EQT's Q2 Miss: Gas Prices Fell, So Did Profits

EQT, America's biggest independent gas producer, missed Q2 2026 profit forecasts. The cause: gas futures dropped 17.5% year over year to $3.020 per MMBtu, Reuters reported. The problem was price, not production. With gas at $2.88 on July 22, rival companies' results will likely depend on what they sell gas for, not how much they pump.