Interim Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Information (Unaudited)

The following quarterly summary of operating results reflects variations due primarily to the volatility of natural gas commodity prices, including recognition of impairment expense on long-lived assets, and the seasonal nature of the Company’s transmission, storage and marketing businesses. 

	Three Months Ended
	March 31		June 30			September 30			December 31
	(Thousands, except per share amounts)
2016 (a)
Total operating revenues	$	545,069	$	127,531		$	556,726		$	379,022
Operating income (loss)	127,201		(324,492		)	108,457			(189,466		)
Net income (loss)	88,425		(180,807		)	70,104			(108,785		)
Net income (loss) attributable to EQT Corporation	5,636		(258,645		)	(8,016		)	(191,958		)
Earnings per share of common stock attributable to EQT Corporation:
Basic:
Net income (loss)	$	0.04	$	(1.55	)	$	(0.05	)	$	(1.11	)
Diluted:
Net income (loss)	$	0.04	$	(1.55	)	$	(0.05	)	$	(1.11	)
2015 (a)
Total operating revenues (b)	$	714,815	$	439,589		$	583,978		$	601,380
Operating income	314,759		33,034			170,055			45,291
Net income (loss)	221,168		63,747			100,233			(63,262		)
Net income (loss) attributable to EQT Corporation	173,427		5,536			40,787			(134,579		)
Earnings per share of common stock attributable to EQT Corporation:
Basic:
Net income (loss)	$	1.14	$	0.04		$	0.27		$	(0.88	)
Diluted:
Net income (loss)	$	1.14	$	0.04		$	0.27		$	(0.88	)

(a)    The sum of the quarterly data in some cases may not equal the yearly total due to rounding.

(b) Differences between the amounts in the above table and those previously reported in the Company's 2015 Form 10-Qs are attributable to a reclassification of NGLs processing costs during 2015 which were previously reported as a reduction of operating revenues. The reclassification was immaterial to the amounts previously reported in the Company's 2015 Form 10-Qs.