EQT Debt to Equity Ratio 2010-2024 | EQT
Current and historical debt to equity ratio values for EQT (EQT) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. EQT debt/equity for the three months ending September 30, 2024 was 0.65.
EQT Debt/Equity Ratio Historical Data |
Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
2024-09-30 |
$19.46B |
$20.49B |
0.95 |
2024-06-30 |
$9.58B |
$15.13B |
0.63 |
2024-03-31 |
$10.27B |
$15.17B |
0.68 |
2023-12-31 |
$10.50B |
$14.78B |
0.71 |
2023-09-30 |
$10.35B |
$14.21B |
0.73 |
2023-06-30 |
$9.23B |
$12.05B |
0.77 |
2023-03-31 |
$10.54B |
$12.15B |
0.87 |
2022-12-31 |
$11.46B |
$11.21B |
1.02 |
2022-09-30 |
$12.88B |
$9.66B |
1.33 |
2022-06-30 |
$13.53B |
$9.09B |
1.49 |
2022-03-31 |
$13.61B |
$8.21B |
1.66 |
2021-12-31 |
$11.64B |
$9.97B |
1.17 |
2021-09-30 |
$14.75B |
$8.26B |
1.79 |
2021-06-30 |
$10.68B |
$8.30B |
1.29 |
2021-03-31 |
$8.81B |
$9.23B |
0.95 |
2020-12-31 |
$8.85B |
$9.26B |
0.96 |
2020-09-30 |
$8.73B |
$8.85B |
0.99 |
2020-06-30 |
$8.57B |
$9.44B |
0.91 |
2020-03-31 |
$9.00B |
$9.63B |
0.93 |
2019-12-31 |
$9.01B |
$9.80B |
0.92 |
2019-09-30 |
$9.26B |
$10.90B |
0.85 |
2019-06-30 |
$9.23B |
$11.25B |
0.82 |
2019-03-31 |
$9.20B |
$11.14B |
0.83 |
2018-12-31 |
$9.76B |
$10.96B |
0.89 |
2018-09-30 |
$12.44B |
$16.22B |
0.77 |
2018-06-30 |
$12.26B |
$16.70B |
0.73 |
2018-03-31 |
$10.77B |
$16.86B |
0.64 |
2017-12-31 |
$11.11B |
$18.42B |
0.60 |
2017-09-30 |
$6.56B |
$9.43B |
0.70 |
2017-06-30 |
$6.35B |
$9.38B |
0.68 |
2017-03-31 |
$6.34B |
$9.31B |
0.68 |
2016-12-31 |
$6.35B |
$9.12B |
0.70 |
2016-09-30 |
$5.62B |
$9.27B |
0.61 |
2016-06-30 |
$5.53B |
$9.26B |
0.60 |
2016-03-31 |
$5.57B |
$8.48B |
0.66 |
2015-12-31 |
$5.95B |
$8.03B |
0.74 |
2015-09-30 |
$5.99B |
$7.75B |
0.77 |
2015-06-30 |
$5.93B |
$7.65B |
0.78 |
2015-03-31 |
$5.93B |
$7.14B |
0.83 |
2014-12-31 |
$5.66B |
$6.37B |
0.89 |
2014-09-30 |
$5.59B |
$6.18B |
0.91 |
2014-06-30 |
$5.36B |
$6.03B |
0.89 |
2014-03-31 |
$5.23B |
$5.02B |
1.04 |
2013-12-31 |
$4.93B |
$4.86B |
1.01 |
2013-09-30 |
$4.95B |
$4.74B |
1.05 |
2013-06-30 |
$4.95B |
$4.10B |
1.21 |
2013-03-31 |
$4.88B |
$3.93B |
1.24 |
2012-12-31 |
$4.96B |
$3.89B |
1.28 |
2012-09-30 |
$5.15B |
$3.85B |
1.34 |
2012-06-30 |
$5.10B |
$3.65B |
1.40 |
2012-03-31 |
$5.15B |
$3.71B |
1.39 |
2011-12-31 |
$5.18B |
$3.59B |
1.44 |
2011-09-30 |
$4.28B |
$3.44B |
1.25 |
2011-06-30 |
$4.06B |
$3.24B |
1.25 |
2011-03-31 |
$3.88B |
$3.15B |
1.23 |
2010-12-31 |
$4.02B |
$3.08B |
1.31 |
2010-09-30 |
$3.87B |
$3.06B |
1.26 |
2010-06-30 |
$3.77B |
$3.01B |
1.25 |
2010-03-31 |
$3.76B |
$2.80B |
1.34 |
2009-12-31 |
$3.81B |
$2.15B |
1.77 |
2009-09-30 |
$3.58B |
$2.11B |
1.69 |
2009-06-30 |
$3.52B |
$2.16B |
1.63 |
2009-03-31 |
$3.14B |
$2.18B |
1.44 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$15.730B |
$6.909B |
EQT Corporation is primarily an explorer and producer of natural gas, with primary focus on the Appalachian Basin in Ohio, Pennsylvania and West Virginia. The basin has been a major contributor to natural gas production growth in the United States. Notably, in terms of average daily sales volumes, EQT Corp is the largest natural gas producer in the domestic market. The upstream energy payer's operations in the basin spreads across millions of acres, with proved oil and gas reserve. Importantly, the company's core resources in the Appalachian Basin comprises huge inventory of drilling locations. The company has decided to spud wells in the Marcellus shale play in Pennsylvania, West Virginia and Ohio that is likely to back the company's incremental production volumes in the years to come. EQT Corp has set its strategic priorities to lower operating costs while maximizing production volumes. It is to be noted that EQT Corp is the only company in the Appalachian Basin that is considered investment grade.
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