EQT Q3 net income $81M ($0.20 EPS), down from $684M YoY on lower gas prices

EQT Corp

2023-Q3 EPS reported $3.08 revenue$4,865,924,000

Adjusted net income $126M ($0.30 adjusted EPS) vs $422M ($1.04) last year; revenue $1.19B.
Total sales volume 523 Bcfe (up 7% YoY); avg realized price $2.28/Mcfe (down $1.13).
Closed Tug Hill/XcL Midstream acquisition; integration ahead of schedule, 40% efficiency gains.
Signed HOA for 1 MTPA LNG tolling with Commonwealth LNG; secured 1.2 Bcf/d firm sales on MVP.
Increased base dividend 5% to $0.63 annualized; upgraded to investment grade by Moody's.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EQT Corp reported the third quarter of 2023 results: net income $ 81, EPS $ 0.20.

Period: the third quarter of 2023
Net income: $ 81
EPS: $ 0.20
Result: reported results

Exact text from the filing

EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2023.

View on SEC.gov

Browse all earnings releases →

EQT Corp filing history →

Source: SEC EDGAR

accession 0000033213-23-000038

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.