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EQT Streamlining Natural Gas Growth with Deals, Tech and Midstream Edge

Natural Gas Intelligence · last updated

When Sarah Fenton looks back at her unconventional career path, she laughs at how it set her up for the job she holds today. Before overseeing a $2 billion upstream budget and more than 8 Bcf/d of production for EQT Corp., she brewed beer at Anheuser-Busch and designed parts for Nintendo’s GameCube at IBM. Those detours may seem unlikely, but she said they gave her a unique way of thinking about efficiency, design and innovation.

Table ranking the Top 2Q2025 publicly traded U.S. natural gas producers in positions 41 through 55, measured in million cubic feet per day (MMcf/d). Baytex Energy leads this group at 96 MMcf/d, followed by Murphy Oil at 86 MMcf/d, and San Juan Royalty Trust at 78 MMcf/d. The chart highlights quarter-over-quarter and year-over-year percentage changes, with several producers such as Sabine Royalty Trust and SandRidge Energy showing steep declines, while others like Ring Energy and Berry Corp. report modest growth. The total output for these 15 companies is listed at 52,115 MMcf/d, essentially flat from the previous quarter. Data sourced from NGI, company filings, and Bloomberg.

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