EQT Corporation (EQT) financial statements (2022 and earlier)

Company profile

Business Address 625 LIBERTY AVENUE
PITTSBURGH, PA 15222
State of Incorp. PA
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11418531471,3901,601
Cash and cash equivalents11418531471,1041,601
Short-term investments     286 
Restricted cash and investments     75 
Receivables1,4385679091,373725342177
Contract with customer, asset 394  
Other undisclosed current assets73523784159329122473
Total current assets:2,2871,2151,7551,9701,1631,8282,251
Noncurrent Assets
Operating lease, right-of-use asset262252
Property, plant and equipment18,41916,05416,15517,39324,88513,16211,472
Long-term investments and receivables    461185 
Long-term investments    461185 
Intangible assets, net (including goodwill)  26772,735  
Goodwill    1,999  
Intangible assets, net (excluding goodwill)  2677736  
Restricted cash and investments     75 
Other noncurrent assets492230197269279223253
Other undisclosed noncurrent assets3845926241,013   
Total noncurrent assets:19,32116,89817,05418,75228,36013,64511,725
TOTAL ASSETS:21,60718,11318,80920,72129,52315,47313,976
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3397057961,060655310292
Accounts payable1,3397057961,060655310292
Debt955154167048 299
Other liabilities372302221255431237182
Other undisclosed current liabilities2,41460131333613925823
Total current liabilities:5,0801,7621,3462,3551,232805796
Noncurrent Liabilities
Long-term debt and lease obligation4,5304,771 3,9935,5633,2892,793
Long-term debt, excluding current maturities4,5304,771 3,9935,5633,2892,793
Liabilities, other than long-term debt1,9512,3173,0267927832,2602,359
Deferred tax liabilities, net  1,7601,972
Deferred income tax liabilities9391,3722,129
Other liabilities1,013945897792783500387
Other undisclosed noncurrent liabilities  4,6342,6233,530  
Total noncurrent liabilities:6,4817,0887,6607,4089,8765,5495,152
Total liabilities:11,5628,8519,0069,76311,1086,3545,948
Stockholders' equity
Stockholders' equity attributable to parent, including:10,0309,2559,80410,95813,3205,8605,078
Common stock     3,4402,153
Treasury stock, value(18)(29)(33)(49)(64)(91)(104)
Accumulated other comprehensive income (loss)(5)(5)(5)(5)(2)246
Retained earnings (accumulated deficit)(116)1,0482,0233,1843,9972,5092,982
Other undisclosed stockholders' equity attributable to parent10,1688,2427,8187,8299,389  
Stockholders' equity attributable to noncontrolling interest167  5,0953,2592,950
Total stockholders' equity:10,0469,2639,80410,95818,4159,1198,028
TOTAL LIABILITIES AND EQUITY:21,60718,11318,80920,72129,52315,47313,976

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,0653,0594,4164,5583,3781,6082,340
Revenue, net3,3781,6082,340
Cost of revenue(4,205)(3,756)(4,105)(3,417)(2,094)(1,549)(1,405)
Cost of goods and services sold(1,942)(1,711)(1,753)(1,697)(560)(366)(275)
Gross profit:(1,140)(697)3111,1411,28460935
Operating expenses(221)(180)(1,464)(3,924)(351)(346)(372)
Other operating expense, net(70)(29)     
Other undisclosed operating income7029   8 
Operating income (loss):(1,361)(878)(1,152)(2,783)933(278)563
Nonoperating income (expense)1936(246)(65)253210
Investment income, nonoperating  (337)    
Other nonoperating income (expense)193691(65)253210
Interest and debt expense(319)(297)(200)(229)(215)(148)(147)
Income (loss) from continuing operations before equity method investments, income taxes:(1,661)(1,139)(1,597)(3,077)743(395)427
Other undisclosed income (loss) from continuing operations before income taxes72(127)     
Income (loss) from continuing operations before income taxes:(1,589)(1,266)(1,597)(3,077)743(395)427
Income tax expense (benefit)4342993766971,116263(105)
Income (loss) from continuing operations:(1,155)(967)(1,222)(2,381)1,858(131)322
Income from discontinued operations   374   
Net income (loss):(1,155)(967)(1,222)(2,007)1,858(131)322
Net income (loss) attributable to noncontrolling interest(1)0 (237)(350)(322)(237)
Net income (loss) available to common stockholders, diluted:(1,156)(967)(1,222)(2,245)1,509(453)85

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(1,155)(967)(1,222)(2,007)1,858(131)322
Other comprehensive income (loss)1(0)0(4)(5)(44)(153)
Comprehensive income (loss):(1,154)(967)(1,221)(2,011)1,854(175)169
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)0 (237)(350)(322)(237)
Comprehensive income (loss), net of tax, attributable to parent:(1,155)(967)(1,221)(2,248)1,504(497)(68)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: