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Statements of Consolidated Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Sales of natural gas, oil and NGLs $ 1,226,374 $ 673,465
Pipeline, water and net marketing services 144,617 79,962
Gain on derivatives not designated as hedges 62,592 140,742
Total operating revenues 1,433,583 894,169
Operating expenses:    
Transportation and processing 190,140 133,706
Operation and maintenance 25,740 16,817
Production 60,123 45,672
Exploration 5,104 3,122
Selling, general and administrative 52,615 71,957
Depreciation, depletion and amortization 437,893 231,918
Impairment of long-lived assets 2,329,045 0
Transaction costs 35,711 0
Amortization of intangible assets 20,728 0
Total operating expenses 3,157,099 503,192
Operating (loss) income (1,723,516) 390,977
Other income 9,585 3,048
Interest expense 70,013 42,655
(Loss) income before income taxes (1,783,944) 351,370
Income tax (benefit) expense (338,965) 100,665
Net (loss) income (1,444,979) 250,705
Less: Net income attributable to noncontrolling interests 141,015 86,713
Net (loss) income attributable to EQT Corporation $ (1,585,994) $ 163,992
Basic:    
Weighted average common stock outstanding (in shares) 264,877 173,213
Net (loss) income (in dollars per share) $ (5.99) $ 0.95
Diluted:    
Weighted average common stock outstanding (in shares) 264,877 173,511
Net (loss) income (in dollars per share) $ (5.99) $ 0.95
Dividends declared per common share (in dollars per share) $ 0.03 $ 0.03