What smart money is saying about EQT
3 funds in our archive have pitched EQT — most recently Andrew Hill Investment Advisors in March 2026.
EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.
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Position history
Between Q4 2025 and Q2 2026, 4 fund letters reported a position in EQT, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 3 | 0 | 0 | 0 |
| Q1 2026 | 1 | 0 | 0 | 2 |
| Q4 2025 | 0 | 0 | 0 | 1 |
Fund activity · 4 positions
- June 2026
“The holdings in late Life Cycle energy positions, Shell and EQT Corp, gave back some gains from the previous quarter, after agreement appeared to have been struck to end the US conflict with Iran and the ‘war premium’ in commodity prices faded.”
EQT - June 2026
“The holdings in late Life Cycle energy positions, Shell and EQT Corp, gave back some gains from the previous quarter, after agreement appeared to have been struck to end the US conflict with Iran and the ‘war premium’ in commodity prices faded.”
EQT - June 2026
“Performance commentary The fund outperformed its benchmark over the quarter, which was mainly the result of positive stock selection. Holdings in the healthcare and information technology sectors proved particularly beneficial. Some of the best performers were stocks benefiting from investors’ increasingly positive view on the semiconductor cycle and AI-related demand. Holdings in the Intel, SK Hynix, Micron Technology and TSMC were among the fund's strongest contributors. Much of the negative attribution over the quarter came from stocks that we do not own, especially those related to the AI-memory boom. Not holding Lam Research, ASML or KLA Corp hit relative returns. The holdings in late Life Cycle energy positions, Shell and EQT Corp, gave back some gains from the previous quarter, after agreement appeared to have been struck to end the US conflict with Iran and the ‘war premium’ in commodity prices faded.”
EQT - March 2026
“EQT is the largest pure play U.S. natural gas producer.”
EQT
Also mentioned · 1
These funds discuss EQT — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedGuinness Sustainable Energy FundJune 2026
“NextEra’s acquisition follows recent M&A in the sector including BlackRock and EQT’s $33.3bn take-private of power plant operator AES and Constellation’s $27bn takeover of rival Calpine.”
EQT
Fund coverage · 3 theses
- Andrew Hill Investment AdvisorsMarch 2026
EQT is a major U.S. natural gas producer with vertical integration and efficient long-lateral drilling, positioned to benefit from abundant U.S. gas demand.
Read the full thesis - Eagle Capital ManagementMarch 2026
EQT is a low-cost U.S. natural gas producer with long-lived assets, strong management, and margin upside.
Read the full thesis - Diamond Hill Large Cap FundDecember 2025
EQT Corporation is a low-cost Appalachian gas producer with structural advantages and leverage to long-term US natural gas demand.
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