EQT Reports Strong Q1 2026 Earnings with Record Free Cash Flow and Deleveraging Progress
EQT (EQT) reported record free cash flow of over $1.8 billion in Q1 2026, driven by strong sales volumes and improved efficiencies. The company also made progress in deleveraging, retiring over $1.7 billion in senior notes and ending the quarter with net debt below $5.7 billion. Fitch upgraded EQT's credit rating to BBB, citing balance sheet strength.
Tickers: $EQT
Topics: deleveraging Fitch credit rating free cash flow LNG portfolio natural gas prices operating expenses