EQT raises production outlook, trims capex guidance

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1. 1EQT (EQT) raised its 2026 production guidance and lowered its capex guidance, buoyed by strong second-quarter production
2. 2Boosted annual production guidance by about 90 Bcfe to 2,375–2,450 Bcfe, and cut maintenance capex by $25 million to $2.04–$2.19 billion
3. 3Second-quarter net income fell from $784 million a year earlier to $211 million, while the company strengthened its commercial portfolio through CPV and Asian LNG supply contracts and the acquisition of Blackline Midstream

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