
Valued at $40.4 billion by market cap, EQT Corporation (EQT) is the largest natural gas producer in the United States, focused on the exploration and production of natural gas in the Appalachian Basin, particularly the Marcellus and Utica shales. The Pittsburgh, Pennsylvania-based company operates a scale-driven, low-cost model, supported by its extensive resource base and vertically integrated midstream infrastructure, which enhances efficiency and margins.
Companies worth $10 billion or more are generally described as "large-cap stocks." EQT fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the energy sector.