XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Consolidated Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Statements of Consolidated Income        
Operating revenues $ 506,598 $ 364,057 $ 1,585,350 $ 1,151,821
Operating expenses:        
Purchased gas costs 37,265 34,394 188,199 158,127
Operation and maintenance 36,861 36,259 105,124 105,464
Production 28,076 23,201 80,712 72,796
Exploration 5,256 1,163 15,124 4,878
Selling, general and administrative 52,944 51,481 162,372 136,201
Depreciation, depletion and amortization 175,648 131,611 493,341 354,817
Total operating expenses 336,050 278,109 1,044,872 832,283
Operating income 170,548 85,948 540,478 319,538
Other income 2,405 2,801 6,846 13,841
Interest expense 35,554 40,460 110,690 122,341
Income before income taxes 137,399 48,289 436,634 211,038
Income taxes 34,789 11,585 130,625 70,853
Net income 102,610 36,704 306,009 140,185
Less: Net income attributable to noncontrolling interests 14,354 4,831 30,642 4,831
Net income attributable to EQT Corporation $ 88,256 $ 31,873 $ 275,367 $ 135,354
Basic:        
Weighted average common shares outstanding (in shares) 150,679 149,604 150,509 149,555
Net income (in dollars per share) $ 0.59 $ 0.21 $ 1.83 $ 0.91
Diluted:        
Weighted average common shares outstanding (in shares) 151,663 150,388 151,365 150,270
Net income (in dollars per share) $ 0.58 $ 0.21 $ 1.82 $ 0.90
Dividends declared per common share (in dollars per share) $ 0.03 $ 0.22 $ 0.09 $ 0.66