EQT Corporation disclosed preliminary derivative losses of $238 million and $304 million in net cash settlements paid for the quarter ended March 31, 2026.
Key takeaways
EQT expects to report a total loss on derivatives of $238 million for the three months ended March 31, 2026.
Net cash settlements paid on derivatives totaled $304 million for the three months ended March 31, 2026.
Net cash settlements paid on NYMEX natural gas hedge positions were $114 million for the quarter.
Net cash settlements paid on basis and liquids hedge positions were $190 million for the quarter.
No premiums were paid or received for derivatives that settled during the three-month period.
All disclosed dollar amounts are preliminary and subject to change until the Form 10-Q filing.