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Statements of Consolidated Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Sales of natural gas, oil and NGLs $ 673,465 $ 364,427
Pipeline and net marketing services 83,316 71,647
Gain on derivatives not designated as hedges 140,742 108,995
Total operating revenues 897,523 545,069
Operating expenses:    
Transportation and processing 133,706 77,193
Operation and maintenance 20,286 17,136
Production 45,789 41,202
Exploration 3,122 3,123
Selling, general and administrative 72,058 57,983
Depreciation, depletion and amortization 231,918 221,231
Total operating expenses 506,879 417,868
Operating income 390,644 127,201
Other income 3,381 4,840
Interest expense 42,655 36,180
Income before income taxes 351,370 95,861
Income tax expense 100,665 7,436
Net income 250,705 88,425
Less: Net income attributable to noncontrolling interests 86,713 82,789
Net income attributable to EQT Corporation $ 163,992 $ 5,636
Basic:    
Weighted average common stock outstanding (in shares) 173,213 156,720
Net (loss) income (in dollars per share) $ 0.95 $ 0.04
Diluted:    
Weighted average common stock outstanding (in shares) 173,511 157,195
Net (loss) income (in dollars per share) $ 0.95 $ 0.04
Dividends declared per common share (in dollars per share) $ 0.03 $ 0.03