s expectations, prompting a positive market response. Management attributed this performance to a combination of robust free cash flow generation, operational resilience during Winter Storm Fern, and strategic benefits from the Equitrans integration. CEO Toby Rice emphasized that EQT’s ability to capture nearly all of the market volatility upside, thanks to a minimal hedging approach, was a significant driver. The company also highlighted s

While the top- and bottom-line numbers for EQT (EQT) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.