These trends are explored in detail by Chess in his review of five leading gas producers' Q2 earnings calls. He notes that EQT Corporation (EQT) aims to be "lowly hedged if hedged at all", claiming that it can grow its business responsibly by at least 30 per cent over the coming years. Expand Energy Corporation (EXE) has been a more active hedger, but Chess identifies similar confidence in longer-term pricing, with the company "not overly concerned" with production levels, despite a spike in output over the summer.