This report contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking and are usually identified by the use of words such as “seek,” “strive,” “anticipate,” “estimate,” “could,” “would,” “will,” “may,” “forecast,” “approximate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words of similar meaning, or the negative thereof. Without limiting the generality of the foregoing, forward-looking statements contained in this report include the expectations of plans, strategies, objectives and growth, and anticipated financial, operational, and Environmental, Social, and Governance (ESG) performance of EQT Corporation and its operated subsidiaries (collectively, EQT), including with respect to EQT’s projected greenhouse gas (GHG) and methane emissions; GHG emissions reduction goals and the anticipated timing of achieving such goals, if at all; projected risks associated with climate change and a transition to a lower-carbon economy; the implementation and timing of new ventures and technologies, if at all, and the anticipated benefits of implementing such new ventures and technologies; air quality; water management; biodiversity impacts; community relations; workforce health and safety; reserves valuation, capital expenditures, and well costs; the projected benefits of EQT’s combo-development strategy; business ethics and transparency; management of the legal and regulatory environment; critical incident risk management; and asset safety and integrity.
The forward-looking statements included in this report involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. EQT has based these forward-looking statements on current expectations and assumptions about future events, taking into account all information currently known by EQT. While EQT considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks and uncertainties, many of which are difficult to predict and beyond EQT’s control. These risks and uncertainties include, but are not limited to: volatility of commodity prices; the costs and results of drilling and operations; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; the assumptions underlying production forecasts; the quality of technical data; EQT's ability to appropriately allocate capital and other resources among its strategic opportunities; access to and cost of capital; EQT's hedging and other financial contracts; inherent hazards and risks normally incidental to drilling for, producing, transporting, storing and processing natural gas, natural gas liquids and oil; operational risks and hazards incidental to the gathering, transmission and storage of natural gas as well as unforeseen interruptions; cyber security risks and acts of sabotage; availability and cost of drilling rigs, completion services, equipment, supplies, personnel, oilfield services and pipe, sand and water required to execute EQT's operational plans, including as a result of inflationary pressures or tariffs; risks associated with operating primarily in the Appalachian Basin; the ability to obtain environmental and other permits and the timing thereof; construction, business, economic, competitive, regulatory, judicial, environmental, political and legal uncertainties related to the development and construction by EQT or its joint ventures of pipeline and storage facilities and transmission assets and the optimization of such assets; EQT's ability to renew or replace expiring gathering, transmission or storage contracts at favorable rates, on a long-term basis or at all; risks relating to EQT's joint venture arrangements; government regulation or action, including regulations pertaining to methane and other GHG emissions; negative public perception of the fossil fuels industry; increased consumer demand for alternatives to natural gas; environmental and weather risks, including the possible impacts of climate change; and disruptions to EQT's business due to recently completed divestitures, acquisitions and other significant strategic transactions. These and other risks and uncertainties are described under the "Risk Factors" section and elsewhere in EQT Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, and in other documents EQT Corporation subsequently files from time to time with the Securities and Exchange Commission. In addition, EQT may be subject to currently unforeseen risks that may have a materially adverse impact on it.
Any forward-looking statement speaks only as of the date on which such statement is made, and except as required by law, EQT does not intend to correct or update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Materials are used within this report to describe issues for voluntary environmental, social, and governance reporting that EQT considers to be of high or medium importance in terms of stakeholder interest and potential business impact. Material for the purposes of this report should not, therefore, be read as equating to any use of such word in other EQT reports or filings. No part of this report should be taken to constitute an invitation or inducement to invest in EQT.
