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STATEMENTS OF CONDENSED CONSOLIDATED OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:    
Sales of natural gas, natural gas liquids and oil $ 1,303,905 $ 1,830,358
Gain on derivatives 106,511 824,852
Total operating revenues 1,412,268 2,661,071
Operating expenses:    
Transportation and processing 545,181 514,984
Production 102,319 47,940
Exploration 916 952
Selling, general and administrative 73,053 51,894
Depreciation and depletion 486,750 387,685
Loss on sale/exchange of long-lived assets 147 16,528
Impairment and expiration of leases 9,209 10,546
Other operating expenses 11,973 19,662
Total operating expenses 1,229,548 1,050,191
Operating income 182,720 1,610,880
Income from investments (2,260) (4,764)
Other income (205) (175)
Loss (gain) on debt extinguishment 3,449 (6,606)
Interest expense, net 54,371 46,546
Income before income taxes 127,365 1,575,879
Income tax expense 24,302 356,646
Net income 103,063 1,219,233
Less: Net (loss) income attributable to noncontrolling interests (425) 685
Net income attributable to EQT Corporation $ 103,488 $ 1,218,548
Income per share of common stock attributable to EQT Corporation:    
Weighted average common stock outstanding - Basic (in shares) 439,459 361,462
Net income attributable to EQT Corporation - Basic (in dollars per share) $ 0.24 $ 3.37
Weighted average common stock outstanding - Diluted (in shares) 444,967 393,883
Net income attributable to EQT Corporation - Diluted (in dollars per share) $ 0.23 $ 3.10
Sales of natural gas, natural gas liquids and oil    
Operating revenues:    
Sales of natural gas, natural gas liquids and oil $ 1,303,905 $ 1,830,358
Net marketing services and other    
Operating revenues:    
Net marketing services and other $ 1,852 $ 5,861