Subtext

EQT Corporation EQT

SectorEnergy
Transcripts7
Date range2023-10-26 – 2025-04-23
Calls charted7

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-11-6+0+6+112023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q3 · Overall: +9.92023 Q4 · Overall: +1.82024 Q1 · Overall: +4.32024 Q2 · Overall: +4.92024 Q3 · Overall: +1.82024 Q4 · Overall: +6.02025 Q1 · Overall: +8.9
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-22-11+0+11+222023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q3 · CEO: +17.92023 Q4 · CEO: +11.32024 Q1 · CEO: +15.12024 Q2 · CEO: +15.82024 Q3 · CEO: +13.52024 Q4 · CEO: +13.82025 Q1 · CEO: +19.42023 Q3 · CFO: +4.42023 Q4 · CFO: +0.32024 Q1 · CFO: +5.42024 Q2 · CFO: +2.02024 Q3 · CFO: -1.52024 Q4 · CFO: +2.42025 Q1 · CFO: +2.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-15-8+0+8+152023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q3 · Prepared remarks: +10.92023 Q4 · Prepared remarks: +11.82024 Q1 · Prepared remarks: +3.72024 Q2 · Prepared remarks: +13.12024 Q3 · Prepared remarks: +10.82024 Q4 · Prepared remarks: +7.32025 Q1 · Prepared remarks: +4.92023 Q3 · Q&A responses: +10.52023 Q4 · Q&A responses: -3.62024 Q1 · Q&A responses: +10.02024 Q2 · Q&A responses: +2.92024 Q3 · Q&A responses: -1.32024 Q4 · Q&A responses: +6.62025 Q1 · Q&A responses: +12.0
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.25$3.07$3.902023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q3: $3.782023 Q4: $3.762024 Q1: $2.562024 Q2: $2.372024 Q3: $2.50

Forward P/E

9.4113.0316.652023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12023 Q3: 11.352023 Q4: 9.912024 Q1: 13.302024 Q2: 16.152024 Q3: 13.44

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2024 Q1 tone ↑ +2.5 fwd EPS ↓ -1.20 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↓ -3.1 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-23+8.9——View →
2024 Q42025-02-19+6.0——View →
2024 Q32024-10-30+1.8$2.5013.4View →
2024 Q22024-07-24+4.9$2.3716.1View →
2024 Q12024-04-24+4.3$2.5613.3View →
2023 Q42024-02-14+1.8$3.769.9View →
2023 Q32023-10-26+9.9$3.7811.3View →