Eqt corporation (EQT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating revenues:
Sales of natural gas, natural gas liquids and oil

3,791

4,709

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on derivatives not designated as hedges

616

-178

390

-248

385

80

2

-

-

-

-

-

-

Total operating revenues

4,416

4,557

3,091

1,387

2,339

2,469

1,862

1,377

1,323

1,374

1,311

1,576

1,361

Operating expenses:
Transportation and processing

1,752

1,697

1,164

880

275

202

148

134

127

252

360

645

574

Operation and maintenance

-

-

-

-

69

54

97

99

84

152

140

129

106

Production

153

195

181

174

177

187

108

96

80

67

62

79

62

Exploration

7

6

17

4

61

21

18

10

4

5

17

9

0

Selling, general and administrative

253

284

208

218

249

238

200

172

153

155

176

111

195

Depreciation and depletion

1,538

1,569

970

856

819

679

653

474

313

270

196

136

109

Proxy and transaction costs

-

-

-

0

0

-

-

-

-

-

-

-

-

Amortization of intangible assets

35

41

5

0

0

-

-

-

-

-

-

-

-

Impairment/loss on sale/exchange of long-lived assets

1,138

2,709

0

0

122

267

0

0

-

-

-

-

-

Impairment of intangible assets

15

0

0

-

-

-

-

-

-

-

-

-

-

Impairment and expiration of leases

-556

-279

-7

-15

-

-

-

-

-

-

-

-

-

Impairment of goodwill

0

530

0

0

-

-

-

-

-

-

-

-

-

Proxy, transaction and reorganization

117

26

152

-

-

-

-

-

-

-

-

-

-

Total operating expenses

5,568

7,340

2,708

2,150

1,776

1,650

1,227

987

765

903

954

1,111

1,049

Gain on sale of assets

-

-

-

8

0

34

19

0

202

-

-

-

126

Operating income

-1,152

-2,783

382

-755

563

853

654

389

761

470

356

464

437

Loss (gain) on investment in Equitrans Midstream Corporation

-336

-72

0

-

-

-

-

-

-

-

-

-

-

Dividend and other income

91

7

-2

-

-

-

-

-

-

-

-

-

-

Interest expense

199

228

167

131

146

136

142

184

136

128

111

58

47

Other expense

-

-

-

8

-

-

-

-

-

-

-

-

-

Other than temporary impairment of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

7

-

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

1

Equity in earnings of nonconsolidated investments

-

-

-

-

-

-

-

-

-

-

-

5

3

Other income

-

-

-

-

9

6

9

15

33

12

8

6

7

Loss on debt extinguishment

0

0

-12

0

0

-

-

-

-

-

-

-

-

(Loss) income before income taxes

-1,597

-3,077

198

-894

426

723

521

220

658

355

253

410

401

Income tax expense

-375

-696

-1,188

-362

104

214

175

71

238

127

96

154

144

(Loss) income from continuing operations

-1,221

-2,380

1,387

-531

-

509

345

148

419

-

-

-

-

Income from discontinued operations, net of tax

0

373

471

400

-

1

91

47

60

-

-

-

-

Net (loss) income

-1,221

-2,007

1,858

-131

321

510

437

196

479

227

-

255

257

Less: Net income from discontinued operations attributable to noncontrolling interests

0

237

349

321

236

124

47

13

-

-

-

-

-

Amounts attributable to EQT Corporation:
(Loss) income from continuing operations

-1,221

-2,380

1,387

-531

-

385

298

135

419

-

-

-

-

Income from discontinued operations, net of tax

0

136

121

78

-

-

-

-

-

-

-

-

-

Net (loss) income

-1,221

-2,244

1,508

-452

85

386

390

183

479

227

156

-

-

Income from discontinued operations, net of tax

0

373

471

400

-

1

91

47

60

-

-

-

-

Net (loss) income

-

-

-

-

-

386

390

183

479

227

156

-

-

Earnings per share of common stock:
Basic:
Weighted average common stock outstanding (in shares)

255

260

187

166

152

151

150

-

-

-

-

-

-

(Loss) income from continuing operations (in dollars per share)

-4.79

-9.12

7.40

-3.18

-

2.54

1.98

0.91

2.81

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.52

0.65

0.47

-

0.01

0.61

0.32

0.40

-

-

-

-

Net (loss) income (in dollars per share)

-4.79

-8.60

8.05

-2.71

0.56

2.55

2.59

1.23

3.21

1.58

1.20

2.01

2.12

Diluted:
Weighted average common stock outstanding (in shares)

255

260

187

166

152

152

151

-

-

-

-

-

-

(Loss) income from continuing operations (in dollars per share)

-4.79

-9.12

7.39

-3.18

-

2.53

1.97

0.90

2.79

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.52

0.65

0.47

-

0.01

0.60

0.32

0.40

-

-

-

-

Net (loss) income (in dollars per share)

-4.79

-8.60

8.04

-2.71

0.56

2.54

2.57

1.22

3.19

1.57

1.19

2.00

2.10

Sales of natural gas, natural gas liquids and oil
Sales of natural gas, natural gas liquids and oil

3,791

4,695

2,651

1,594

1,690

2,132

1,710

-

-

-

-

-

-

Gain (loss) on derivatives not designated as hedges
Net marketing services and other

8

40

49

41

263

256

148

-

-

-

-

-

-