Jefferies projects capital expenditures of approximately $675 million for the quarter, which is 2% below the guidance midpoint provided by the company. The firm noted that investor focus is likely to center on company strategy, Olympus integration, 2026 expectations, debt target timeline at current strip pricing, Mountain Valley Pipeline boost updates, and capital allocation strategy. Jefferies indicated that its estimates for EQT have been marked to market, resulting in the adjustment of the price target to $68.00. In other recent news, EQT Corporation has reported several significant developments. The company completed a public offering of approximately 18 million shares of Waystar Holding Corp., generating proceeds of about $705.8 million, with EQT receiving $304.5 million from selling its shares while retaining ownership of approximately 24.9 million shares. Additionally, an EQT affiliate completed a $344 million offering of Kodiak Gas Services shares, with Goldman Sachs serving as the underwriter.