EQT Targets AI Data Center Power Demand in Southwest PA

EQT Corporation delivered its latest quarterly update yesterday for the first quarter of 2026. EQT sees the materialization of "in-basin demand growth" improving Appalachian market conditions through the end of the decade. The company says it is positioned as a preferred partner for large-scale power, midstream, and data center projects in the region. EQT plans to continue drilling and completing a significant number of wells throughout 2026, indicating ongoing development in the Marcellus and Utica regions. However, the company is curtailing (restricting) 10-15 Bcf (billion cubic feet) of production during the second quarter due to current low prices.

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