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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating revenues:      
Gain (loss) on derivatives $ 51,117 $ 1,838,941 $ (4,642,932)
Total operating revenues 5,273,309 6,908,923 7,497,689
Operating expenses:      
Transportation and processing 1,915,616 2,157,260 2,116,976
Production 377,007 239,001 298,388
Operating and maintenance 110,393 15,699 2,597
Exploration 2,735 3,330 3,438
Selling, general and administrative 336,724 236,171 252,645
Depreciation, depletion and amortization 2,162,350 1,732,142 1,665,962
(Gain) loss on sale/exchange of long-lived assets (764,044) 17,445 (8,446)
Impairment and expiration of leases 97,368 109,421 176,606
Impairment of contract asset 0 0 214,195
Other operating expenses 349,864 84,043 57,331
Total operating expenses 4,588,013 4,594,512 4,779,692
Operating income 685,296 2,314,411 2,717,997
(Income) loss from investments (76,039) (7,596) 4,931
Other income (25,983) (1,231) (11,280)
Loss on debt extinguishment 68,299 80 140,029
Interest expense, net 454,825 219,660 249,655
Income before income taxes 264,194 2,103,498 2,334,662
Income tax expense 22,079 368,954 553,720
Net income 242,115 1,734,544 1,780,942
Less: Net income (loss) attributable to noncontrolling interests 11,538 (688) 9,977
Net income attributable to EQT Corporation $ 230,577 $ 1,735,232 $ 1,770,965
Income per share of common stock attributable to EQT Corporation:      
Weighted average common stock outstanding - Basic (in shares) 509,597 380,902 370,048
Net income attributable to EQT Corporation - Basic (in dollars per share) $ 0.45 $ 4.56 $ 4.79
Weighted average common stock outstanding - Diluted (in shares) 514,593 413,224 406,495
Net income attributable to EQT Corporation - Diluted (in dollars per share) $ 0.45 $ 4.22 $ 4.38
Sales of natural gas, natural gas liquids and oil      
Operating revenues:      
Sales of natural gas, natural gas liquids and oil $ 4,934,366 $ 5,044,768 $ 12,114,168
Pipeline, net marketing services and other      
Operating revenues:      
Pipeline, net marketing services and other $ 287,826 $ 25,214 $ 26,453