EQT Corp

Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
881
Ticker
EQT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
EQT Corporation is a leading natural gas producer with significant operations in the Appalachian Basin, one of the richest natural gas fields in the United States. As a key player in the energy sector...

EQT Corp's GHG Emissions Data Preview

In 2023, EQT Corp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

EQT Corp has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind EQT Corp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore EQT Corp’s data sources below and access millions more through our Disclosure Search.

a. EQT Corp's ESG Report 2023
a. EQT Corp's ESG Report 2023

Insights into EQT Corp's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of EQT Corp amounted to 703,999 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of EQT Corp increased by 2.16%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

EQT Corp's Scope 1 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e-21%-13%+67%-37%-2%
  • Total Scope 1
  • Year-over-Year Change

What are EQT Corp's Scope 1 emissions?

In 2023, the total Scope 1 emissions of EQT Corp were 668,626 metric tons of CO₂ equivalent (tCO₂e). a

Has EQT Corp reduced its Scope 1 emissions over time?

Since 2018, EQT Corp's Scope 1 emissions have decreased by 28.79%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), EQT Corp's Scope 1 emissions decreased by 2.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are EQT Corp's Scope 2 emissions?

In 2023, EQT Corp reported Scope 2 greenhouse gas (GHG) emissions of 35,373 tCO₂e using the location-based method. a

Has EQT Corp reduced its Scope 2 emissions over time?

Compared to the previous year (2022), EQT Corp's Scope 2 emissions (Location-Based) rose by 568.17% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does EQT Corp use for Scope 2 reporting?

In 2023, EQT Corp reported its Scope 2 emissions using the location-based method. a

EQT Corp's Scope 2 Emissions Over Time

202020212022202309 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based

Insights into EQT Corp's Value Chain Emissions

In 2023, EQT Corp reported 105,263,123 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of EQT Corp includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

EQT Corp's Scope 3 Emissions Over Time

2020202120222023030 M60 M90 M120 MtCO2e+15%0%+4%
  • Total Scope 3
  • Year-over-Year Change

What are EQT Corp's Scope 3 emissions?

In 2023, EQT Corp reported total Scope 3 emissions of 105,263,123 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), EQT Corp's Scope 3 emissions remained relatively stable, indicating that EQT Corp 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does EQT Corp disclose?

In 2023, EQT Corp reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of EQT Corp's Scope 3 emissions?

In 2023, the largest contributors to EQT Corp's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 105,263,123 tCO₂e (100%)

EQT Corp's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into EQT Corp’s GHG Emissions Intensity Compared to Industry Peers

In 2023, EQT Corp reported Scope 1 greenhouse gas (GHG) emissions of 668,626 tCO₂e and total revenues of USD 5,070 millions. This translates into an emissions intensity of 131.88 tCO₂e per millions USD. a

EQT Corp's Scope 1 Emissions Intensity Compared to Peers

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Chord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$M

How does EQT Corp's GHG emissions intensity compare to its peers?

In 2023, EQT Corp reported a Scope 1 emissions intensity of 131.88 tCO₂e per millions USD. Compared to the peer group median of 283.13 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does EQT Corp rank on GHG emissions intensity within its industry?

In 2023, EQT Corp ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

EQT Corp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into EQT Corp's Total Carbon Footprint

In 2023, EQT Corp reported a total carbon footprint of 105,967,122 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to EQT Corp's total carbon footprint was Scope 3 emissions, accounting for 99.34% of the company's total carbon footprint, followed by Scope 1 emissions at 0.63%. a

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