Stock Analysis on Net
Stock Analysis on Net

EQT Corp. (NYSE:EQT)

This company has been moved to the archive! The financial data has not been updated since October 27, 2022.

Common-Size Income Statement
Quarterly Data

EQT Corp., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Sales of natural gas, natural gas liquids and oil 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Gain (loss) on derivatives -44.05 -25.11 -123.77 36.16 -182.58 -124.83 -16.70 49.15 -71.32 5.30 54.45 18.91 23.43 45.27 -10.38 -12.87 -0.29 -5.44 5.10
Net marketing services and other 0.07 0.22 0.48 0.43 0.47 0.70 0.69 0.44 0.05 0.38 0.34 0.14 0.21 0.23 0.28 -0.10 0.59 1.33 1.88
Operating revenues 56.02% 75.11% -23.29% 136.59% -82.11% -24.13% 83.99% 149.59% 28.74% 105.67% 154.79% 119.05% 123.64% 145.50% 89.90% 87.02% 100.29% 95.89% 106.98%
Transportation and processing -14.65 -16.04 -20.76 -19.12 -27.74 -43.05 -39.42 -52.26 -71.40 -81.33 -61.50 -51.62 -56.90 -48.53 -34.54 -30.16 -40.19 -43.18 -33.97
Production -2.21 -2.45 -2.86 -2.59 -3.24 -4.41 -4.18 -4.42 -6.62 -7.68 -5.65 -4.27 -4.91 -4.03 -3.41 -3.25 -4.08 -4.83 -4.78
Exploration -0.01 -0.05 -0.03 -0.04 -1.15 -0.17 -0.08 -0.06 -0.53 -0.18 -0.13 -0.10 -0.45 -0.21 -0.08 -0.02 -0.34 -0.17 -0.10
Selling, general and administrative -1.82 -1.76 -2.78 -1.86 -2.75 -4.62 -3.98 -5.35 -8.62 -8.69 -4.89 -4.52 -10.31 -9.57 -3.85 -9.06 -4.95 -6.35 -3.25
Depreciation and depletion -11.33 -12.75 -16.97 -16.95 -24.82 -35.28 -33.35 -44.40 -56.93 -64.78 -49.99 -45.22 -50.80 -41.36 -30.76 -29.12 -37.06 -37.49 -32.02
Amortization of intangible assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.43 -1.25 -1.50 -1.05 -0.88 -1.01 -1.15 -0.81 -0.72 -0.99 -1.04 -0.84
Gain (loss) on sale/exchange of long-lived assets 0.01 0.03 0.05 0.10 0.02 1.56 0.11 0.24 -0.78 -9.87 -6.83 -132.33 -1.81 0.00 0.00 -0.25 -24.76 -11.91 -189.91
Impairment of contract asset 0.00 0.00 -7.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Impairment of intangible and other assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4.14 0.00 0.00 0.00 0.00 -2.00 0.00 0.00 0.00 0.00 0.00 0.00
Impairment of goodwill 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -37.10 0.00 0.00 0.00
Impairment and expiration of leases -0.55 -1.40 -1.21 -8.12 -2.30 -2.38 -1.48 -19.25 -8.42 -8.28 -7.52 -50.46 -6.44 -5.40 -2.32 -17.06 -1.16 -1.97 -0.32
Other operating expenses -0.42 -0.21 -0.66 -0.59 -2.17 -0.48 -0.83 -2.06 -1.09 -0.95 0.00 -1.73 -9.98 -2.39 -0.32 -0.17 -0.84 -0.51 -0.82
Operating expenses -30.99% -34.64% -52.65% -49.17% -64.16% -88.83% -83.21% -132.15% -155.65% -183.25% -137.54% -291.13% -144.63% -112.63% -76.10% -126.91% -114.38% -107.46% -266.02%
Operating income (loss) 25.03% 40.47% -75.94% 87.42% -146.27% -112.96% 0.78% 17.45% -126.91% -77.57% 17.25% -172.08% -20.99% 32.87% 13.80% -39.89% -14.08% -11.56% -159.03%
Gain on Equitrans Share Exchange 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income (loss) from investments 0.08 0.11 -0.84 0.18 2.42 1.10 1.05 -1.27 0.63 16.64 -54.62 -7.09 -33.92 -11.63 7.00 -5.06 0.00 0.00 0.00
Dividend and other income (expense) 0.00 0.22 0.14 0.28 0.24 0.35 0.29 0.51 0.48 0.72 3.46 2.81 2.98 2.63 1.65 0.21 0.41 -0.01 -0.01
Loss on debt extinguishment -0.75 -3.10 -0.28 0.00 0.00 -0.49 -0.39 -0.56 -0.63 -0.07 -2.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest expense -1.63 -1.96 -2.73 -2.72 -4.50 -7.14 -6.64 -8.87 -11.55 -13.11 -8.72 -5.30 -6.20 -5.61 -4.45 -4.04 -5.37 -5.76 -4.72
Income (loss) from continuing operations before income taxes 22.73% 35.73% -79.64% 85.15% -148.11% -119.15% -4.91% 7.26% -137.96% -73.40% -18.78% -181.66% -58.13% 18.26% 18.00% -48.77% -19.04% -17.34% -163.77%
Income tax (expense) benefit -4.12 -9.16 18.73 -21.03 37.16 32.27 1.28 0.35 37.69 20.65 -4.59 43.14 11.22 -4.32 -3.01 6.97 6.87 9.57 35.05
Income (loss) from continuing operations 18.61% 26.57% -60.91% 64.12% -110.96% -86.88% -3.63% 7.60% -100.28% -52.74% -23.37% -138.52% -46.91% 13.94% 15.00% -41.80% -12.16% -7.76% -128.72%
Income from discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -11.46 18.22 21.52 10.89
Net income (loss) 18.61% 26.57% -60.91% 64.12% -110.96% -86.88% -3.63% 7.60% -100.28% -52.74% -23.37% -138.52% -46.91% 13.94% 15.00% -53.26% 6.06% 13.75% -117.83%
Net (income) loss attributable to noncontrolling interests -0.10 -0.09 -0.06 -0.04 -0.03 0.01 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.76 -9.85 -11.96 -11.50
Net income (loss) attributable to EQT Corporation 18.51% 26.49% -60.97% 64.08% -110.99% -86.88% -3.58% 7.61% -100.28% -52.74% -23.37% -138.52% -46.91% 13.94% 15.00% -44.50% -3.79% 1.80% -129.32%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. EQT Corp. operating income (loss) as a percentage of sales of natural gas, natural gas liquids and oil increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. EQT Corp. income (loss) from continuing operations before income taxes as a percentage of sales of natural gas, natural gas liquids and oil increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022.
Net income (loss) attributable to EQT Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. EQT Corp. net income (loss) attributable to EQT Corporation as a percentage of sales of natural gas, natural gas liquids and oil increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022.