| Schedule of Long-Term Debt Instruments |
The table below summarizes the Company's outstanding debt. | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | | Principal Value | | Carrying Value (a) | | Principal Value | | Carrying Value (a) | | | | | | | | | | | (Thousands) | | EQT's revolving credit facility maturing July 23, 2030 | $ | 52,000 | | | $ | 52,000 | | | $ | 75,000 | | | $ | 75,000 | | | Eureka's revolving credit facility maturing November 13, 2027 | 272,000 | | | 272,000 | | | 285,000 | | | 285,000 | | | EQT's senior notes and debentures: | | | | | | | | 3.125% notes due May 15, 2026 | — | | | — | | | 392,915 | | | 392,409 | | 7.75% debentures due July 15, 2026 | 115,000 | | | 114,959 | | | 115,000 | | | 114,710 | | 6.500% notes due July 1, 2027 | — | | | — | | | 344,921 | | | 346,255 | | 3.900% notes due October 1, 2027 | 533,809 | | | 533,191 | | | 936,158 | | | 934,640 | | 5.700% notes due April 1, 2028 | 500,000 | | | 496,037 | | | 500,000 | | | 494,905 | | 5.500% notes due July 15, 2028 | 45,225 | | | 45,120 | | | 45,225 | | | 45,060 | | 5.00% notes due January 15, 2029 | 318,494 | | | 316,780 | | | 318,494 | | | 316,448 | | 4.50% notes due January 15, 2029 | 299,560 | | | 291,457 | | | 734,583 | | | 710,802 | | 6.375% notes due April 1, 2029 | 48,989 | | | 49,447 | | | 596,725 | | | 602,840 | | 7.000% notes due February 1, 2030 (b) | 674,800 | | | 672,573 | | | 674,800 | | | 672,263 | | 7.500% notes due June 1, 2030 | 494,086 | | | 519,593 | | | 494,086 | | | 522,749 | | 4.75% notes due January 15, 2031 | 1,090,218 | | | 1,048,674 | | | 1,090,218 | | | 1,044,098 | | 3.625% notes due May 15, 2031 | 435,165 | | | 431,834 | | | 435,165 | | | 431,496 | | 5.750% notes due February 1, 2034 | 750,000 | | | 743,986 | | | 750,000 | | | 743,589 | | 6.500% notes due July 15, 2048 | 67,196 | | | 68,063 | | | 67,196 | | | 68,064 | | | Total debt | 5,696,542 | | | 5,655,714 | | | 7,855,486 | | | 7,800,328 | | | Less: Current portion of debt (c) | 115,000 | | | 114,959 | | | 507,915 | | | 507,119 | | | Long-term debt | $ | 5,581,542 | | | $ | 5,540,755 | | | $ | 7,347,571 | | | $ | 7,293,209 | |
(a)For EQT's and Eureka's revolving credit facilities, the principal value represents carrying value. For all other debt, the principal value less any applicable unamortized debt issuance costs, debt discounts and fair value adjustments represents carrying value. (b)Interest rates for EQT's 7.000% senior notes fluctuate based on changes to the credit ratings assigned to EQT's senior notes by Moody's, S&P and Fitch. For all other senior notes, interest rates do not fluctuate. (c)As of June 30, 2026, the current portion of debt included EQT's 7.75% debentures. As of December 31, 2025, the current portion of debt included EQT's 3.125% senior notes and 7.75% debentures.
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| Schedule of Debt Redeemed or Repurchased |
The Company repaid, redeemed or repurchased the following debt during the six months ended June 30, 2026. | | | | | | | | | | | | | | | | | | | | | | | | | | | | Debt Tranche | | Principal | | Premiums Paid (Discounts Received) | | Accrued but Unpaid Interest | | Total Cost | | | | | | | | | | | | (Thousands) | 6.500% notes due July 1, 2027 (a) | | $ | 344,921 | | | $ | 5,695 | | | $ | 5,293 | | | $ | 355,909 | | 3.900% notes due October 1, 2027 (b) | | 402,349 | | | (2,350) | | | 7,628 | | | 407,627 | | 4.50% notes due January 15, 2029 (b) | | 435,023 | | | (309) | | | 3,861 | | | 438,575 | | 6.375% notes due April 1, 2029 (b) | | 547,736 | | | 17,550 | | | 16,974 | | | 582,260 | | 3.125% notes due May 15, 2026 (c) | | 392,915 | | | — | | | 6,139 | | | 399,054 | | | Total | | $ | 2,122,944 | | | $ | 20,586 | | | $ | 39,895 | | | $ | 2,183,425 | |
(a)On March 10, 2026, the Company issued a notice of full redemption to holders of EQT's outstanding 6.500% senior notes due July 1, 2027, and, on March 26, 2026, the Company redeemed such notes in full. (b)On March 10, 2026, the Company announced the commencement of a tender offer to purchase for cash (the Tender Offer) certain of its outstanding senior notes. On March 26, 2026, the Company settled the Tender Offer, repurchasing approximately $1.4 billion aggregate principal amount of EQT's senior notes. (c)Repaid at maturity.
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