首席执行官托比·赖斯 (Toby Rice) 表示， 2025 年上半年，美国东北部耗电项目数量成倍增加，其需求水平令天然气巨头EQT感到意外。

在7月23日举行的公司第二季度财报电话会议上，这家天然气运营商的负责人指出，电力行业客户已排队等候约15亿立方英尺/天的天然气。而该公司此前的指引预测为10亿立方英尺/天。

“所以，实际上，这里有两件事，”赖斯说，“要么我们严重低估了这个机会的规模，要么我们过度发挥了抓住这些机会的能力。有一件事是肯定的——这是一个良好的开端。”

EQT 第二季度报告调整后每股收益 (EPS) 为 0.45 美元，营收为 25.6 亿美元，超过市场预期的调整后每股收益 0.40 美元和营收 17.5 亿美元。

Motley Fool 的蒂莫西·格林 (Timothy Green) 在分析中表示，该公司在较低的资本支出下以较高的产量超出了预期。

过去三个月，该公司因其在阿巴拉契亚市场的举动而备受关注。7月1日，该公司以18亿美元完成了对奥林巴斯能源（Olympus Energy）的收购，这使得殷拓集团2025年的整体产量目标提高了1000亿立方英尺。

该公司即将与荷马城重建项目达成一项为期 20 年的供应协议，该项目将成为美国最大的天然气发电厂。这项价值 150 亿美元的交易在 7 月 15 日特朗普总统出席的宾夕法尼亚州能源与创新峰会上进行了介绍。

赖斯在电话会议上表示，殷拓预计到 2029 年阿巴拉契亚地区的天然气需求将增长近 30 亿立方英尺/天。除了电力项目外，该公司在其他领域的增长也将继续。

EQT 计划通过压缩项目将山谷管道的产能扩大 500 MMcf/d，并延长即将实施的 South Gate 项目。

TD Cowen在一份分析报告中指出，该公司第三季度的拟议资本支出为6.88亿美元，比市场预期高出约8%。然而，EQT在其收益摘要中指出，由于效率提升，该公司2025年的整体资本支出将保持稳定。

Power-hungry projects in the northeast U.S. multiplied in the first half of 2025, surprising natural gas major EQT by the level of demand, CEO Toby Rice said.

During the company’s second-quarter earnings call on July 23, the head of the natural gas operator noted that power sector customers had lined up for about 1.5 Bcf/d of natural gas. The company’s earlier guidance had forecast 1 Bcf/d.

“So, really, two things here,” Rice said. “Either we've significantly underestimated the size of this opportunity, or we are over executing on our ability to capture these opportunities. One thing is for sure—this is a good first step.”

In the second quarter, EQT reported an adjusted earnings per share (EPS) of $0.45 and a revenue of $2.56 billion, beating market estimates of $0.40 adjusted EPS and $1.75 billion in revenue.

The company beat expectations with high production levels on lower capital spending, said Timothy Green of Motley Fool in an analysis.

During the last three months, the company made headlines for its moves in the Appalachian market. The company closed its $1.8 billion acquisition of Olympus Energy on July 1, which raised EQT’s overall 2025 production guidance by 100 Bcf.

The company is finishing a 20-year supply deal with the Homer City redevelopment project, which will be the largest natural gas power plant built in the U.S. The $15 billion deal was featured during the Pennsylvania Energy and Innovation Summit, attended by President Trump on July 15.

During the call, Rice said EQT sees almost 3 Bcf/d of natural gas demand growth coming to Appalachia by 2029. Besides power projects, the company continues to see growth in other sectors.

EQT plans to both expand the capacity on the Mountain Valley Pipeline by 500 MMcf/d with a compression project and lengthen the upcoming South Gate Project.

For the third quarter, the company’s proposed capex is set for $688 million, about 8% higher than market estimates, TD Cowen reported in an analysis. However, the company’s overall capex for 2025 remained level, thanks to efficiency gains, EQT reported in its earnings summary.