EQT Stock Income Statements

EQT Quarterly Income Statements Chart

Quarterly

Annual

Revenue

Operating Profit

Net Income

EQT Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2002-09-30	2002-06-30	2001-12-31

operating revenues:
sales of natural gas, natural gas liquids and oil	1,700,499,000	2,244,727,000	1,641,192,000	1,099,752,000	889,517,000	1,303,905,000	1,364,202,000	1,001,883,000	848,325,000	1,830,358,000	2,568,139,000	3,694,194,000	3,365,211,000	2,486,624,000	2,811,115,000	1,784,050,000	1,077,904,000	1,130,951,000	837,334,000	598,992,000	498,772,000	715,201,000
gain on derivatives	719,964,000	-678,919,000	-183,543,000	66,816,000	61,333,000	106,511,000	671,797,000	177,906,000	164,386,000	824,852,000
pipeline and other	137,256,000
total operating revenues	2,557,719,000	1,739,850,000	1,624,727,000	1,283,802,000	952,512,000	1,412,268,000	2,042,999,000	1,186,102,000	1,018,751,000	2,661,071,000	3,479,828,000	2,069,463,000	2,527,508,000	-579,110,000	3,839,694,000	-1,464,838,000	-260,116,000	949,923,000	1,252,585,000	172,127,000	527,074,000	1,107,057,000	1,011,483,000	951,576,000	1,310,252,000	1,143,173,000	910,744,000	1,158,870,000	1,054,671,000	1,433,583,000	1,129,286,000	660,313,000	690,893,000	897,523,000	379,022,000	556,726,000	127,531,000	545,069,000	620,800,000	577,015,000	433,174,000	708,773,000
yoy	168.52%	23.20%	-20.47%	8.24%	-6.50%	-46.93%	-41.29%	-42.69%	-59.69%	-559.51%	-9.37%	-241.28%	-1071.68%	-160.96%	206.54%	-951.02%	-149.35%	-14.19%	23.84%	-81.91%	-59.77%	-3.16%	11.06%	-17.89%	24.23%	-20.26%	-19.35%	75.50%	52.65%	59.73%	197.95%	18.61%	441.75%	64.66%	-38.95%	-3.52%	-70.56%	-23.10%
qoq	47.01%	7.09%	26.56%	34.78%	-32.55%	-30.87%	72.24%	16.43%	-61.72%	-23.53%	68.15%	-18.12%	-536.45%	-115.08%	-362.12%	463.15%	-127.38%	-24.16%	627.71%	-67.34%	-52.39%	9.45%	6.30%	-27.37%	14.62%	25.52%	-21.41%	9.88%	-26.43%	26.95%	71.02%	-4.43%	-23.02%	136.80%	-31.92%	336.54%	-76.60%	-12.20%	7.59%	33.21%	-38.88%
operating expenses:
transportation and processing	389,116,000	378,209,000	386,523,000	440,845,000	543,067,000	545,181,000	564,326,000	554,788,000	523,162,000	514,984,000	520,076,000	541,092,000	539,704,000	516,104,000	537,468,000	494,897,000	464,016,000	445,784,000	437,573,000	427,691,000	405,636,000	439,834,000	438,580,000	437,942,000	436,984,000	439,246,000	1,120,404,000	186,407,000	200,050,000	190,140,000	155,096,000	136,219,000	134,818,000	133,706,000	114,534,000	89,883,000	84,207,000	77,193,000	87,639,000	65,033,000	62,942,000	59,734,000	56,184,000	49,121,000	51,723,000
production	91,518,000	88,438,000	103,965,000	93,842,000	102,187,000	102,319,000	84,629,000	67,093,000	55,038,000	47,940,000	65,632,000	81,785,000	82,556,000	71,012,000	72,680,000	57,823,000	47,546,000	47,230,000	37,024,000	39,670,000	38,329,000	40,380,000	36,240,000	37,821,000	36,316,000	43,408,000	46,304,000	42,751,000	47,881,000	60,123,000	52,925,000	39,630,000	44,393,000	45,789,000	88,828,000	26,058,000	33,044,000	26,896,000	28,312,000	32,505,000	31,492,000	31,356,000	35,826,000	33,840,000	31,882,000	31,940,000	27,379,000	28,076,000	27,747,000	24,889,000	23,359,000	23,201,000	22,572,000	27,023,000	20,127,000	24,908,000	19,765,000	16,111,000	20,570,000	15,261,000	16,739,000	16,800,000	17,424,000	16,153,000	14,860,000	15,020,000	20,103,000	23,076,000	20,369,000	16,520,000	13,627,000	16,009,000	16,125,000	16,512,000	15,308,000	16,176,000	15,670,000	16,119,000	16,960,000	15,327,000	15,026,000	14,170,000	10,687,000	11,111,000	11,389,000	10,087,000
operating and maintenance	53,983,000	47,297,000	44,569,000	40,518,000
exploration	1,273,000	1,051,000	159,000	282,000	1,378,000	916,000	728,000	447,000	1,203,000	952,000	568,000	357,000	1,741,000	772,000	1,180,000	20,495,000	1,779,000	949,000	525,000	3,160,000	876,000	923,000	867,000	3,492,000	1,857,000	1,007,000	-35,293,000	15,772,000	21,182,000	5,104,000	16,078,000	2,436,000	3,481,000	3,122,000	4,025,000	2,671,000	3,591,000	3,123,000	29,817,000	8,177,000	11,422,000	12,554,000	9,239,000	3,606,000	7,452,000	1,419,000	3,359,000	5,256,000	6,138,000	3,730,000	5,492,000	1,163,000	1,887,000	1,828,000	1,545,000	814,000	1,198,000	1,375,000	2,014,000	941,000	1,078,000	1,335,000	5,653,000	4,526,000	4,414,000	3,311,000	4,163,000	3,508,000	838,000	555,000
selling, general and administrative	81,586,000	91,464,000	107,994,000	88,470,000	67,207,000	73,053,000	67,172,000	56,942,000	60,163,000	51,894,000	57,042,000	67,231,000	59,276,000	69,096,000	52,343,000	49,113,000	49,853,000	45,006,000	40,160,000	56,330,000	43,341,000	34,938,000	38,444,000	79,376,000	86,208,000	48,978,000	88,392,000	65,400,000	77,813,000	52,615,000	56,427,000	77,170,000	57,009,000	72,058,000	76,122,000	61,384,000	77,299,000	57,942,000	56,510,000	60,633,000	65,404,000	67,378,000	68,752,000	57,131,000	63,283,000	48,968,000	38,477,000	52,944,000	60,930,000	48,498,000	58,896,000	51,481,000	41,778,000	42,942,000	47,722,000	44,745,000	40,936,000	38,891,000	37,590,000	34,333,000	44,416,000	39,212,000	51,466,000	59,906,000	35,581,000	29,750,000	44,900,000	-38,199,000	32,654,000	71,741,000	51,387,000	32,198,000	45,483,000	66,297,000	35,292,000	32,904,000	28,050,000	29,705,000	21,175,000	53,017,000	36,735,000	30,121,000	49,933,000	24,177,000	46,631,000	32,752,000	126,030,000	190,000	170,000
depreciation, depletion and amortization	623,471,000	620,775,000	620,319,000	589,299,000																										437,893,000	358,264,000	246,560,000	240,817,000	231,918,000	244,972,000	237,088,000	224,629,000	221,231,000	219,425,000	208,227,000	196,819,000	194,745,000	194,390,000	175,578,000	157,219,000	152,111,000	159,791,000	175,648,000	168,577,000	149,116,000	144,301,000	131,611,000	115,681,000	107,525,000	91,670,000	87,343,000	81,886,000	78,398,000	74,641,000	68,548,000	65,217,000	61,879,000	55,595,000	49,706,000	46,188,000	44,589,000	39,731,000	34,269,000	32,051,000	30,765,000	27,876,000	26,907,000	27,592,000	27,427,000	25,959,000	25,149,000	24,797,000	24,217,000	23,207,000	23,505,000	23,376,000	23,439,000	17,877,000	21,809,000	21,610,000	21,767,000	-29,692,862,000	10,301,000,000	9,711,000,000
gain on sale/exchange of long-lived assets	2,990,000		-77,466,250	10,117,000			-369,000	1,511,000		16,528,000	-613,750	-265,000	-981,000	-1,209,000
impairment and expiration of leases	3,254,000	2,661,000	38,405,000	12,095,000	37,659,000	9,209,000	87,131,000	6,419,000	5,325,000	10,546,000	79,070,000	20,497,000	47,048,000	29,991,000	228,335,000	41,109,000	25,634,000	16,757,000	161,192,000	50,449,000	41,279,000	53,768,000
other operating expenses	176,490,000	13,474,000	-4,473,000	290,174,000	52,190,000	11,973,000	14,778,000	36,209,000	13,394,000	19,662,000	18,379,000	15,485,000	7,120,000	16,347,000	16,629,000	38,766,000	5,225,000	9,443,000
total operating expenses	1,423,681,000	1,243,600,000	843,282,000	1,565,642,000	949,541,000	1,229,548,000	1,320,282,000	1,170,295,000	1,053,744,000	1,050,191,000	1,160,052,000	1,144,877,000	1,165,607,000	1,309,156,000	1,382,347,000	1,144,688,000	957,525,000	941,078,000	1,106,502,000	932,322,000	913,986,000	983,699,000	2,473,550,000	1,113,105,000	1,014,222,000	967,717,000	2,142,145,000	1,087,046,000	954,702,000	3,157,099,000	914,437,000	522,619,000	501,099,000	506,879,000	576,513,000	448,269,000	452,023,000	417,868,000	575,509,000	406,960,000	400,140,000	394,014,000	659,261,000	347,220,000	339,146,000	304,834,000	182,153,000	336,050,000	348,797,000	360,025,000	338,797,000	278,109,000	256,400,000	297,774,000	325,790,000	201,879,000	195,830,000	258,044,000	236,563,000	169,153,000	178,986,000	267,527,000	230,818,000	178,425,000	170,526,000	124,260,000	153,862,000	52,987,000	114,524,000	145,173,000	122,103,000	100,716,000	114,768,000	137,680,000	106,927,000	99,511,000	90,975,000	93,645,000	85,112,000	114,740,000	107,318,000	91,573,000	106,531,000	78,082,000	99,901,000	83,304,000	-84,097,646,000	29,340,000,000	27,317,000,000
operating income	1,134,038,000	496,250,000	781,445,000	-281,840,000	2,971,000	182,720,000	722,717,000	15,807,000	-34,993,000	1,610,880,000	2,319,776,000	924,586,000	1,361,901,000	-1,888,266,000	2,457,347,000	-2,609,526,000	-1,217,641,000	8,845,000	146,083,000	-760,195,000	-386,912,000	123,358,000	-1,462,067,000	-161,529,000	296,030,000	175,456,000	-1,231,401,000	71,824,000	99,969,000	-1,723,516,000	214,849,000	137,694,000	189,794,000	390,644,000	-189,466,000	108,457,000	-324,492,000	127,201,000	45,291,000	170,055,000	33,034,000	314,759,000	40,330,000	231,503,000	224,771,000	356,791,000	114,126,000	170,548,000	171,295,000	198,635,000	150,067,000	85,761,000	81,404,000	153,296,000	375,681,000	134,841,000	153,170,000	197,627,000	134,655,000	88,182,000	78,529,000	169,113,000	113,209,000	39,932,000	67,514,000	136,136,000	81,524,000	162,726,000	101,133,000	119,423,000	93,932,000	57,368,000	61,519,000	98,854,000	109,612,000	61,135,000	74,119,000	127,657,000	98,587,000	57,974,000	56,350,000	130,901,000	73,440,000	64,527,000	47,157,000	119,527,000
yoy	38070.25%	171.59%	8.13%	-1883.01%	-108.49%	-88.66%	-68.85%	-98.29%	-102.57%	-185.31%	-5.60%	-135.43%	-211.85%	-21448.40%	1582.16%	243.27%	214.71%	-92.83%	-109.99%	370.62%	-230.70%	-29.69%	18.73%	-324.90%	196.12%	-110.18%	-673.15%	-47.84%	-47.33%	-541.20%	-213.40%	26.96%	-158.49%	207.11%	-518.33%	-36.22%	-1082.30%	-59.59%	12.30%	-26.54%	-85.30%	-11.78%	-64.66%	35.74%	31.22%	79.62%	-23.95%	98.86%	110.43%	29.58%	-60.05%	-36.40%	-46.85%	-22.43%	179.00%	52.91%	95.05%	16.86%	18.94%	120.83%	16.32%	24.22%	38.87%	-75.46%	-33.24%	13.99%	-13.21%	183.65%	64.39%	20.81%	-14.31%	-6.16%	-17.00%	-22.56%	11.18%	5.45%	31.53%	-2.48%	34.24%	-10.16%	19.49%	9.52%
qoq	128.52%	-36.50%	-377.27%	-9586.37%	-98.37%	-74.72%	4472.13%	-145.17%	-102.17%	-30.56%	150.90%	-32.11%	-172.12%	-176.84%	-194.17%	114.31%	-13866.43%	-93.95%	-119.22%	96.48%	-413.65%	-108.44%	805.14%	-154.57%	68.72%	-114.25%	-1814.47%	-28.15%	-105.80%	-902.20%	56.03%	-27.45%	-51.42%	-306.18%	-274.69%	-133.42%	-355.10%	180.85%	-73.37%	414.79%	-89.50%	680.46%	-82.58%	3.00%	-37.00%	212.63%	-33.08%	-0.44%	-13.76%	32.36%	74.98%	5.35%	-46.90%	-59.20%	178.61%	-11.97%	-22.50%	46.77%	52.70%	12.29%	-53.56%	49.38%	183.50%	-40.85%	-50.41%	66.99%	-49.90%	60.90%	-15.32%	27.14%	63.74%	-6.75%	-37.77%	-9.81%	79.30%	-17.52%	-41.94%	29.49%	70.05%	2.88%	-56.95%	78.24%	13.81%	36.83%	-60.55%
operating margin %	44.34%	28.52%	48.10%	-21.95%	0.31%	12.94%	35.38%	1.33%	-3.43%	60.54%	66.66%	44.68%	53.88%	326.06%	64.00%	178.14%	468.11%	0.93%	11.66%	-441.65%	-73.41%	11.14%	-144.55%	-16.97%	22.59%	15.35%	-135.21%	6.20%	9.48%	-120.22%	19.03%	20.85%	27.47%	43.52%	-49.99%	19.48%	-254.44%	23.34%	7.30%	29.47%	7.63%	44.41%
income from investments	-67,174,000	-26,462,000			-172,000	-2,260,000
other income	-2,616,000	-623,000	-2,387,000	-3,960,000	-19,431,000	-205,000																					22,257,000	21,755,000	11,752,000	9,585,000	8,077,000	6,859,000	6,638,000	3,381,000	8,494,000	10,715,000	7,644,000	4,840,000	3,664,000	2,661,000	2,689,000	939,000	719,000	1,004,000	2,579,000	2,551,000	2,396,000	2,405,000	2,111,000	2,330,000	3,047,000	2,988,000	5,249,000	2,469,000	6,190,000	3,098,000	18,046,000	431,000	189,000	278,000	153,000	527,000	277,000	511,000	698,000	590,000	524,000	611,000	1,574,000	3,524,000	2,115,000	2,204,000									57,000	1,138,000	-1,510,000	1,602,000	3,600,000
loss on debt extinguishment	5,889,000	11,680,000									944,000	27,814,000	104,348,000	6,923,000			5,332,000	4,424,000	4,723,000	3,749,000	353,000	16,610,000
interest expense	105,668,000	117,569,000	186,435,000	158,299,000	55,720,000	54,371,000	72,804,000	60,427,000	39,883,000	46,546,000	55,630,000	60,138,000	65,985,000	67,902,000	76,469,000	80,349,000	76,986,000	75,099,000	74,286,000	69,154,000	65,386,000	62,374,000	45,066,000	47,709,000	50,503,000	56,573,000	-11,101,000	93,042,000	77,004,000	70,013,000	65,662,000	50,377,000	44,078,000	42,655,000	39,451,000	35,984,000	36,305,000	36,180,000	35,935,000	36,547,000	36,833,000	37,216,000	36,979,000	35,717,000	31,873,000	31,968,000	31,998,000	35,554,000	37,384,000	37,752,000	62,445,000	40,460,000	40,629,000	41,252,000	37,686,000	32,503,000	33,287,000	32,852,000	26,082,000	33,861,000	34,080,000	34,134,000	33,683,000	32,393,000	26,460,000	19,243,000	17,402,000	13,012,000	14,327,000	13,653,000	12,065,000	11,557,000	9,483,000	12,280,000	11,810,000	12,290,000	9,995,000	12,957,000	6,835,000	12,169,000	11,468,000	13,965,000				12,259,000
income before income taxes	1,092,271,000	394,086,000	574,114,000	-402,302,000	-34,983,000	127,365,000	652,426,000	-46,123,000	-78,684,000	1,575,879,000	2,272,816,000	839,668,000	1,202,458,000	-1,980,280,000	2,393,634,000	-2,642,431,000	-1,284,365,000	-55,526,000	-331,698,000	-826,397,000	-366,078,000	-134,317,000					-437,172,500	537,000	34,717,000	-1,783,944,000	144,623,000	94,176,000	152,354,000	351,370,000	-220,423,000	83,188,000	-353,153,000	95,861,000	13,020,000	136,169,000	-1,110,000	278,482,000	4,070,000	196,790,000	195,477,000	327,374,000	84,524,000	137,399,000	136,022,000	163,213,000	90,669,000	48,289,000	46,024,000	116,725,000	141,257,000	285,579,000	137,929,000	194,364,000	112,920,000	57,245,000	47,022,000	138,033,000	81,630,000	10,000,000	43,362,000	118,605,000	88,136,750	151,882,000	90,077,000	110,588,000	77,316,500	49,438,000	172,103,000	87,725,000					74,554,750	67,062,000	112,255,000	118,902,000
income tax benefit	235,615,000									356,646,000	558,977,000	152,206,000	308,234,000	-465,697,000	591,080,000	-662,915,000	-347,846,000		-2,920,000	-225,757,000			-366,532,000	-86,343,000	38,865,000	38,234,000							29,709,000		-37,956,500	13,084,000
net income	856,656,000	315,418,000	427,245,000	-297,432,000	9,239,000	103,063,000	501,447,000	80,730,000	-66,866,000	1,219,233,000	1,713,839,000	687,462,000	894,224,000	-1,514,583,000	1,802,554,000	-1,979,516,000	-936,519,000	-41,032,000	63,678,000	-600,640,000	-263,075,000	-167,139,000	-1,176,924,000	-361,028,000	125,566,000	190,691,000	-761,973,000	63,448,000	136,346,000	-1,444,979,000	1,379,335,000	105,457,000	122,645,000	250,705,000	-108,785,000	70,104,000	-180,807,000	88,425,000	-63,262,000	100,233,000	63,747,000	221,168,000	29,497,000	132,294,000	138,264,000	210,935,000	131,806,000	102,610,000	94,118,000	109,281,000	56,226,000	36,704,000	31,446,000	72,035,000	90,846,000	178,914,000	87,754,000	122,255,000	73,113,000	36,522,000	30,000,000	88,065,000	55,382,000	2,909,000	26,645,000	71,993,000	33,495,000	96,198,000	55,391,000	70,520,000	60,597,000	32,925,000	107,343,000	56,618,000	72,223,000	31,795,000	43,909,000	72,359,000	72,839,000	46,491,000	64,319,000	76,406,000	43,274,000	35,683,000	130,827,000	70,070,000
yoy	9172.17%	206.04%	-14.80%	-468.43%	-113.82%	-91.55%	-70.74%	-88.26%	-107.48%	-180.50%	-4.92%	-134.73%	-195.48%	3591.22%	2730.73%	229.57%	255.99%	-75.45%	-105.41%	66.37%	-309.51%	-187.65%	54.46%	-669.01%	-7.91%	-113.20%	-155.24%	-39.84%	11.17%	-676.37%	-1367.95%	50.43%	-167.83%	183.52%	71.96%	-30.06%	-383.63%	-60.02%	-314.47%	-24.23%	-53.89%	4.85%	-77.62%	28.93%	46.90%	93.02%	134.42%	179.56%	199.30%	51.71%	-38.11%	-79.49%	-64.17%	-41.08%	24.25%	389.88%	192.51%	38.82%	32.02%	1155.48%	12.59%	22.32%	65.34%	-96.98%	-51.90%	2.09%	-44.72%	192.17%	-48.40%	24.55%	-16.10%	3.55%	144.47%	-21.75%	-0.85%	-31.61%	-31.73%	-5.30%	68.32%	30.29%	-50.84%	9.04%
qoq	171.59%	-26.17%	-243.64%	-3319.31%	-91.04%	-79.45%	521.14%	-220.73%	-105.48%	-28.86%	149.30%	-23.12%	-159.04%	-184.02%	-191.06%	111.37%	2182.41%	-164.44%	-110.60%	128.32%	57.40%	-85.80%	225.99%	-387.52%	-34.15%	-125.03%	-1300.94%	-53.47%	-109.44%	-204.76%	1207.96%	-14.01%	-51.08%	-330.46%	-255.18%	-138.77%	-304.47%	-239.78%	-163.11%	57.24%	-71.18%	649.80%	-77.70%	-4.32%	-34.45%	60.03%	28.45%	9.02%	-13.88%	94.36%	53.19%	16.72%	-56.35%	-20.71%	-49.22%	103.88%	-28.22%	67.21%	100.19%	21.74%	-65.93%	59.01%	1803.82%	-89.08%	-62.99%	114.94%	-65.18%	73.67%	-21.45%	16.38%	84.05%	-69.33%	89.59%	-21.61%	127.15%	-27.59%	-39.32%	-0.66%	56.67%	-27.72%	-15.82%	76.56%	21.27%	-72.73%	86.71%
net income margin %	33.49%	18.13%	26.30%	-23.17%	0.97%	7.30%	24.54%	6.81%	-6.56%	45.82%	49.25%	33.22%	35.38%	261.54%	46.95%	135.14%	360.04%	-4.32%	5.08%	-348.95%	-49.91%	-15.10%	-116.36%	-37.94%	9.58%	16.68%	-83.66%	5.47%	12.93%	-100.79%	122.14%	15.97%	17.75%	27.93%	-28.70%	12.59%	-141.77%	16.22%	-10.19%	17.37%	14.72%	31.20%
less: net income attributable to noncontrolling interests	72,509,000	73,279,000	8,850,000	3,391,000	-278,000	-425,000	-608,000	-525,000	-240,000	685,000	1,857,000	3,792,000	2,863,000														90,674,000	103,141,000	118,540,000	141,015,000	99,264,000	82,117,000	81,519,000	86,713,000	83,173,000	78,120,000	77,838,000	82,789,000	71,317,000	59,446,000	58,211,000	47,741,000	44,201,000	33,739,000	27,343,000	18,742,000	16,601,000	14,354,000	7,262,000	9,026,000	8,185,000	4,831,000
net income attributable to eqt corporation	784,147,000	242,139,000	418,395,000	-300,823,000	9,517,000	103,488,000	502,055,000	81,255,000	-66,626,000	1,218,548,000	1,711,982,000	683,670,000	891,361,000	-1,516,048,000	1,801,333,000	-1,980,117,000	-936,457,000	-40,518,000					-1,176,924,000	-361,028,000	125,566,000	190,691,000	-636,687,000	-39,693,000	17,806,000	-1,585,994,000	1,280,071,000	23,340,000	41,126,000	163,992,000	-191,958,000	-8,016,000	-258,645,000	5,636,000	-134,579,000	40,787,000	5,536,000	173,427,000	-14,704,000	98,555,000	110,921,000	192,193,000	115,205,000	88,256,000	86,856,000	100,255,000	48,041,000	31,873,000
income per share of common stock attributable to eqt corporation:
basic:
weighted-average common stock outstanding	599,221	597,976	509,597	559,603	441,968	439,459	380,902	383,359	361,982	361,462	370,048	369,987	369,866	374,142	323,196	356,792	279,156	278,852	260,613	255,589	255,524	255,435	255,141	255,235	255,099	255,046	260,932	259,560	265,030	264,877	187,380	173,476	173,462	173,213	166,978	172,867	166,801	156,720	152,398	152,551	152,454	152,036		151,557	151,744
diluted
pipeline, net marketing services and other		174,042,000	167,078,000	117,234,000
loss on sale/exchange of long-lived assets		231,000				147,000													25,680,250	4,662,000	49,207,000
income tax expense		78,668,000				24,302,000																32,822,000												100,665,000				7,436,000	76,282,000	35,936,000
(income) income from investments			-39,365,000	-34,242,000					-1,092,000	-4,764,000	3,582,750	-2,877,000	-3,577,000		-4,980,000	-43,184,000	-11,829,000	-11,848,000
gain on debt extinguishment			1,412,750	365,000	1,837,000	3,449,000	-13,750	1,089,000	5,462,000
income tax (benefit) expense			-31,197,500	-104,870,000	-44,222,000		54,493,750	-126,853,000	-11,818,000									-14,494,000			-103,003,000						-125,876,250	-62,911,000	-101,629,000	-338,965,000	-1,234,712,000	-11,281,000									-64,857,000
net marketing services and other					1,662,000	1,852,000	7,000,000	6,313,000	6,040,000	5,861,000	4,593,000	2,565,000	7,392,000	11,903,000	12,039,000	8,349,000	7,512,000	7,785,000	3,717,000	317,000	1,876,000	2,420,000	1,154,000	1,636,000	2,090,000	3,556,000
depreciation and depletion					465,982,000	486,750,000	501,887,000	446,886,000	395,684,000	387,685,000	396,026,000	418,695,000	429,143,000	422,098,000	476,422,000	442,876,000	380,288,000	377,116,000	371,816,000	341,027,000	323,096,000	357,526,000	384,226,000	390,993,000	372,413,000	391,113,000	278,162,000	435,311,000	417,672,000																																																										312,000,000	367,000,000	444,000,000
(gain) loss on sale/exchange of long-lived assets					-320,129,000				-225,000						-4,603,500	-391,000	-16,816,000	-1,207,000
impairment of contract asset											46,236,250			184,945,000
loss (income) from investments							-1,327,500	546,000						20,785,000
dividend and other income							-362,000	-132,000	-562,000	-175,000	-214,000	-157,000	-7,313,000	-3,596,000	-7,776,000	-4,260,000	-3,765,000	-3,304,000	-4,308,000	-2,900,000	-3,590,000	-24,714,000	-159,075,000	22,960,000	23,645,000	20,987,000
(gain) loss on debt extinguishment										-6,606,000
loss on derivatives											-1,387,507,000	-1,627,296,000	-845,095,000
weighted-average common stock outstanding	599,221	597,976	509,597	559,603	441,968	439,459	380,902	383,359	361,982	361,462	370,048	369,987	369,866	374,142	323,196	356,792	279,156	278,852	260,613	255,589	255,524	255,435	255,141	255,235	255,099	255,046	260,932	259,560	265,030	264,877	187,380	173,476	173,462	173,213	166,978	172,867	166,801	156,720	152,398	152,551	152,454	152,036		151,557	151,744
diluted:
loss on derivatives not designated as hedges														-3,077,637,000	-1,197,895,500	-3,257,237,000
less: net income attributable to noncontrolling interest														1,465,000	1,221,000	601,000	-62,000	-514,000
loss per share of common stock attributable to eqt corporation:
basic and diluted:
amortization of intangible assets																			3,573,000	7,478,000	7,477,000	7,478,000	7,477,000	7,755,000	10,342,000	10,342,000	-20,818,000	20,728,000	20,729,000	20,728,000
gain on equitrans share exchange																						-187,223,000
gain on derivatives not designated as hedges																	-1,345,532,000	-188,813,000	411,534,000	-427,182,000	26,426,000	389,436,000	160,682,000	180,313,000	407,635,000	-131,996,000	-184,211,000	-3,075,000	-53,897,000	62,592,000	167,328,000	35,625,000	46,326,000	140,742,000	-216,649,000	93,356,000	-234,693,000	108,995,000	176,648,000	161,263,000	4,259,000	43,592,000
impairment of intangible assets																								15,411,000
transaction, proxy and reorganization																			1,650,000	1,855,000	4,745,000
(gain) loss on investment in equitrans midstream corporation																			75,961,000	-3,801,000	-82,983,000
loss per share of common stock:
earnings per share of common stock:
loss on exchange of long-lived assets																						48,852,000
proxy, transaction and reorganization																							14,659,000	76,779,000	21,518,000
gain on investment in equitrans midstream corporation																						390,628,000
sales of natural gas, oil and natural gas liquids																							735,441,750	769,627,000
impairment/loss on sale/exchange of long-lived assets																							1,124,352,000	13,935,000
lease impairments and expirations																							31,929,750	49,601,000	48,584,000	29,534,000
unrealized loss on investment in equitrans midstream corporation																							613,772,000	-261,093,000
income from continuing operations before income taxes																							-1,543,456,000	-447,371,000	164,431,000	228,925,000																																																	97,942,000	48,915,000	64,000,000	114,874,000
income from continuing operations																							-1,176,924,000	-361,028,000	125,566,000	190,691,000													-63,262,000	100,233,000	63,747,000	221,168,000	29,898,000	132,294,000	136,388,000	211,039,000																													67,962,000	31,795,000	43,909,000	72,359,000
income from discontinued operations, net of tax																																											-401,000		1,876,000	-104,000
less: net income from discontinued operations attributable to noncontrolling interests
amounts attributable to eqt corporation:
earnings per share of common stock attributable to eqt corporation:
income from discontinued operations																																											-401,000		1,876,000	-104,000
sales of natural gas, oil and ngls																									900,527,000	1,271,613,000	1,430,791,000	1,046,989,000	991,365,000	1,226,374,000	848,186,000	552,953,000	576,714,000	673,465,000	522,099,000	403,939,000	304,532,000	364,427,000	383,676,000	358,977,000	367,342,000
impairment/loss on sale of long-lived assets																											3,538,000	259,279,000	118,114,000
unrealized (loss) on investment in equitrans midstream corporation																									-104,741,000
proxy and transaction costs																										4,089,000
unrealized gain on investment in equitrans midstream corporation																										89,055,000
(loss) from discontinued operations, net of tax
(loss) from discontinued operations
revenues:
pipeline, water and net marketing services																											94,194,000	114,956,000	117,203,000	144,617,000
operation and maintenance																											20,554,500	29,892,000	25,302,000	25,740,000	27,395,000	20,604,000	20,581,000	20,286,000	-18,655,000	31,185,000	29,253,000	31,483,000	31,337,000	32,385,000	32,061,000	28,247,000	27,531,000	27,944,000	27,587,000	25,221,000	-7,362,000	36,861,000	35,040,000	33,223,000	36,471,000	36,259,000	34,815,000	34,390,000	36,129,000	35,872,000	30,586,000	25,055,000	39,320,000	41,232,000	35,567,000	34,339,000	38,482,000	34,561,000	34,892,000	31,590,000	44,965,000	30,333,000	28,612,000	25,592,000	28,351,000	25,602,000	25,568,000	27,444,000	30,368,000	25,282,000	25,366,000	23,604,000	23,770,000	22,891,000	24,865,000	23,843,000	28,034,000	20,985,000	20,271,000	18,698,000
transaction costs																											-66,845,000	31,506,000	25,959,000	35,711,000
dividends declared per common share																											0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.165	0.22	0.22	0.22	0.165	0.22	0.22	0.22	0.165	0.22	0.22	0.22	0.165	0.22	0.22	0.22	0.165	0.22	0.22	0.22	0.165	0.22	0.22	0.22	0.163	0.22	0.22	0.21	0.158	0.21	0.42	0.42	0.265	0.38	0.38	0.38
impairment of long-lived assets																														2,329,045,000
pipeline and net marketing services																															55,726,000	71,735,000	67,853,000	83,316,000
pipeline and marketing services																																			47,192,500	59,431,000	57,692,000	71,647,000	60,476,000	56,775,000	61,573,000
income tax																																					-172,346,000
gain on sale / exchange of assets																																											-3,603,000		37,749,000
operating revenues																																										665,181,000	703,194,000	578,723,000	526,168,000	661,625,000	276,661,000	506,598,000	520,092,000	558,660,000	489,787,000	364,057,000	337,804,000	449,960,000	498,543,000	336,720,000	349,000,000	455,671,000	371,218,000	257,335,000	257,515,000	436,640,000	344,027,000	218,357,000	238,040,000	469,403,000	408,878,000	297,827,000	334,009,000	535,774,000	384,814,000	226,806,000	293,240,000	456,546,000	353,783,000	232,801,000	251,207,000	430,119,000	280,398,000	264,528,000	269,031,000	439,767,000	344,695,000	205,847,000	240,640,000	400,427,000
income taxes																																										57,314,000	-25,828,000	64,496,000	59,089,000	116,335,000	44,561,000	34,789,000	41,904,000	53,932,000	34,443,000	11,585,000	14,578,000	44,690,000	50,411,000	106,665,000	50,175,000	72,109,000	39,807,000	20,723,000	17,022,000	49,968,000	26,248,000	7,091,000	16,717,000	46,612,000	24,482,000	55,684,000	34,686,000	40,068,000	32,015,000	16,513,000	64,760,000	31,107,000	29,980,000	17,120,000	20,091,000	42,515,000	42,035,000	20,571,000	47,936,000	42,496,000	19,186,000	18,382,000	67,397,000	37,729,000
purchased gas costs																																														45,175,000	-39,491,000	37,265,000	50,365,000	100,569,000	70,278,000	34,394,000	39,667,000	84,066,000	128,597,000	8,197,000	21,459,000	98,214,000	62,428,000	8,838,000	15,969,000	113,962,000	62,198,000	13,573,000	34,591,000	209,007,000
weighted-average common shares outstanding																																														151,371		150,679	150,525	150,327		149,604	149,582	149,494		149,441	149,444	149,271		149,133	147,575	134,084		130,850	130,830	130,743		130,540	126,243	121,891		121,380	121,356	121,217		120,172	120,128	119,579		121,181	60,736	60,712		61,419	62,019	62,256
gain on dispositions																																																			230,750			1,110,000		180,143,000
equity in earnings of nonconsolidated investments																																																						2,212,000				2,358,000	2,079,000	2,646,000	2,420,000	2,527,000	1,827,000	1,950,000	1,610,000	1,122,000	1,166,000	1,557,000	1,697,000	1,294,000	901,000	1,423,000		109,000	140,000	70,000		174,000
gain on disposition
gain on sale of langley natural gas processing complex																																																										22,785,000
gain on sale of available-for-sale securities																																																										4,015,000																1,042,000
the accompanying notes are an integral part of these condensed consolidated financial statements.
net operating revenues																																																																		260,396,000	235,386,000	215,713,000	215,657,000	264,596,000	216,035,000	158,084,000	176,287,000	236,534,000	216,539,000	160,646,000	165,094,000	221,302,000	183,699,000	172,714,000	163,668,000	222,474,000	179,971,000	142,609,000	147,058,000	202,831,000	-30,453,429,000	12,140,000,000	10,358,000,000
cost of sales																																																																			173,492,000	82,114,000	118,352,000	271,178,000	168,779,000	68,722,000	116,953,000	220,012,000	137,244,000	72,155,000	86,113,000	208,817,000	96,699,000	91,814,000	105,363,000	217,293,000	164,724,000	63,238,000	93,582,000	197,596,000
gross profit
yoy
qoq
gross margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
gain on sale of assets																																																																							6,687,000		119,401,000
office consolidation impairment charges
equity in earnings (losses) of nonconsolidated investments																																																																									666,000
gain on sale and tender of available-for-sale securities																																																																															20,064,250	19,438,000	60,819,000
income from discontinued operations, net of tax of 2,971 and 5,456 for the three and nine months ended september 30, 2005, respectively
income from discontinued operations, net of tax of 1,433 and 2,484 for the three and six months ended june 30, 2005, respectively
income from discontinued operations, net of tax of 1,051
impairment charges																																																																															1,958,750		7,316,000
gain on exchange of westport for kerr-mcgee shares																																																																																					217,212,000
charitable foundation contribution
earnings (losses) from nonconsolidated investments:
international investments																																																																															2,338,000	1,505,000	6,688,000	1,159,000
other																																																																															318,000	220,000	116,000	108,000	281,000	232,000	594,000	901,000
minority interest income																																																																																94,000
minority interest
earnings from nonconsolidated investments:
equity earnings (losses) from nonconsolidated investments:
westport
impairment of nonconsolidated investments
interest charges																																																																																			8,988,250	12,191,000	11,503,000
income from continuing operations before income taxes and cumulative effect of accounting change																																																																																			62,460,000	54,065,000	198,224,000	107,799,000
income from continuing operations before cumulative effect of accounting change																																																																																			43,274,000	35,683,000	130,827,000	70,070,000
cumulative effect of accounting change, net of tax
equity (losses) earnings from nonconsolidated investments:
impairment on nonconsolidated investments
equity in earnings of nonconsolidated investments:
operational data
production:
net equity sales, natural gas and equivalents																																																																																							8,715,250,000	12,128,000,000	11,309,000,000
average																																																																																							847,500	3,440,000	3,520,000
monetized sales																																																																																							2,632,500,000	3,549,000,000	3,510,000,000
weighted-average																																																																																								3,400,000	3,460,000
company usage																																																																																							1,182,750,000	1,944,000,000	1,447,000,000
lease operating expense excluding severance tax																																																																																							67,500	260,000	260,000
severance tax																																																																																							27,500	120,000	120,000
depletion																																																																																							97,500	390,000	390,000
production services:
gathered volumes																																																																																							22,564,500,000	30,726,000,000	28,917,000,000
average gathering fee																																																																																							127,500	520,000	500,000
gathering and compression expense																																																																																							47,500	190,000	200,000
gathering and compression depreciation																																																																																							22,500	90,000	100,000
total operated volumes																																																																																							17,040,750,000	23,366,000,000	22,291,000,000
volumes handled																																																																																							24,837,250,000	34,181,000,000	31,920,000,000
operating costs per unit																																																																																							160,000	640,000	630,000
capital expenditures																																																																																							26,382,500,000	41,483,000,000	36,476,000,000
financial results
revenue from production																																																																																							38,103,750,000	53,272,000,000	51,313,000,000
services:
revenue from gathering fees																																																																																							11,459,250,000	15,830,000,000	14,414,000,000
other revenues																																																																																							2,052,500,000	2,930,000,000	2,301,000,000
total revenues																																																																																							51,615,500,000	72,032,000,000	68,028,000,000
gathering and compression expenses																																																																																							4,382,500,000	5,754,000,000	5,816,000,000
lease operating expense																																																																																							3,383,500,000	4,525,000,000	4,265,000,000
exploration, including dry hole expense																																																																																							157,000,000	176,000,000	156,000,000
equity earnings from nonconsolidated investments and minority interest
ebit																																																																																							29,262,500,000	40,975,000,000	-612,000,000
revenue backlog, end of period																																																																																							37,192,250,000	148,769,000,000	157,410,000,000
construction completed																																																																																							22,205,750,000	36,601,000,000	30,917,000,000
gross profit margin																																																																																							5,700,000	22,400,000	22,300,000
sg&a as a % of revenue																																																																																							3,275,000	12,400,000	12,000,000
project development expenses as a % of revenue																																																																																							600,000	2,000,000	2,600,000
energy service contract revenues																																																																																							34,035,500,000	54,209,000,000	46,494,000,000
energy service contract costs																																																																																							26,267,500,000	42,069,000,000	36,136,000,000
selling, general and administrative expenses																																																																																							4,447,250,000	6,701,000,000	5,572,000,000
impairment of long-lived asset																																																																																							1,330,000,000		5,320,000,000
amortization of goodwill
total expenses																																																																																							6,089,250,000	7,068,000,000	11,336,000,000
equity earnings from nonconsolidated investments																																																																																							665,000,000	715,000,000	366,000,000
ebit from operations																																																																																									38,828,000,000

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