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(Loss) Income Per Share (Table)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted (Loss) Income Per Share
The table below provides the computation for basic and diluted (loss) income per share.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
(Thousands, except per share amounts)
Net (loss) income attributable to EQT Corporation – Basic (loss) income available to shareholders$(300,823)$81,255 $(187,818)$1,233,177 
Add back: Interest expense on Convertible Notes, net of tax (a)— 2,042 — 6,117 
Diluted (loss) income available to shareholders$(300,823)$83,297 $(187,818)$1,239,294 
Weighted average common stock outstanding – Basic559,603 383,359 480,354 368,936 
Options, restricted stock, performance awards and stock appreciation rights (a)— 4,398 — 4,606 
Convertible Notes (a)— 28,433 — 28,317 
Weighted average common stock outstanding – Diluted559,603 416,190 480,354 401,859 
(Loss) income per share of common stock attributable to EQT Corporation:
Basic$(0.54)$0.21 $(0.39)$3.34 
Diluted$(0.54)$0.20 $(0.39)$3.08 
(a)In periods when the Company reports a net loss, all options, restricted stock, performance awards and stock appreciation awards, as applicable, are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on loss per share. As a result, for the three and nine months ended September 30, 2024, all such securities of 7.6 million and 6.0 million, respectively, were excluded from potentially dilutive securities because of their anti-dilutive effect on loss per share.

In addition, prior to EQT's redemption of the Convertible Notes, the Company used the if-converted method to calculate the impact of the Convertible Notes on diluted (loss) income per share. For the nine months ended September 30, 2024, such if-converted securities of approximately 0.5 million as well as the related add back of interest expense on the Convertible Notes, net of tax, were excluded from potentially dilutive securities because of their anti-dilutive effect on loss per share.