EQT Stock Surges on Landmark LNG Deal with Sempra Cements 274th Trading Volume Rank

On August 28, 2025, EQT Corporation (EQT) rose 1.97% with a trading volume of $0.39 billion, ranking 274th in market activity. The stock’s performance was driven by a landmark 20-year LNG supply agreement with Sempra Infrastructure, a subsidiary of Sempra. The deal secures 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from Sempra’s Port Arthur LNG Phase 2 project, with pricing tied to Henry Hub benchmarks. This agreement aligns with EQT’s strategy to connect Appalachian gas resources to global markets, reinforcing its role in expanding U.S. LNG exports.

The partnership builds on Sempra’s recent commercial progress, including a 1.5 Mtpa offtake contract with Japan’s JERA in July and a 4 Mtpa deal with ConocoPhillips earlier in August. These agreements collectively advance the Port Arthur LNG Phase 2 project toward a final investment decision (FID) in 2025. Phase 2 is projected to add two liquefaction trains, doubling the facility’s capacity to 26 Mtpa, with Phase 1 expected to begin operations in 2027. Regulatory approvals, including FERC and U.S. Department of Energy authorizations, have already been secured.

EQT’s leadership emphasized the strategic significance of the deal, with CEO Toby Rice highlighting its contribution to global energy security and lower-carbon solutions. Sempra Infrastructure CEO Justin Bird noted the project’s potential to strengthen U.S. energy exports and support local economic development. The Port Arthur LNG facility, once fully operational, could emerge as a major U.S. export hub, positioning both companies to capitalize on global demand for stable LNG supplies amid market volatility.

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