EQT Corp (EQT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
EQT currently has 625M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 37.88% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Oct 22, 2025 |
10-Q filing | 624.5M shares outstanding |
620M | 0 |
| Jul 23, 2025 |
10-Q filing | 602.9M shares outstanding |
600M | 0 |
| Jul 01, 2025 |
8-K filing: EQT issued 25,229,166 shares of its common stock to the Sellers as partial consideration for the Olympus Energy Acquisition. |
600M | 0 |
| Apr 23, 2025 |
10-Q filing | 598.0M shares outstanding |
600M | 0 |
| Apr 22, 2025 |
8-K filing: EQT Corporation will issue 26,031,237 shares of its common stock to Olympus Energy LLC, Hyperion Midstream LLC and Bow& Arrow Land Company LLC as partial consideration for the Acquisition, subject to closing adjustments. |
600M | 0 |
| Feb 19, 2025 |
10-K filing | 597.4M shares outstanding |
600M | 0 |
| Nov 26, 2024 |
8-K filing: EQM Midstream Partners, LP contributed assets to a joint venture in exchange for 364,285,715 Class A Units, while an affiliate of Blackstone Credit & Insurance contributed $3.5 billion in cash for 350,000,000 Class B Units. ($3500.0M proceeds) |
560M | 0 |
| Oct 30, 2024 |
10-Q filing | 559.6M shares outstanding |
560M | 0 |
| Jul 24, 2024 |
10-Q filing | 442.0M shares outstanding |
440M | 0 |
| May 16, 2024 |
8-K filing: EQT Corporation consummated the acquisition of upstream oil and gas assets by issuing 49,599,796 shares of EQT common stock and approximately $2.4 billion in cash. |
440M | 0 |
| Apr 24, 2024 |
10-Q filing | 439.5M shares outstanding |
440M | 0 |
| Feb 14, 2024 |
10-K filing | 413.2M shares outstanding |
410M | 0 |
| Jan 17, 2024 |
8-K filing: EQT Corporation entered into a Third Amendment to Credit Agreement and updates information regarding EQT's redemption of all of its outstanding 1.75% Convertible Senior Notes due 2026, with 19,992,482 shares of EQT's common stock issued upon conversion of $289,594,000 aggregate principal amount of Convertible Notes. |
420M | 0 |
| Oct 26, 2023 |
10-Q filing | 416.2M shares outstanding |
420M | 0 |
| Aug 22, 2023 |
8-K filing: EQT Corporation completed the acquisition of THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC in exchange for $2.6 billion in cash and 55.0 million shares of EQT common stock. |
360M | 0 |
| Aug 16, 2023 |
8-K filing: EQT expects to complete the acquisition of THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC's assets within the next seven business days after resolving the FTC review and agreeing to certain conditions, including Quantum Energy Partners selling the 55.0 million shares of EQT common stock received from the Sellers. |
360M | 0 |
| Jul 26, 2023 |
10-Q filing | 362.0M shares outstanding |
360M | 0 |
| Apr 27, 2023 |
10-Q filing | 361.5M shares outstanding |
360M | 0 |
| Feb 16, 2023 |
10-K filing | 370.0M shares outstanding |
370M | 0 |
| Oct 27, 2022 |
10-Q filing | 370.0M shares outstanding |
370M | 0 |
| Jul 28, 2022 |
10-Q filing | 369.9M shares outstanding |
370M | 0 |
| Apr 28, 2022 |
10-Q filing | 374.1M shares outstanding |
370M | 0 |
| Feb 10, 2022 |
10-K filing | 376.0M shares outstanding |
380M | 0 |
| Nov 23, 2021 |
8-K filing: Selling shareholders of EQT Corporation completed an offering of 12,619,736 shares of common stock at a price of $20.50 per share. |
360M | 0 |
| Oct 28, 2021 |
10-Q filing | 356.8M shares outstanding |
360M | 0 |
| Oct 01, 2021 |
8-K filing: On October 1, 2021, certain shareholders of EQT sold 25,930,000 shares of EQT's common stock at a price of $20.00 per share, and underwriters exercised an option to purchase an additional 3,889,500 shares of common stock, which closed concurrently with the offering. |
380M | 0 |
| Jul 29, 2021 |
10-Q filing | 378.0M shares outstanding |
380M | 0 |
| May 07, 2021 |
8-K filing: EQT Corporation entered into a Purchase Agreement to acquire Alta Resources Development, LLC, which includes the issuance of 105,306,346 shares of EQT Corporation common stock to the Seller. ($1925.0M proceeds) |
280M | 0 |
| May 06, 2021 |
10-Q filing | 278.9M shares outstanding |
280M | 0 |
| Feb 17, 2021 |
10-K filing | 278.9M shares outstanding |
280M | 0 |
| Nov 03, 2020 |
8-K filing: EQT Corporation entered into an Underwriting Agreement for the offer and sale of $350 million in aggregate principal amount of its 5.00% senior notes due 2029, and certain of the Underwriters acted as underwriters in EQT's recently completed offering of 20,000,000 shares of EQT's common stock, which closed on October 30, 2020. |
260M | 0 |
| Oct 30, 2020 |
8-K filing: EQT Corporation closed an offering of 20,000,000 shares of common stock at a price of $15.50 per share, resulting in net proceeds of approximately $296.8 million, which will be used to fund a portion of the purchase price of the pending acquisition of upstream and midstream assets from Chevron U.S.A. Inc. ($296.8M proceeds) |
260M | 0 |
| Oct 22, 2020 |
10-Q filing | 255.6M shares outstanding |
260M | 0 |
| Jul 27, 2020 |
10-Q filing | 255.5M shares outstanding |
260M | 0 |
| May 07, 2020 |
10-Q filing | 255.4M shares outstanding |
260M | 0 |
| Mar 05, 2020 |
8-K filing: EQT Corporation completed the sale of 4,769,496 shares of Equitrans Midstream Corporation common stock to ETRN for approximately $46 million in cash and the sale of 20,530,256 shares of ETRN common stock to ETRN for a promissory note representing approximately $196 million and cash of approximately $7 million. ($249.0M proceeds) |
260M | 0 |
| Feb 27, 2020 |
10-K filing | 255.1M shares outstanding |
260M | 0 |