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EQT Corporation

Produces natural gas via integrated operations

Geology Intern

Summer 2026
No salary listed
Internship
Master's
Canonsburg, PA, USA
HybridHybrid work is available in the Pittsburgh or Houston areas.
Academic & Institutional ResearchPhysical Sciences

About the job

Requirements
  • A minimum GPA of 3.5.
  • Currently pursuing and enrolled in a Master's program in Geology, Geoscience, Geological Engineering, or a related field.
  • Strong interest in applied geology, subsurface interpretation, and the energy industry.
  • Strong analytical and problem-solving skills with an interest in working with geologic and quantitative datasets.
  • Ability to organize information, recognize geologic relationships, and communicate technical observations and conclusions.
  • Proficiency with Microsoft Office.
  • Strong communication skills and an ability to work independently and as part of a multidisciplinary team.
  • Curiosity and willingness to learn new geologic concepts, datasets, and technical workflows.
Responsibilities
  • Work with geologists and other technical disciplines to evaluate subsurface questions and develop geologic interpretations.
  • Assist with development and operations geology, including well planning, drilling results, and post-well evaluations.
  • Analyze well logs, drilling information, and other subsurface datasets to identify geologic trends and relationships.
  • Perform stratigraphic correlations and develop maps, cross sections, and other geologic interpretations.
  • Contribute to reservoir characterization studies focused on understanding geologic variability and its impact on development.
  • Support ongoing investigation of the stratigraphic and reservoir relationships between the Marcellus and Geneseo.
  • Organize, consolidate, and quality-control geologic information to make existing datasets more accessible and useful for future technical work.
  • Develop a technical project or analysis and communicate findings to the Geology Team and other stakeholders.
  • Participate in technical discussions with geologists, geophysicists, reservoir engineers, drilling teams, and other disciplines.
  • Gain exposure to additional areas of subsurface work, which may include exploration, CCUS, geophysics, or other geologic programs based on project needs.
Desired Qualifications
  • Coursework in stratigraphy, sedimentology, structural geology, petroleum geology, or petrophysics.
  • Experience with geologic interpretation, GIS, mapping, data analytics, or visualization software.

About the company

EQT Corporation is the largest-scale, vertically integrated natural gas producer in the United States, with operations in Pennsylvania, West Virginia, and Ohio. It develops natural gas fields in the Appalachian Basin, processes the gas, and delivers it to customers through its own supply chain, aiming to provide affordable and reliable energy. Its vertical integration—from exploration to delivery—lets EQT control costs and reliability end-to-end, setting it apart from non-integrated producers. The company’s goal is to create long-term value for employees, landowners, communities, partners, and investors while providing cleaner energy to the world.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Cecil Township, Pennsylvania

Founded

1888

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Simplify's Take

What believers are saying

  • EQT raised 2026 production guidance 90 Bcfe and cut capex $25 million on July 21.
  • EQT signed a five-year Asian LNG offtake and a ten-year CPV supply deal.
  • Southgate acceleration and Blackline Midstream add cash flow, vertical integration, and New England terminals.

What critics are saying

  • Natural-gas prices still drive earnings; Q2 2026 revenue fell 29% on weaker realizations.
  • Appalachian concentration leaves EQT exposed to Marcellus pipeline constraints and regional regulatory shocks.
  • Toby Rice sold 175,328 shares on August 14, 2026; insider confidence looks thin.

What makes EQT Corporation unique

  • EQT controls America’s largest natural-gas position, anchored in low-cost Appalachian acreage.
  • Compression investments and midstream ownership lift output, cut declines, and reduce basis losses.
  • Minimal hedging lets Toby Rice capture price spikes better than peers.

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Benefits

  • Remote Work Options
  • Hybrid Work Options
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
Yahoo Finance
Oct 19th, 2026
EQT raises dividend to $0.17 as free cash flow covers payout 4.4 times despite $2.89 gas

EQT raised its quarterly dividend 3% to $0.17 per share from $0.165, the board announced on October 14, 2026. The annualised rate of $0.68 gives a forward yield of about 1.27% at a share price of $53.62. Free cash flow covered the payout about 4.4 times in the second quarter of 2026, even as NYMEX gas fell to $2.89/MMBtu. In 2025, free cash flow of $2.50B covered dividends of $389.6 million about 6.4 times. Total debt fell to $5.66B from $7.80B, close to the company's $5 billion net debt target. Management said buybacks, not dividends, will get most extra cash. A 10-year power supply deal and an LNG agreement starting in 2028 could add about $145M a year to free cash flow.

Yahoo Finance
Oct 19th, 2026
Marvell, Curtiss-Wright and EQT: three stocks beating the market with up to 283% returns

Three stocks stand out for sustained growth, rising margins and strong returns: Marvell Technology, Curtiss-Wright and EQT. Marvell (NASDAQ: MRVL), a fabless designer of data processing and networking chips, has returned 235% over five years. Its revenue grew 33.8% a year over the last two years, and projected growth for the next 12 months is 65.4%. The stock trades at $227.15, or 42.7x forward P/E. Curtiss-Wright (NYSE: CW), which serves aerospace, industrial, electronic, and maritime industries, has returned 283%. Revenue grew 10.2% a year over two years, and buybacks lifted earnings per share faster than sales. It trades at $501.54, or 31.1x forward P/E. EQT (NYSE: EQT), the largest US natural gas producer by daily volume, has returned 168%. Its free cash flow margin is 30.8%, and it trades at $54.24, or 17.4x forward P/E.

Yahoo Finance
Jul 22nd, 2026
EQT rallies 8.5% despite Q2 miss as gas driller raises production to 2.45 Tcfe, cuts costs, secures major supply deals

EQT Corporation's shares surged 8.5% on Wednesday despite missing second-quarter earnings estimates. Revenue fell 29% to $1.81 billion, missing forecasts by $30 million, while adjusted earnings per share declined 13% to $0.39. However, the natural gas driller announced several positive developments. The company raised its full-year production guidance to 2.38-2.45 trillion cubic feet whilst simultaneously cutting capital expenditure guidance by $25 million. Management also unveiled significant new supply agreements, including a 10-year deal with Competitive Power Ventures' Shay Energy Center and a five-year liquefied natural gas offtake agreement with an Asian power company for 500,000 metric tons annually. These long-term contracts and improved cost efficiency appeared to offset concerns about lower natural gas prices, driving investor optimism.

Yahoo Finance
Jul 22nd, 2026
EQT boosts production 90 Bcfe, cuts capex $25M as efficiency gains drive Q2 beat

EQT Corp raised its 2026 production forecast by approximately 90 Bcfe to 2,375–2,450 Bcfe whilst reducing capital spending by $25 million to $2.04–$2.19 billion. The adjustments follow stronger well performance and operational efficiencies that boosted second-quarter output. The US natural gas producer reported second-quarter sales of 634 Bcfe, exceeding forecasts, whilst capital expenditure totalled $666 million, 9% below guidance. Free cash flow reached $330 million. EQT signed a 10-year supply agreement with Competitive Power Ventures for 325,000 Dth/d of natural gas and secured a five-year LNG offtake agreement with an Asian energy company beginning in 2028, expected to increase annual free cash flow by approximately $45 million. The company completed a $77 million acquisition of Blackline Midstream, adding two propane terminals in New England.

Yahoo Finance
Jul 13th, 2026
Joby Aviation, EQT, and X-Energy hit 52-week lows on investor concerns over high costs and lengthy commercialisation

Joby Aviation, EQT, and X-Energy hit 52-week lows on Friday as investors retreated from capital-intensive companies facing uncertain growth timelines. Joby Aviation fell to $7.67, down nearly 50% over six months, amid concerns about high development costs. The company raised $1.2 billion earlier this year through share sales and convertible notes, sparking dilution worries. First-quarter revenue of $24 million beat expectations, but losses reached $110 million due to certification and manufacturing expenses. EQT dropped to $47.94 as weak natural gas prices, elevated inventories, and mild weather pressured the sector ahead of its 21 July earnings report. X-Energy slid to a record low of $15.25, weighed down by mounting losses, project delays, and heavy spending requirements.