secwatch.observer — SEC 8-K summary
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Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000033213-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQT Q4 2022 adj EPS $0.42, FY free cash flow $1.94B; provides 2023 guidance
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- Q4 2022 net income $1.714B ($4.28 EPS); adj net income $167M ($0.42 adj EPS).
- FY 2022 adj EBITDA $3.523B, free cash flow $1.939B, net cash from ops $3.466B.
- 2023 guidance: sales volume 1,900-2,000 Bcfe, capex $1.7-1.9B; free cash flow breakeven ~$1.65/MMBtu NYMEX.
- Repurchased 5.9M shares for $200M post-Q4; retired $283M debt in/after Q4; total debt retired >$1.1B since 2022 start.
- Pending Tug Hill/XcL acquisition ($2.6B cash + 55M shares) expected to lower free cash flow breakeven ~$0.15/MMBtu.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000003321323000005/0000033213-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000003321323000005/eqt-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000033213-23-000005

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