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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Sales of natural gas, oil and NGLs $ 1,594,997 $ 1,690,360 $ 2,132,409
Pipeline and net marketing services 262,342 263,640 256,359
(Loss) gain on derivatives not designated as hedges (248,991) 385,762 80,942
Total operating revenues 1,608,348 2,339,762 2,469,710
Operating expenses:      
Transportation and processing 365,817 275,348 202,203
Operation and maintenance 73,266 69,760 54,528
Production 174,826 177,935 187,243
Exploration 13,410 61,970 21,716
Selling, general and administrative 272,747 249,925 238,134
Depreciation, depletion and amortization 927,920 819,216 679,298
Impairment of long-lived assets 66,687 122,469 267,339
Total operating expenses 1,894,673 1,776,623 1,650,461
Gain on sale / exchange of assets 8,025 0 34,146
Operating (loss) income (278,300) 563,139 853,395
Other income 31,693 9,953 6,853
Interest expense 147,920 146,531 136,537
(Loss) income before income taxes (394,527) 426,561 723,711
Income tax (benefit) expense (263,464) 104,675 214,092
(Loss) income from continuing operations (131,063) 321,886 509,619
Income from discontinued operations, net of tax 0 0 1,371
Net (loss) income (131,063) 321,886 510,990
Less: Net income attributable to noncontrolling interests 321,920 236,715 124,025
Net (loss) income attributable to EQT Corporation (452,983) 85,171 386,965
Amounts attributable to EQT Corporation:      
(Loss) income from continuing operations (452,983) 85,171 385,594
Income from discontinued operations, net of tax 0 0 1,371
Net (loss) income $ (452,983) $ 85,171 $ 386,965
Basic:      
Weighted average common stock outstanding (in shares) 166,978 152,398 151,553
(Loss) income from continuing operations (in dollars per share) $ (2.71) $ 0.56 $ 2.54
Income from discontinued operations, net of tax (in dollars per share) 0.00 0.00 0.01
Net (loss) income (in dollars per share) $ (2.71) $ 0.56 $ 2.55
Diluted:      
Weighted average common stock outstanding (in shares) 166,978 152,939 152,513
(Loss) income from continuing operations (in dollars per share) $ (2.71) $ 0.56 $ 2.53
Income from discontinued operations, net of tax (in dollars per share) 0.00 0.00 0.01
Net (loss) income (in dollars per share) $ (2.71) $ 0.56 $ 2.54