EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, and transmission. The Company conducts its business through three business segments: EQT Production, EQT Gathering, and EQT Transmission. The EQT Production segment includes the Company’s exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin. The EQT Production segment also includes the marketing activities of the Company. The operations of EQT Gathering include the natural gas gathering activities of the Company, consisting solely of assets that are owned and operated by EQM. The operations of EQT Transmission include the natural gas transmission and storage activities of the Company, consisting solely of assets that are owned and operated by EQM.

Type
Public
HQ
Pittsburgh, US
Founded
1888
Size (employees)
2,067 (est)+15%
Website
eqt.com
EQT Corporation was founded in 1888 and is headquartered in Pittsburgh, US
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Key People/Management at EQT Corporation

David Porges

David Porges

Interim President and Chief Executive Officer
David Schlosser

David Schlosser

Senior Vice President and President, Exploration & Production
Jeremiah Ashcroft

Jeremiah Ashcroft

Senior Vice President and President, Midstream
Robert McNally

Robert McNally

Senior Vice President and Chief Financial Officer
Lewis Gardner

Lewis Gardner

General Counsel and Vice President, External Affairs
Charlene Petrelli

Charlene Petrelli

Vice President and Chief Human Resources Officer
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EQT Corporation Office Locations

EQT Corporation has offices in Wayne, Pittsburgh, Weston, Washington and in 1 other location
Pittsburgh, US (HQ)
1700 625 Liberty Ave
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EQT Corporation Financials and Metrics

EQT Corporation Financials

EQT Corporation's revenue was reported to be $3.38 b in FY, 2017
USD

Revenue (Q1, 2018)

1.4 b

Net income (Q1, 2018)

(1.4 b)

EBIT (Q1, 2018)

(1.7 b)

Market capitalization (14-Jun-2018)

14.9 b

Closing share price (14-Jun-2018)

56.2

Cash (31-Mar-2018)

210.4 m
EQT Corporation's current market capitalization is $14.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.9 b2.5 b2.3 b1.6 b3.4 b

Revenue growth, %

33%(5%)(31%)

General and administrative expense

272.7 m262.7 m

R&D expense

13.4 m25.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

506.6 m661.6 m526.2 m578.7 m708.8 m433.2 m577 m545.1 m556.7 m897.5 m690.9 m660.3 m1.4 b

General and administrative expense

52.9 m49 m63.3 m57.1 m67.4 m65.4 m60.6 m57.9 m61.4 m72.1 m57 m77.2 m52.6 m

R&D expense

5.3 m1.4 m7.5 m3.6 m12.6 m11.4 m8.2 m3.1 m2.7 m3.1 m3.5 m2.4 m5.1 m

Operating expense total

336.1 m304.8 m339.1 m347.2 m394 m400.1 m407 m417.9 m448.3 m506.9 m501.1 m522.6 m3.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

845.6 m1.1 b1.6 b1.1 b147.3 m

Accounts Receivable

235.8 m306.1 m177 m341.6 m725.2 m

Inventories

19.7 m4.1 m

Current Assets

1.3 b1.9 b2.3 b1.8 b1.2 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

423.9 m909.8 m1.3 b1.2 b1.8 b2 b1.7 b1.6 b2.3 b1.8 b899.4 m572.3 m483.6 m210.4 m

Accounts Receivable

186.1 m329.4 m235.3 m199.6 m237.1 m150.4 m147.2 m149.5 m170.3 m189.4 m279 m311 m279.2 m674.1 m

Inventories

67.9 m9.9 m13.4 m

Current Assets

933.3 m1.4 b2 b1.9 b2.5 b2.5 b2.3 b2.2 b2.6 b2.1 b1.3 b996.9 m858.5 m1.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

437.8 m511 m321.9 m(131.1 m)1.9 b

Depreciation and Amortization

653.1 m679.3 m819.2 m927.9 m1.1 b

Inventories

30.1 m15.5 m

Accounts Payable

53.5 m30.4 m(16.7 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

138.3 m132.3 m221.2 m63.7 m100.2 m88.4 m(180.8 m)(50 )950 (1.4 b)

Depreciation and Amortization

157.2 m175.6 m194.7 m196.8 m208.2 m221.2 m237.1 m231.9 m437.9 m

Inventories

13.4 m

Accounts Payable

381.3 m370.3 m326.1 m287.3 m265.4 m223.3 m251.7 m264.8 m318.1 m307 k
USDY, 2018

Financial Leverage

1.6 x
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EQT Corporation Online and Social Media Presence

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