| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating revenues affiliate | |||||||||
- | - | - | - | - | - | - | - | 86,556 | 74,028 |
Operating revenues third party | |||||||||
- | - | - | - | - | - | - | - | 23,057 | 17,572 |
Revenue from Contract with Customer, Excluding Assessed Tax | |||||||||
1,630,242 | 1,495,098 | 895,558 | 732,272 | 632,936 | 489,218 | 354,001 | 236,293 | 109,613 | 91,600 |
Operating expenses: | |||||||||
Operating and maintenance | |||||||||
52,700 | 163,451 | 84,831 | 69,255 | 69,478 | 56,413 | 42,727 | 38,709 | 26,221 | 24,300 |
Selling, General and Administrative Expense | |||||||||
110,620 | 121,831 | 77,321 | 72,470 | 61,606 | 51,149 | 35,574 | 24,978 | 17,302 | 18,477 |
Separation and other transaction costs | |||||||||
19,344 | 7,800 | 0 | - | - | - | - | - | - | - |
Depreciation | |||||||||
223,160 | 171,914 | 107,161 | 62,691 | 49,895 | 49,061 | 30,906 | 22,006 | 11,470 | 10,886 |
Amortization of Intangible Assets | |||||||||
53,300 | 41,500 | 5,540 | 0 | 0 | - | - | - | - | - |
Impairment of Oil and Gas Properties | |||||||||
854,307 | 261,941 | 0 | - | - | - | - | - | - | - |
Impairment of goodwill | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Total operating expenses | |||||||||
1,426,056 | 768,445 | 274,853 | 204,416 | 180,979 | 156,623 | 109,207 | 85,693 | 54,993 | 53,663 |
Operating Income (Loss) | |||||||||
204,186 | 726,653 | 620,705 | 527,856 | 451,957 | 332,595 | 244,794 | 150,600 | 54,620 | 37,937 |
Income (Loss) from Equity Method Investments | |||||||||
163,279 | 61,778 | 22,171 | 9,898 | 2,367 | - | 0 | - | - | - |
Other income | |||||||||
4,601 | 5,011 | 4,439 | 27,113 | 7,773 | 3,313 | 1,242 | 8,228 | 3,826 | 498 |
Interest Income (Expense), Net | |||||||||
209,984 | 122,094 | 36,955 | -16,766 | -21,345 | -10,871 | -1,672 | -2,944 | 5,050 | 5,164 |
Income before income taxes | |||||||||
- | - | - | 548,101 | 438,385 | 325,037 | 244,364 | 155,884 | 53,396 | 33,271 |
Income Tax Expense (Benefit) | |||||||||
- | - | - | 10,147 | -16,741 | 40,221 | 54,573 | 45,668 | 20,807 | 14,030 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
162,082 | 671,348 | 610,360 | 537,954 | 455,126 | - | - | - | - | - |
Net income attributable to noncontrolling interest | |||||||||
-21,291 | 3,346 | 734 | 0 | 0 | - | - | - | - | - |
Net income attributable to EQM | |||||||||
183,373 | 668,002 | 609,626 | 537,954 | 455,126 | 284,816 | 189,791 | 110,216 | 32,589 | 19,241 |
Calculation of limited partner common unit interest in net income: | |||||||||
Net Income (Loss) Attributable to Parent | |||||||||
183,373 | 668,002 | 609,626 | 537,954 | 455,126 | 284,816 | 189,791 | 110,216 | 32,589 | 19,241 |
Less: Series A Preferred Units interest in net income | |||||||||
73,981 | 0 | 0 | - | - | - | - | - | - | - |
Less pre-acquisition net income allocated to EQT | |||||||||
0 | -164,242 | -37,722 | -21,861 | -72,782 | -72,194 | -86,213 | -73,657 | - | - |
Less general partner interest in net income - general partner units | |||||||||
0 | -6,104 | -10,060 | -9,173 | -7,455 | -4,252 | -2,927 | -791 | - | - |
General Partner Interest in Net Income (Loss) Allocated to Incentive Distribution Rights | |||||||||
0 | -255,927 | -143,531 | -93,568 | -46,992 | -11,453 | - | - | - | - |
Limited partner interest in net income | |||||||||
109,392 | 241,729 | 418,313 | 413,352 | 327,897 | 196,917 | 100,651 | 35,768 | - | - |
Net (loss) income per limited partner common unit – basic (in dollars per share) | |||||||||
0.58 | 2.43 | 5.19 | 5.21 | 4.71 | 3.53 | 2.47 | 1.03 | - | - |
Net (loss) income per limited partner common unit – diluted (in dollars per share) | |||||||||
0.56 | 2.43 | 5.19 | 5.21 | 4.70 | 3.52 | 2.46 | 1.03 | - | - |
Weighted average limited partner common units outstanding – basic (in shares) | |||||||||
189,085 | 99,303 | 80,603 | 79,367 | 69,612 | 55,745 | 40,739 | 34,679 | - | - |
Weighted average limited partner common units outstanding – diluted (in shares) | |||||||||
196,085 | 99,303 | 80,603 | 79,388 | 69,773 | 55,883 | 40,847 | 34,734 | - | - |
Cash distributions declared per unit (in dollars per share) | |||||||||
4.63 | 4.40 | 3.83 | 3.19 | - | - | - | - | - | - |