0001104659-23-112579.txt : 20231030 0001104659-23-112579.hdr.sgml : 20231030 20231030161525 ACCESSION NUMBER: 0001104659-23-112579 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20230822 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20231030 DATE AS OF CHANGE: 20231030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQT Corp CENTRAL INDEX KEY: 0000033213 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 250464690 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-03551 FILM NUMBER: 231360414 BUSINESS ADDRESS: STREET 1: 625 LIBERTY AVENUE STREET 2: SUITE 1700 CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4125535700 MAIL ADDRESS: STREET 1: 625 LIBERTY AVENUE STREET 2: SUITE 1700 CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: EQT Corp /PA/ DATE OF NAME CHANGE: 20090206 FORMER COMPANY: FORMER CONFORMED NAME: EQUITABLE RESOURCES INC /PA/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: EQUITABLE GAS CO DATE OF NAME CHANGE: 19841120 8-K/A 1 tm2328448d1_8ka.htm FORM 8-K/A
0000033213 false 0000033213 2023-08-22 2023-08-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K/A

(Amendment No. 1)

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported):  October 30, 2023 (August 22, 2023)

 

EQT CORPORATION

(Exact name of registrant as specified in its charter)

 

Pennsylvania   001-3551   25-0464690
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification Number)

 

625 Liberty Avenue, Suite 1700, Pittsburgh, Pennsylvania 15222

(Address of principal executive offices, including zip code)

 

(412) 553-5700

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, no par value   EQT   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Introductory Note

 

As previously disclosed in the Current Report on Form 8-K filed by EQT Corporation (“EQT”) with the Securities and Exchange Commission (the “SEC”) on August 22, 2023 (the “Initial Form 8-K”), on August 22, 2023, EQT and its wholly owned subsidiary, EQT Production Company (the “Buyer”), consummated the previously announced acquisition of the upstream oil and gas assets of THQ Appalachia I, LLC (the “Upstream Seller”) and the gathering and processing assets of THQ-XcL Holdings I, LLC (the “Midstream Seller”) through the Buyer’s acquisition of all of the issued and outstanding membership interests of each of THQ Appalachia I Midco, LLC and THQ-XcL Holdings I Midco, LLC in exchange for 49,599,796 shares of EQT common stock and approximately $2.4 billion in cash, subject to customary post-closing adjustments.

 

This Amendment No. 1 to the Initial Form 8-K (this “Amendment No. 1”) amends the Initial Form 8-K to include the financial statements of a business acquired required by Item 9.01(a) and the pro forma financial information required by Item 9.01(b). Except as provided herein, the disclosures made in the Initial Form 8-K remain unchanged.

 

Item 9.01. Financial Statements and Exhibits.

 

(a) Financial statements of businesses or funds acquired.

 

The audited consolidated financial statements of the Upstream Seller and subsidiaries as of December 31, 2022 and 2021 and for the years then ended, and the notes related thereto, were filed as Exhibit 99.2 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023 and are incorporated herein by reference.

 

The unaudited condensed consolidated financial statements of the Upstream Seller and subsidiaries as of June 30, 2023 and for the six months ended June 30, 2023 and 2022, and the notes related thereto, are filed as Exhibit 99.2 to this Amendment No. 1.

 

The audited consolidated financial statements of the Midstream Seller and subsidiaries as of December 31, 2022 and 2021 and for the years then ended, and the notes related thereto, were filed as Exhibit 99.3 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023 and are incorporated herein by reference.

 

The unaudited condensed consolidated financial statements of the Midstream Seller and subsidiaries as of June 30, 2023 and for the six months ended June 30, 2023 and 2022, and the notes related thereto, are filed as Exhibit 99.4 to this Amendment No. 1.

 

The audit report prepared by Cawley, Gillespie & Associates, Inc., independent petroleum engineers, relating to the Upstream Seller’s estimated quantities of its proved natural gas, natural gas liquids and crude oil reserves as of December 31, 2022 was filed as Exhibit 99.5 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023 and is incorporated herein by reference.

 

(b) Pro forma financial information.

 

The unaudited pro forma condensed combined balance sheet of EQT and subsidiaries as of June 30, 2023 and unaudited pro forma condensed combined statements of operations of EQT and subsidiaries for the six months ended June 30, 2023 and the year ended December 31, 2022, and the notes related thereto, are filed as Exhibit 99.5 to this Amendment No. 1.

 

 

 

 

(d) Exhibits.

 

Exhibit No.   Description
23.1   Consent of KPMG LLP (independent auditors of THQ Appalachia I, LLC).
23.2   Consent of KPMG LLP (independent auditors of THQ-XcL Holdings I, LLC).
23.3   Consent of Cawley, Gillespie & Associates, Inc.
99.1   Audited consolidated financial statements of THQ Appalachia I, LLC and subsidiaries as of December 31, 2022 and 2021 and for the years then ended, and the notes related thereto (incorporated by reference to Exhibit 99.2 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023).
99.2   Unaudited condensed financial statements of THQ Appalachia I, LLC and subsidiaries as of June 30, 2023 and for the six months ended June 30, 2023 and 2022, and the notes related thereto.
99.3   Audited consolidated financial statements of THQ-XcL Holdings I, LLC and subsidiaries as of December 31, 2022 and 2021 and for the years then ended, and the notes related thereto (incorporated by reference to Exhibit 99.3 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023).
99.4   Unaudited condensed financial statements of THQ-XcL Holdings I, LLC and subsidiaries as of June 30, 2023 and for the six months ended June 30, 2023 and 2022, and the notes related thereto.
99.5   Unaudited pro forma condensed combined balance sheet of EQT and subsidiaries as of June 30, 2023 and unaudited pro forma condensed combined statements of operations of EQT and subsidiaries for the six months ended June 30, 2023 and the year ended December 31, 2022.
99.6   Audit report prepared by Cawley, Gillespie & Associates, Inc., dated February 8, 2023, with respect to estimates of reserves and future net revenue of THQ Appalachia I, LLC as of December 31, 2022 (incorporated by reference to Exhibit 99.5 to the Current Report on Form 8-K filed by EQT with the SEC on May 3, 2023).
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  EQT CORPORATION  
     
Date:  October 30, 2023 By: /s/ Jeremy T. Knop
  Name: Jeremy T. Knop
  Title: Chief Financial Officer

 

 

 

EX-23.1 2 tm2328448d1_ex23-1.htm EXHIBIT 23.1

 

Exhibit 23.1

 

Consent of Independent Auditors

 

We consent to the incorporation by reference in the following registration statements on Form S-3 (333-274147, 333-267475, 333-258135 and 333-158198) and on Form S-8 (333-264424, 333-264423, 333-219508, 333-221529, 333-82193, 333-32410, 333-122382, 333-152044, 333-158682, 333-195625, 333-232657, 333-237953 and 333-230969) of EQT Corporation of our report dated March 29, 2023, with respect to the consolidated financial statements of THQ Appalachia I, LLC, which report appears in the Form 8-K of EQT Corporation dated May 3, 2023 and is incorporated by reference into the Form 8-K/A of EQT Corporation dated October 30, 2023.

 

/s/ KPMG LLP

 

Dallas, Texas

October 30, 2023

 

 

 

EX-23.2 3 tm2328448d1_ex23-2.htm EXHIBIT 23.2

 

Exhibit 23.2

 

Consent of Independent Auditors

 

We consent to the incorporation by reference in the following registration statements on Form S-3 (333-274147, 333-267475, 333-258135 and 333-158198) and on Form S-8 (333-264424, 333-264423, 333-219508, 333-221529, 333-82193, 333-32410, 333-122382, 333-152044, 333-158682, 333-195625, 333-232657, 333-237953 and 333-230969) of EQT Corporation of our report dated March 29, 2023, with respect to the consolidated financial statements of THQ-XcL Holdings I, LLC, which report appears in the Form 8-K of EQT Corporation dated May 3, 2023 and is incorporated by reference into the Form 8-K/A of EQT Corporation dated October 30, 2023.

 

/s/ KPMG LLP

 

Dallas, Texas

October 30, 2023

 

 

 

EX-23.3 4 tm2328448d1_ex23-3.htm EXHIBIT 23.3

 

Exhibit 23.3

 

Consent of Independent Petroleum Engineers

 

As independent petroleum engineers, we hereby consent to the references to our firm, in the context in which they appear, and to the references to, and the inclusion of, our reserve report and oil, natural gas and NGL reserves estimates and forecasts of economics as of December 31, 2022, included in or made part of the registration statements on Form S-3 (Nos. 333-274147, 333-267475, 333-258135 and 333-158198) and on Form S-8 (Nos. 333-264424, 333-264423, 333-219508, 333-221529, 333-82193, 333-32410, 333-122382, 333-152044, 333-158682, 333-195625, 333-232657, 333-237953 and 333-230969) of EQT Corporation, which is incorporated by reference into this Amendment No. 1 to Current Report on Form 8-K of EQT Corporation.

 

  CAWLEY, GILLESPIE & ASSOCIATES, INC.
  Texas Registered Engineering Firm
   
  /s/ W. Todd Brooker, P.E.
  W. Todd Brooker, P.E.
  President

 

Austin, Texas

October 30, 2023

 

 

 

EX-99.2 5 tm2328448d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(Unaudited)

 

    June 30,     December 31,  
    2023     2022  
Assets                
Current assets:                
Cash and cash equivalents   $ 30,259,038       30,103,726  
Accounts receivable – oil and gas sales     77,537,990       200,656,364  
Affiliate receivable     904,970       1,999,040  
Accounts receivable other     34,893,416       902,880  
Fair market value of derivatives     194,746,467       237,236,712  
Prepaid expenses     909,015       732,673  
Gas imbalances           198,781  
Total current assets     339,250,896       471,830,176  
Property and equipment:                
Oil and natural gas properties, at cost, using the successful efforts method, net     1,927,028,821       1,851,271,986  
Gathering facilities, net     29,158,564       19,455,911  
Other property and equipment, net     296,581       369,223  
Total property and equipment, net     1,956,483,966       1,871,097,120  
Other noncurrent assets:                
Restricted cash     13,942,252       13,813,919  
Long-term deposits     87,558       87,558  
Right-of-use assets     3,298,939       3,821,158  
Fair market value of derivatives     19,483,232       56,348,640  
Total other noncurrent assets     36,811,981       74,071,275  
Total assets   $ 2,332,546,843       2,416,998,571  
Liabilities and Members’ Equity                
Current liabilities:                
Accounts payable and accrued expenses   $ 53,373,620       80,012,797  
Affiliate payables     81,657,843       114,100,666  
Litigation accrual     22,950,000       250,000  
Revenues payable           899,439  
Fair market value of derivatives     249,929,021       447,299,358  
Gas imbalances     233,847       73,441  
Lease liabilities     1,592,315       1,833,168  
Contingent subordinated loan     150,022,398       150,017,055  
Total current liabilities     559,759,044       794,485,924  
Revolving credit facility     522,541,520       508,773,419  
Fair market value of derivatives     46,936,145       112,847,733  
Long-term lease liabilities     1,683,634       1,937,663  
Asset retirement obligations     18,663,063       17,217,634  
Total liabilities     1,149,583,406       1,435,262,373  
Commitments and contingencies (notes 8 and 9)                
Members’ equity:                
Members’ equity     592,925,823       592,925,823  
Retained earnings     590,037,614       388,810,375  
Total members’ equity     1,182,963,437       981,736,198  
Total liabilities and members’ equity   $ 2,332,546,843       2,416,998,571  

 

See accompanying notes to condensed consolidated financial statements.      

 

1

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Income

(Unaudited)

 

   Three Months Ended   Six Months Ended 
   June 30, 2023   June 30, 2022   June 30, 2023   June 30, 2022 
Revenues:                    
Oil sales  $24,559,550    54,497,676    49,301,141    106,362,377 
Natural gas sales   78,197,928    338,858,622    216,183,819    532,891,334 
Natural gas liquids sales   50,098,961    98,317,178    111,268,359    206,481,741 
Net gain (loss) on derivative instruments   46,548,939    (90,279,457)   137,840,722    (528,493,047)
Other revenues (losses) (note 10)   1,594,955    (550,151)   928,208    (514,687)
Total revenues   201,000,333    400,843,868    515,522,249    316,727,718 
Operating expenses:                    
Lease operating expenses   11,422,447    12,274,334    20,836,981    19,230,213 
Midstream operating expenses   (954,952)       275,899    343,057 
Production taxes   6,777,925    27,716,414    17,976,355    46,413,561 
Gathering, processing and transportation   47,809,571    47,209,845    91,536,119    92,992,038 
Exploration expense   1,730,227    4,296,502    4,930,924    4,490,140 
Depreciation, depletion and amortization   65,300,037    62,214,003    120,791,149    108,326,628 
General and administrative   27,961,678    4,319,593    37,445,445    8,128,854 
(Gain) loss on sale of other property and equipment       (63,874)   (1,008,644)   19,122 
Total operating expenses   160,046,933    157,966,817    292,784,228    279,943,613 
Income from operations   40,953,400    242,877,051    222,738,021    36,784,105 
Other income (expenses):                    
Interest expense   (11,462,661)   (6,546,842)   (22,035,741)   (12,090,986)
Interest income   230,074    32,190    524,959    48,589 
Total other expense   (11,232,587)   (6,514,652)   (21,510,782)   (12,042,397)
Net income  $29,720,813    236,362,399    201,227,239    24,741,708 

 

See accompanying notes to condensed consolidated financial statements.              

 

2

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Changes in Members’ Equity

(Unaudited)

 

   Members’   Retained   Total
members’
 
   equity   earnings   equity 
Six Months Ended June 30, 2022               
Balance, December 31, 2021  $592,925,823    179,544,904    772,470,727 
Net income       24,741,708    24,741,708 
Balance, June 30, 2022  $592,925,823    204,286,612    797,212,435 
                
Six Months Ended June 30, 2023               
Balance, December 31, 2022  $592,925,823    388,810,375    981,736,198 
Net income       201,227,239    201,227,239 
Balance, June 30, 2023  $592,925,823    590,037,614    1,182,963,437 
                
Three Months Ended June 30, 2022               
Balance, March 31, 2022   592,925,823    (32,075,787)   560,850,036 
Net income       236,362,399    236,362,399 
Balance, June 30, 2022  $592,925,823    204,286,612    797,212,435 
                
Three Months Ended June 30, 2023               
Balance, March 31, 2023  $592,925,823    560,316,801    1,153,242,624 
Net income       29,720,813    29,720,813 
Balance, June 30, 2023  $592,925,823    590,037,614    1,182,963,437 

 

See accompanying notes to condensed consolidated financial statements.        

 

3

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(Unaudited)

 

   Six Months Ended 
   June 30, 2023   June 30, 2022 
Cash flows from operating activities:          
Net income  $201,227,239    24,741,707 
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation, depletion and amortization   120,791,149    108,326,628 
Amortization of deferred financing costs   629,740    679,106 
Amortization of right-of-use assets   27,336     
Exploration expense   4,930,924    4,490,140 
Net (gain) loss on derivative instruments   (137,840,722)   528,493,047 
Net cash paid to derivative counterparties   (79,532,226)   (350,020,869)
(Gain) loss on sale of other property and equipment   (1,008,644)   19,122 
Change in operating assets and liabilities:          
Accounts receivable   122,743,514    (110,610,396)
Accounts receivable – affiliate   1,094,070    109,502 
Prepaid expenses   (176,342)   (1,582,013)
Accounts payable and accrued expenses   12,567,252    14,665,472 
Affiliate payables   (32,442,823)   (27,313,934)
Litigation accrual   22,700,000     
Revenues payable   (899,439)   (275,027)
Gas imbalances   359,187    1,882,152 
Net cash provided by operating activities   235,170,215    193,604,637 
Cash flows from investing activities:          
Net cash paid for acquisition of oil and natural gas properties   (21,071,441)   (18,618,385)
Additions to oil and natural gas properties   (228,092,434)   (222,698,812)
Proceeds from sale of other property and equipment   1,133,600    63,874 
Net cash used in investing activities   (248,030,275)   (241,253,323)
Cash flows from financing activities:          
Proceeds from revolving credit facility   15,000,000    50,000,000 
Proceeds from contingent subordinated loan   5,343     
Deferred financing costs   (1,861,638)   (83,951)
Net cash provided by financing activities   13,143,705    49,916,049 
Net increase in cash, cash equivalents, and restricted cash   283,645    2,267,363 
Cash, cash equivalents, and restricted cash, beginning of period   43,917,645    34,004,538 
Cash, cash equivalents, and restricted cash, end of period  $44,201,290    36,271,901 
Supplemental disclosure of cash flow information:          
Cash paid for interest  $18,523,219    11,212,592 
Noncash investing activities:          
Noncash additions to oil and natural gas properties  $30,268,188    56,194,027 

 

See accompanying notes to condensed consolidated financial statements.        

 

4

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(1)Organization and Principles of Consolidation

 

The accompanying condensed consolidated financial statements include the accounts of THQ Appalachia I, LLC and its wholly owned subsidiaries THQ Appalachia I Midco, LLC, TH Exploration, LLC, TH Exploration II, LLC, TH Exploration III, LLC, TH Exploration IV, LLC, CLR Exploration, LLC, and THQ Marketing, LLC. CLR Exploration was dissolved on May 17, 2022. During interim periods, the Company follows the same accounting policies disclosed in its audited Annual Financial Statements.

 

The accompanying unaudited condensed consolidated financial statements have been prepared by the Company's management in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP for complete financial statements. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes therein for the year ended December 31, 2022. The unaudited condensed consolidated financial statements included herein contain all adjustments which are, in the opinion of management, necessary to present fairly the Company's condensed consolidated balance sheets as of June 30, 2023 and December 31, 2022, its condensed consolidated statements of income and condensed consolidated statements of changes in members’ equity for the quarter and six months ended June 30, 2023 and 2022, and its condensed consolidated statements of cash flows for the six months ended June 30, 2023 and 2022. The condensed consolidated statements of income for the quarter and six months ended June 30, 2023 are not necessarily indicative of the results to be expected for future periods.

 

On September 6, 2022, the Company entered into a purchase agreement with EQT Corporation and its wholly owned subsidiary EQT Production Corporation, ( together “EQT”) to sell the Company’s upstream assets along with the gathering and processing assets of affiliate company THQ-XCL Holdings I, LLC for total consideration of approximately 50 million shares of common stock of EQT and $2.4 billion of cash, subject to customary post-closing adjustments (“Transaction”). The Company will be selling 100% of its membership interests in THQ Appalachia I Midco, LLC (“THQA Midco”) along with the 100% membership interests of the subsidiaries of THQA Midco. On December 23, 2022, the parties entered into an amended and restated purchase agreement to extend the right to terminate the original agreement to December 31, 2023, from the original termination date of December 31, 2022. This transaction has an effective date of July 1, 2022.

 

5

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(2)Relationship with Affiliate

 

The Company has an ongoing business relationship with an affiliate, Tug Hill Operating, LLC (“THO”). THO is responsible for acquisitions, drilling and operation of wells owned by the Company. As it incurs costs on behalf of the Company for these operations, THO bills the Company through its joint interest billing (“JIB”) process; and the Company reimburses THO for these costs at least monthly. THO is also responsible for the administration of the Company’s business. In exchange for these services, the Company pays a quarterly fee that includes (a) THO employees’ time and related expenses charged to the Company for the operation of its oil and natural gas properties, (b) an allocated amount of THO overhead expense calculated based on the number of hours THO employees spend working on Company projects, and (c) an additional percentage markup of the overall total of (a) and (b) to cover benefits and other employee-related costs and any unforeseen or difficult to allocate costs. The Company’s board approves the operating budgets. For the six months ended June 30, 2023, THO billed the Company $314.9 million through the JIB process. The amount due to THO for these services, which were included in the Company’s affiliate payables balance was $64.9 million as of June 30, 2023. Allocations consist of $22.6 million relating to acquisition of oil and natural gas properties, $12.7 million of lease operating expenses, $7.8 million in salaries and bonus for the operation of its oil and natural gas properties, $0.4 million for overhead expenses, $8.5 million of direct general and administrative expenses, and $262.9 million of capital expenditures for the six months ended June 30, 2023. For the six months ended June 30, 2022, THO billed the Company $313.0 million through the JIB process. Allocations consist of $18.8 million relating to acquisition of oil and natural gas properties, $13.3 million of lease operating expenses, $4.8 million in salaries and bonus for the operation of its oil and natural gas properties, $0.4 million for overhead expenses, $5.5 million of direct general and administrative expenses, and $270.2 million of capital expenditures for the six months ended June 30, 2022. The amounts due to THO for these services, which were included in the Company’s affiliate payables balance was $99.8 million as of December 31, 2022.

 

THO collects certain revenues from customers on behalf of the Company. The amount due from THO, which is included in the Company’s oil and gas sales accounts receivable balance, was $44.2 million and $84.6 million as of June 30, 2023 and December 31, 2022, respectively.

 

The Company incurred $44.9 million and $41.9 million in gathering, processing and transportation for the six months ended June 30, 2023 and 2022, respectively, and $23.3 million and $20.7 million in gathering, processing and transportation for the quarter ended June 30, 2023 and 2022, respectively, payable to XCL.

 

For the quarter and six months ended June 30, 2023 and 2022, the Company paid lease bonuses income and royalties, to an affiliate, Stone Hill Minerals Holdings I, LLC, a Quantum and R2K controlled entity as follows:

 

   Three months ended   Six months ended 
   June 30, 2023   June 30, 2022   June 30, 2023   June 30, 2022 
Lease bonuses income  $279,764    1,347,949    476,966    1,861,062 
Royalties   5,421,845    5,367,222    15,635,589    10,147,774 
Total  $5,701,609    6,715,171    16,112,555    12,008,836 

 

6

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(3)Property and Equipment

 

(a)Oil and Natural Gas Properties

 

Since inception, the Company has been involved in acquiring and leasing oil and natural gas properties in the southwest Appalachian Basin in the Northeastern United States.

 

Oil and natural gas properties consist of the following at:

 

   June 30, 2023   December 31, 2022 
Proved properties  $2,402,543,155    2,220,751,648 
Accumulated depreciation, depletion and amortization   (712,014,713)   (592,534,930)
Net   1,690,528,442    1,628,216,718 
Unproved properties   241,431,303    239,509,809 
Exploration and impairment   (4,930,924)   (16,454,541)
Net   236,500,379    223,055,268 
Total oil and natural gas properties, at cost, using the successful efforts method, net  $1,927,028,821    1,851,271,986 

 

Depreciation, depletion, and amortization expense for proved oil and natural gas properties was $64.6 million and $119.5 million for the quarter and six months ended June 30, 2023, respectively, and $61.7 million and $107.6 million for the quarter and six months ended June 30, 2022, respectively. Exploration and abandonment write off was $1.7 million and $4.9 million for the quarter and six months ended June 30, 2023, respectively, and $4.3 million and $4.5 million for the quarter and six months ended June 30, 2022, respectively. The Company had no significant costs which had been deferred for longer than one year as of June 30, 2023.

 

7

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(b)Gathering Facilities and Other Property and Equipment

 

Gathering facilities and other property and equipment consists of the following at:

 

   June 30, 2023   December 31, 2022 
Gathering facilities  $30,927,511    20,674,204 
Other property and equipment   2,204,054    2,146,045 
Total capitalized costs   33,131,565    22,820,249 
Accumulated depreciation   (3,676,420)   (2,995,115)
Total net capitalized costs  $29,455,145    19,825,134 

 

Depreciation expense for gathering facilities and other property and equipment was $0.4 million and $0.7 million for the quarter and six months ended June 30, 2023, respectively, and $0.3 million and $0.5 million for the quarter and six months ended June 30, 2022.

 

(4)Leases

 

The Company has operating leases for office space and compressors. These leases have initial terms ranging from 1 to 5.5 years and include renewal options ranging from 0 to 1 year. The Company does not include the renewal options in the lease term, as it is not reasonably certain such options will be exercised. Payments are for fixed amounts as contractually designated in the lease agreements.

 

The table below presents the lease related assets and liabilities recorded on our condensed consolidated balance sheet at:

 

   June 30, 2023   December 31, 2022 
Assets          
Right-of-use assets  $3,298,939   $3,821,158 
Total lease assets   3,298,939    3,821,158 
Liabilities          
Current lease liabilities   1,592,315    1,833,168 
Long-term lease liabilities   1,683,634    1,937,663 
Total lease liabilities  $3,275,949   $3,770,831 

 

8

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

The components of the Company’s lease costs are set forth in the table below:

 

   Three months ended   Six months ended 
   June 30, 2023   June 30, 2022   June 30, 2023   June 30, 2022 
Operating lease costs, excluding short-term leases (a)  $442,499    484,791    996,569    843,684 
Short-term lease costs (b)   10,891,170    5,880,129    20,387,712    12,185,078 
Variable lease costs (c)   30,442    7,169    92,912    31,504 
Total lease costs  $11,364,111    6,372,089    21,477,193    13,060,266 

 

(a)Operating lease expense reflects a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a straight-line basis. The operating lease costs are net of reimbursements from affiliates related to office leases of $0.1 million and $0.2 million for the quarter and six months ended June 30, 2023, respectively, and $0.1 million for the quarter and six months ended June 30, 2022.

 

(b)Short-term lease costs are reported at gross amounts and primarily represent costs incurred for the Company’s compressors, drilling rigs, and office equipment. These short-term contracts are not recognized as ROU assets and lease liabilities on the condensed consolidated balance sheets. The included drilling rig costs are capitalized to property and equipment of $10.8 million and $20.1 million for the quarter and six months ended June 30, 2023, respectively, and $5.8 million and $12.1 million for the quarter and six months ended June 30, 2022, respectively.

 

(c)Variable lease expenses primarily represent (i) differences between minimum payment obligations and actual operating charges incurred by the Company related to its long-term leases and (ii) variable expenses related to the Company’s office spaces, which include taxes, insurance and other utility and maintenance costs. Variable lease expenses are not included in the calculation of the Company’s ROU assets and lease liabilities on the condensed consolidated balance sheets.

 

9

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

A maturity analysis of lease payments under the Company’s long-term operating leases is presented as follows:

 

   June 30, 2023 
Remaining 2023  $976,400 
2024   1,281,800 
2025   721,550 
2026   300,000 
2027   150,000 
Total future minimum lease payments (undiscounted)   3,429,750 
Less: interest   153,801 
Present value of lease liability  $3,275,949 

 

As of June 30, 2023 and December 31, 2022, the weighted average lease term was 2.49 years and 2.7 years, respectively, and the weighted average discount rate was 3.61% for both periods.

 

The table below presents other supplemental lease information about the Company’s operating leases for the period presented:

 

   Six months ended 
   June 30, 2023   June 30, 2022 
Operating cash outflows from operating leases  $1,134,184    1,114,328 
Right-of-use assets obtained in exchange for new operating lease liabilties   544,597     

 

10

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(5)Contingent Subordinated Loan

 

On December 23, 2022, the Company entered into a senior unsecured promissory note with EQT under the amended and restated purchase agreement referenced in footnote 1. Per the agreement, the escrow funds of $150 million plus accrued interest were released to the Company with the stipulation that the funds would be exclusively used to pay down the current credit facility. The maturity date of the note is one year after the Termination Date, as defined in the amended and restated purchase agreement. Before the termination date, interest on the note will accrue on the outstanding principal at 0% per year; thereafter, interest will accrue on the outstanding principle at a rate of 10% per year, with the rate increasing in increments of 0.50% each quarter. Upon the successful close of the acquisition, the note will be applied towards the cash consideration to be paid by EQT and extinguish the note. As defined in the amended agreement, if the purchase agreement is terminated and the Company is entitled to retain the escrow funds, the outstanding balance would be applied towards releasing the escrow and extinguishing the note.

 

(6)Long-Term Debt

 

Senior Secured Revolving Credit Facility

 

The Company has a senior secured revolving bank credit facility (“the Credit Facility”) with a group of large, commercial lenders. Borrowings under the Credit Facility are subject to borrowing base limitations based on the collateral value of the Company’s proved properties and commodity hedge positions and are subject to regular semiannual redeterminations or more frequently if requested by the Company. The borrowing base was redetermined in May 2022 to be $850 million. As of June 30, 2023 and December 31, 2022, the Company had an outstanding balance under the Credit Facility of $525 million and $510 million, respectively, with a weighted average interest rate of approximately 8.46% and 7.64%, respectively. The amount reflected in the Company’s June 30, 2023 and December 31, 2022 condensed consolidated balance sheet is shown net of the debt issuance costs of $2.5 million and $1.2 million, respectively. The maturity date of the Credit Facility is January 1, 2025.

 

The Credit Facility is secured by liens on substantially all of the Company’s properties and guarantees from the Company’s restricted subsidiaries, as applicable. The Credit Facility contains certain covenants, including restrictions on indebtedness and dividends and requirements with respect to working capital and leverage coverage ratios. Interest is payable at a variable rate based on LIBOR or the prime rate, determined by the Company’s election at the time of borrowing. The Company was in compliance with all of the financial covenants under the Credit Facility as of June 30, 2023.

 

Commitment fees on the unused portion of the Credit Facility are due quarterly at a rate of 0.50% of the unused portion, based on utilization.

 

(7)Derivative Instruments

 

The Company periodically enters into natural gas, NGLs, and oil derivative contracts with counterparties to hedge the price risk associated with a portion of its production. These derivatives are not held for trading purposes. To the extent that changes occur in the market prices of natural gas, NGLs, and oil, the Company is exposed to market risk on these open contracts. This market risk exposure is generally offset by the change in market prices of natural gas, NGLs, and oil recognized upon the ultimate sale of the Company’s production.

 

11

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

During the six months ended June 30, 2023 and 2022, the Company was party to various natural gas fixed price swap contracts and costless collars. When actual commodity prices exceed the fixed price provided by the swap contracts, the Company pays the excess to the counterparty. When actual commodity prices are below the contractually provided fixed price, the Company receives the difference from the counterparty. When actual commodity prices fall within the band provided by the costless collars, the Company receives the actual prices from the counterparty. When actual commodity prices fall outside the band provided by the costless collars, the Company receives the price provided by the collar from the counterparty and pays the actual price to the counterparty.

 

In addition, the Company has entered into basis swap contracts in order to hedge the difference between the New York Mercantile Exchange (“NYMEX”) index price and a local index price. The Company’s derivative swap contracts have not been designated as hedges for accounting purposes; therefore, all gains and losses are recognized in the Company’s condensed consolidated statements of income.

 

As of June 30, 2023, the Company’s fixed price natural gas and oil swap positions were as follows:

 

   2023   2024 
NYMEX Henry Hub Long Puts:          
Volume (MMbtu/day)   322,500     
Average price ($/MMBtu)  $5.00     
           
NYMEX Henry Hub Short Calls:          
Volume (MMbtu/day)   322,500     
Average price ($/MMBtu)  $6.26     
           
Dominion South Basis Swaps:          
Volume (MMbtu/day)   320,000    100,000 
Average price ($/MMBtu)  $(0.92)   (0.72)

 

12

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

The following is a summary of derivative fair value losses which are recorded in the condensed consolidated statements of income included in net gain (loss) on derivative instruments:

 

   Three months ended 
   June 30, 2023   June 30, 2022 
Cash settlement of derivative contracts  $(4,795,073)   (237,124,719)
Noncash change in derivative fair value   51,344,012    146,845,262 
Net gain (loss) on derivative instruments  $46,548,939    (90,279,457)

 

   Six months ended 
   June 30, 2023   June 30, 2022 
Cash settlement of derivative contracts  $(46,085,550)   (350,020,869)
Noncash change in derivative fair value   183,926,272    (178,472,178)
Net gain (loss) on derivative instruments  $137,840,722    (528,493,047)

 

The following is a summary of the fair values of the Company’s derivative instruments and where such values are recorded in the condensed consolidated balance sheet as of:

 

      Fair value 
   Balance sheet  June 30,   December 31, 
   location  2023   2022 
Commodity derivatives:             
Commodity contracts  Current assets  $194,746,467    237,236,712 
Commodity contracts  Long-term assets   19,483,232    56,348,640 
Total derivative assets      214,229,699    293,585,352 
Commodity contracts  Current liabilities   249,929,021    447,299,358 
Commodity contracts  Long-term liabilities   46,936,145    112,847,733 
Total derivative liabilities      296,865,166    560,147,091 
Net derivatives     $(82,635,467)   (266,561,739)

 

The fair value of commodity derivative instruments was determined using Level 2 inputs. The Company classifies the fair value amounts of derivative financial instruments by commodity contract as net current or noncurrent assets or liabilities.

 

13

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

The Company entered into contracts to offset the mark to market variability of swaps and costless collar contracts in the third quarter of 2022, resulting in deferred premiums and fixed settlements with the counterparties. The premiums and fixed settlements are included in the fair market value reported on the balance sheet.

 

The following is a schedule of premiums due as of June 30, 2023:

 

   Remaining         
   2023   2024   Total 
Deferred premium payments  $104,418,160    61,930,860    166,349,020 
Fixed swap settlement payments   95,792,226    31,688,110    127,480,336 
Fixed swap settlement receipts   (35,194,696)   (27,445,170)   (62,639,866)
Total  $165,015,690    66,173,800    231,189,490 

 

(8)Commitments

 

The following is a schedule of future minimum payments for firm transportation, drilling rig and processing, gathering and compression agreements as of June 30, 2023.

 

       Processing,         
       gathering   Drilling     
   Firm   and   rigs and     
   transportation   compression   completion     
   (a)   (b)   (c)   Total 
Remaining 2023  $18,400,000        13,078,887    31,478,887 
2024   36,600,000            36,600,000 
2025   36,500,000            36,500,000 
2026   36,500,000            36,500,000 
2027   36,500,000            36,500,000 
Thereafter   222,300,000            222,300,000 
Total  $386,800,000        13,078,887    399,878,887 

 

14

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(a)Firm Transportation

 

The Company has entered into firm transportation agreements with a pipeline in order to facilitate the delivery of its production to market. This contract commits the Company to transport minimum daily natural gas volumes at negotiated rates, or pay for any deficiencies at specified reservation fee rates once the pipeline goes into service. The amounts in this table represent the Company’s minimum daily volumes at the reservation fee rate. The values in the table represent the gross amounts that the Company is committed to pay; however, the Company will record in the condensed consolidated financial statements its proportionate share of costs based on its net revenue interest.

 

(b)Processing, Gathering, and Compression Service Commitments

 

The Company has entered into various long-term gas gathering and processing agreements for certain of its production that will allow it to realize the value of its NGLs. The minimum payment obligations under the agreements are presented in the table. Actual payments under these agreements will differ from the amounts shown in the table above as the Company expects to deliver volumes in excess of the minimum commitment. These commitments have varying fees with escalation clauses based on annual percentage change in Oil PPI.

 

(c)Drilling Rig and Completion Service Commitments

 

The Company has obligations under agreements with service providers to procure drilling and completion services. The values in the table represent the gross amounts that the Company is committed to pay; however, the Company will record in the condensed consolidated financial statements its proportionate share of costs based on its working interest.

 

(9)Contingencies

 

Litigation

 

The Company is subject to a lawsuit wherein plaintiffs allege that the Company breached its contract by improperly deducting production and post-production costs from the royalties to which plaintiffs claim they are entitled. The Company has a litigation accrual of $0.3 million at June 30, 2023 for these claims.

 

A class action lawsuit was filed against Tug Hill et al., on June 3, 2021.  Plaintiffs alleged improper royalty deductions and that royalty owners have been underpaid.  On June 14, 2023, the Court granted Plaintiffs’ Motion for Partial Summary Judgment.  The Court’s decision redefined and required a producer to be burdened with costs after Tug Hill’s sale of hydrocarbons to an unaffiliated third party, which are downstream of Tug Hill’s point of sale as defined in the contracts. Tug Hill plans to appeal the Court’s ruling. The damages are estimated to be approximately $22.7 million.  This estimate of damages has been accrued at June 30, 2023 and is included in the litigation liability and general and administrative expense.

 

Environmental Remediation

 

Various federal, state, and local laws and regulations covering the discharge of materials into the environment, or otherwise relating to the protection of the environment, may affect the Company’s operations and the costs of its crude oil and gas natural exploration, development, and production operations. The Company does not anticipate that it will be required in the near future to expend significant amounts due to environmental laws and regulations, and accordingly no reserves have been recorded.

 

15

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(10)Other Revenues (Losses)

 

The Company experienced a gas imbalance loss of $0.8 million and $1.5 million for the quarter and six months ended June 30, 2023, respectively, and a loss of $0.9 million and $1.9 million for the quarter and six months ended June 30, 2022, respectively, which are reflected in other revenues (losses) in the Company’s condensed consolidated statements of income.

 

The Company also received fees from third parties for water transportation services and other asset use agreements of $2.4 million during the quarter and six months ended June 30, 2023, and $0.3 million and $1.4 million during the quarter and six months ended June 30, 2022, respectively.

 

(11)Membership Interests

 

There are two classes of membership interest – capital interests and management incentive interests. Capital interests held by Quantum, R2K and members of management have full voting rights and rights to share in the distributions of the Company. As described more fully in note 12, management incentive interests can be issued under the Incentive Pool Plan and are nonvoting with no rights to share in distributions until the capital contributed interests have earned the full base return.

 

The members have no liability for the debts, obligations and liabilities of the Company, except as expressly required in the agreement. The Company shall dissolve and its affairs shall be wound up upon the earliest to occur of (a) the expiration of its term on December 20, 2025, if not extended by the members, (b) election by the Board of Directors by majority approval at any time or (c) entry of a decree of judicial dissolution of the Company under the Delaware Limited Liability Company Act.

 

The timing and amounts of distributions, other than tax advances, are determined by the Board of Directors. Capital contributions will receive a base return of 8% on their contributions (“base return”) which continues accruing until distributions exceed the total capital contributions plus the 8% base return. The first 10% of R2K’s Capital Interest will be treated as un-promoted capital. Distributions to members’ capital that is promoted is subject to certain distribution flips, whereby, distributions will be made in proportion to the agreed upon sharing ratios. Tax advances may be made quarterly based on projections of the entity’s taxable income for the year.

 

(12)Management Incentive Unit Plan

 

Effective with the formation of the Company on July 23, 2014, the Company adopted an incentive unit plan, THQ (Appalachia I) Employee Holdings, LLC, to provide profit awards to employees (“management incentive units”). All of the incentive units are subject to vesting over five years, forfeiture, and termination. The management incentive units have no voting rights, do not have an exercise price and are automatically forfeited except in extenuating circumstances if and when such person’s status as an employee is terminated.

 

Compensation expense for these awards will be recognized when all performance, market, and service conditions are probable of being satisfied in general upon a vesting event, which is defined as (i) the sale of all or substantially all of the outstanding capital interests or assets of the Company, (ii) the time of any distribution by the Company after capital contributions of substantially all of the capital commitments have been made by the capital members, and the Board has determined that the Company will not raise additional capital, (iii) one year after the expiration of a lockup period in the event of a transfer of all or substantially all of the outstanding capital interests or assets of the Company to an individual, estate or a corporation, partnership, joint venture, limited partnership, limited liability company, trust, unincorporated organization, association or any other entity (“Person”) in exchange for publicly tradable securities of such Person; or two years after the expiration of a lockup period in the event that securities received in connection with the transfer constitute 15% or more of the total shares of such Person then outstanding.

 

16

 

 

THQ APPALACHIA I, LLC AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(13)Subsequent Events

 

On August 16, 2023, the U.S. Federal Trade Commission resolved its review of the Transaction (note 1). As a result, the closing condition relating to the Hart-Scott-Rodino Act of 1976, as amended, and the rules and regulations promulgated thereunder, has been satisfied, and the Transaction closed on August 22, 2023.

 

In preparing the condensed consolidated financial statements, management has evaluated all subsequent events and transactions for potential recognition or disclosure through August 29, 2023, the date the condensed consolidated financial statements were available for issuance, and no other items requiring disclosure were identified.

 

17

 

EX-99.4 6 tm2328448d1_ex99-4.htm EXHIBIT 99.4

 

Exhibit 99.4

 

THQ-XCL HOLDINGS I, LLC AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(Unaudited)

 

    June 30, 2023   December 31, 2022 
Assets          
Current assets:          
Cash and cash equivalents  $3,512,980    3,483,637 
Affiliate receivables   16,745,345    14,552,847 
Accounts receivable   7,544,380    7,128,464 
Prepaid expenditures   416,497    376,891 
Other current assets   690,745    1,872,837 
Total current assets   28,909,947    27,414,676 
Property and equipment:          
Land and rights-of-way   54,685,117    49,139,616 
Gathering and water pipelines and facilities   534,741,174    505,144,701 
Processing plant and facilities   148,312,418    148,312,418 
Other property and equipment   1,339,204    1,377,407 
Accumulated depreciation, depletion, and amortization   (110,606,388)   (93,707,282)
Property and equipment, net   628,471,525    610,266,860 
Right-of-use assets   1,659,575    2,089,536 
Total assets  $659,041,047    639,771,072 
Liabilities and Members’ Equity          
Current liabilities:          
Accounts payable and accrued expenses  $18,827,048    21,314,518 
Affiliate payables   5,313,699    7,578,850 
Lease liabilities   574,673    715,074 
Total current liabilities   24,715,420    29,608,442 
Revolving credit facility, net of deferred financing costs   167,513,918    157,250,782 
Long-term lease liabilities   1,084,902    1,374,462 
Total liabilities   193,314,240    188,233,686 
Commitments and contingencies (notes 6 and 7)          
Members’ equity:          
Members’ equity (note 8)   342,776,484    344,936,063 
Retained earnings   122,950,323    106,601,323 
Total members’ equity   465,726,807    451,537,386 
Total liabilities and members’ equity  $659,041,047    639,771,072 

 

See accompanying notes to condensed consolidated financial statements.    

 

1

 

 

THQ-XCL HOLDINGS I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Income

(Unaudited)

 

   Three Months Ended   Six Months Ended 
   June 30, 2023   June 30, 2022   June 30, 2023   June 30, 2022 
Revenues:                    
Midstream revenue  $328,952    612,746    603,286    1,587,720 
Midstream revenue – affiliate   24,059,540    22,706,752    46,775,252    44,536,475 
Processing revenue   8,229,335    8,205,943    16,138,500    16,259,451 
Other losses   (127,161)       (89,734)    
Total revenues   32,490,666    31,525,441    63,427,304    62,383,646 
Operating expenses:                    
Midstream operating expenses   5,045,193    3,588,164    9,955,886    8,694,880 
Processing operating expenses   1,536,656    1,154,182    2,660,626    2,088,600 
General and administrative   5,773,607    2,631,713    10,494,522    5,101,739 
Depreciation, depletion, and amortization   9,015,298    7,604,119    16,938,336    14,876,085 
Total operating expenses   21,370,754    14,978,178    40,049,370    30,761,304 
Income from operations   11,119,912    16,547,263    23,377,934    31,622,342 
Other expenses:                    
Gain on sale of assets           36,837     
Interest expense   (3,671,623)   (1,774,531)   (7,065,771)   (3,367,600)
Total other expense, net   (3,671,623)   (1,774,531)   (7,028,934)   (3,367,600)
Net income  $7,448,289    14,772,732    16,349,000    28,254,742 

 

See accompanying notes to condensed consolidated financial statements.          

 

2

 

 

THQ-XCL HOLDINGS I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Changes in Members’ Equity

(Unaudited)

 

           Total 
   Members’   Retained   members’ 
   equity   earnings   equity 
Six Months Ended June 30, 2022               
Balance, December 31, 2021  $347,520,988    60,392,584    407,913,572 
Distribution to members   (2,584,925)       (2,584,925)
Net income       28,254,742    28,254,742 
Balance, June 30, 2022  $344,936,063    88,647,326    433,583,389 
                
Six Months Ended June 30, 2023               
Balance, December 31, 2022  $344,936,063    106,601,323    451,537,386 
Distribution to members   (2,159,579)       (2,159,579)
Net income       16,349,000    16,349,000 
Balance, June 30, 2023  $342,776,484    122,950,323    465,726,807 
                
Three Months Ended June 30, 2022               
Balance, March 31, 2022  $344,936,063    73,874,594    418,810,657 
Net income       14,772,732    14,772,732 
Balance, June 30, 2022  $344,936,063    88,647,326    433,583,389 
                
Three Months Ended June 30, 2023               
Balance, March 31, 2023  $342,776,484    115,502,034    458,278,518 
Net income       7,448,289    7,448,289 
Balance, June 30, 2023  $342,776,484    122,950,323    465,726,807 

 

See accompanying notes to condensed consolidated financial statements.    

 

3

 

 

THQ-XCL HOLDINGS I, LLC AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(Unaudited)

 

   Six Months Ended 
   June 30, 2023   June 30, 2022 
Cash flows from operating activities:          
Net income  $16,349,000    28,254,742 
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation, depletion and amortization   16,938,336    14,876,085 
Amortization of debt issuance cost   317,583    310,547 
(Gain) or loss on sale of assets   (36,837)    
Changes in operating assets and liabilities:          
Affiliate receivables   (2,192,497)   9,195,630 
Accounts receivable   (415,916)   (494,562)
Prepaid expenditures   (39,606)   (1,022,493)
Accounts payable and accrued expenses   1,229,131    7,242,890 
Affiliate payables   (2,265,151)   (3,281,055)
Other current assets   1,182,092     
Net cash provided by operating activities   31,066,135    55,081,784 
Cash flows from investing activities:          
Acquisition of land and rights of way   (5,592,464)   (6,421,574)
Capital expenditures   (33,267,139)   (22,222,860)
Sale of assets   36,837     
Net cash used in investing activities   (38,822,766)   (28,644,434)
Cash flows from financing activity:          
Members’ distributions   (2,159,579)   (2,584,925)
Proceeds from borrowings on credit facility   10,000,000     
Payments on revolving credit facility       (23,000,000)
Debt issuance - commitment fee   (54,447)    
Net cash provided by (used in) financing activity   7,785,974    (25,584,925)
Net increase in cash and cash equivalents   29,343    852,425 
Cash and cash equivalents, beginning of period   3,483,637    15,540,976 
Cash and cash equivalents, end of period  $3,512,980    16,393,401 
Supplemental disclosure of cash flow information:          
Cash paid for interest  $6,741,133    3,060,763 
Noncash investing activities:          
Noncash additions to property  $7,085,613    4,644,390 

 

See accompanying notes to condensed consolidated financial statements.    

 

4

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022 

(Unaudited)

 

(1)Organization and Principles of Consolidation

 

The accompanying condensed consolidated financial statements include the accounts of THQ-XcL Holdings I, LLC (“the Company”) and its wholly owned subsidiaries THQ-XcL Holdings I Midco, LLC, XcL Holdings Corporation, XcL Midstream, LLC, XcL Midstream Operating, LLC, XcL Processing, LLC, and XcL Processing Operating, LLC. XcL Holdings Corporation was dissolved on May 17, 2022. During interim periods, the Company follows the same accounting policies disclosed in its audited Annual Financial Statements.

 

The accompanying unaudited condensed consolidated financial statements have been prepared by the Company's management in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP for complete financial statements. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes therein for the year ended December 31, 2022. The unaudited condensed consolidated financial statements included herein contain all adjustments which are, in the opinion of management, necessary to present fairly the Company's condensed consolidated balance sheets as of June 30, 2023 and December 31, 2022, its condensed consolidated statements of income and condensed consolidated statements of changes in members’ equity for the quarter and six months ended June 30, 2023 and 2022, and its condensed consolidated statements of cash flows for the six months ended June 30, 2023 and 2022. The condensed consolidated statements of income for the quarter and six months ended June 30, 2023 are not necessarily indicative of the results to be expected for future periods.

 

On September 6, 2022, the Company entered into a purchase agreement with EQT Corporation and its wholly owned subsidiary EQT Production Corporation, ( together “EQT”) to sell the Company’s gathering and processing assets along with the upstream assets of affiliate company THQ Appalachia I, LLC for total consideration of approximately 50 million shares of common stock of EQT and approximately $2.4 billion of cash, subject to customary post-closing adjustments (“Transaction”). The Company will be selling 100% of its membership interests in THQ-XCL Holdings I Midco, LLC (“THQ-XcL Midco”) along with the 100% membership interests of the subsidiaries of THQ-XcL Midco. On December 23, 2022, the parties entered into an amended and restated purchase agreement to extend the right to terminate the original agreement to December 31, 2023, from the original termination date of December 31, 2022. This transaction has an effective date of July 1, 2022.

 

(2)Relationship with Affiliate

 

The Company has an ongoing business relationship with an affiliate, Tug Hill Operating, LLC (“THO”). THO is responsible for acquisitions, construction and operation of gathering systems and related facilities owned by the Company. As it incurs costs on behalf of the Company for these operations, THO bills the Company through its joint interest billing (“JIB”) process; and the Company reimburses THO for these costs at least monthly. THO is also responsible for the administration of the Company’s business. In exchange for these services, the Company pays a quarterly fee that includes (a) THO employees’ time and related expenses charged to the Company for the operation of its oil and natural gas properties, (b) an allocated amount of THO overhead expense calculated based on the number of hours THO employees spend working on Company projects, and (c) an additional percentage markup of the overall total of (a) and (b) to cover benefits and other employee-related costs and any unforeseen or difficult to allocate costs. The Company’s board approves the operating budgets. For the six months ended June 30, 2023, THO billed the Company $12.5 million through the JIB process. The amount due to THO for these services, which were included in the Company’s affiliate payables balance was $4.5 million as of June 30, 2023. The remaining affiliate payable balance of $0.8 million as of June 30, 2023 was for revenues received by the Company that were due to THQA. Allocations consist of $0.1 million of construction expenditures and operating expenses, $7.0 million in salaries and bonus for the operation of its business, $0.3 million for overhead expenses, and $5.1 million of direct general and administrative expenses for the six months ended June 30, 2023. For the six months ended June 30, 2022, THO billed the Company $8.6 million, respectively through the JIB process. Allocations consist of $0.1 million relating to acquisition of surface use agreements and rights-of-way, $1.5 million of construction expenditures and operating expenses, $4.7 million in salaries and bonus for the operation of its business, $0.3 million for overhead expenses, and $2.0 million of direct general and administrative expenses for the six months ended June 30, 2022. The amounts due to THO for these services, which were included in the Company’s affiliate payables balance was $5.7 million as of December 31, 2022. The remaining affiliate payable balance of $1.9 million as of December 31, 2022 was for revenues received by the Company that were due to THQA.

 

5

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries 

Notes to Condensed Consolidated Financial Statements 

June 30, 2023 and 2022 

(Unaudited)

 

 

(3)Property and Equipment

 

Property and equipment consists of the following:

 

   June 30, 2023   December 31, 2022 
Gathering and water pipelines and facilities  $534,741,174    505,144,701 
Land and rights-of-way   54,685,117    49,139,616 
Processing plant and facilities   148,312,418    148,312,418 
Other property and equipment   1,339,204    1,377,407 
Total capitalized costs   739,077,913    703,974,142 
Accumulated depreciation   (110,606,388)   (93,707,282)
Total net capitalized costs  $628,471,525    610,266,860 

 

Depreciation expense was recorded on certain pipelines, facilities, and the processing plant that were placed into service as of June 30, 2023 and December 31, 2022, using a 20-year life. For those pipelines and facilities that were still in the construction phase, no depreciation was recorded in 2022 or 2023.

 

(4)Leases

 

The Company has operating leases for compressors and storage space. These leases have initial terms ranging from 1 to 5 years and include renewal options ranging from 0 to 5 years. The Company does not include the renewal options in the lease term, as it is not reasonably certain such options will be exercised. Payments are for fixed amounts as contractually designated in the lease agreements.

 

6

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

The table below presents the lease related assets and liabilities recorded on our condensed consolidated balance sheets:

 

   June 30, 2023   December 31, 2022 
Assets          
Right-of-use assets  $1,659,575    2,089,536 
Total lease assets   1,659,575    2,089,536 
Liabilities          
Current lease liabilities   574,673    715,074 
Long-term lease liabilities   1,084,902    1,374,462 
Total lease liabilities  $1,659,575    2,089,536 
           

 

The components of the Company’s lease costs are set forth in the tables below:

 

   Three months ended   Six months ended 
   June 30, 2023   June 30, 2022   June 30, 2023   June 30, 2022 
Operating lease costs, excluding short-term leases (a)  $310,500    320,500   $615,000    591,000 
Short-term lease costs (b)   68,290    44,760    136,696    90,055 
Variable lease costs (c)   (2,073)   43,498    21,585    62,818 
Total lease costs  $376,717    408,758   $773,281    743,873 

 

  (a)Operating lease expense reflects a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a straight-line basis. The operating lease costs of the quarter and six months ended June 30, 2023 include $0.2 million and $0.5 million of midstream operating expenses related to compressors, respectively, and $0.1 million and $0.1 million of costs capitalized to property and equipment for storage space, respectively. The operating lease costs of the quarter and six months ended June 30, 2022 include $0.3 million and $0.6 million of midstream operating expenses related to compressors, respectively.
  

  (b)Short-term lease costs are reported at gross amounts and primarily represent costs incurred for the Company’s additional compressors and office equipment. These short-term contracts are not recognized as ROU assets and lease liabilities on the condensed consolidated balance sheets.
  

  (c)Variable lease expenses primarily represent (i) differences between minimum payment obligations and actual operating charges incurred by the Company related to its long-term leases and (ii) variable expenses related to the Company’s office spaces, which include taxes, insurance and other utility and maintenance costs. Variable lease expenses are not included in the calculation of the Company’s ROU assets and lease liabilities on the condensed consolidated balance sheets.

 

7

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

A maturity analysis of lease payments under the Company’s long-term operating leases is presented as follows:

 

   June 30, 2023 
Remaining 2023  $309,000 
2024   618,000 
2025   618,000 
2026   181,500 
2027   9,000 
Total future minimum lease payments (undiscounted)   1,735,500 
Less: interest   75,925 
Present value of lease liability  $1,659,575 

 

As of June 30, 2023 and December 31, 2022, the weighted average lease term was 2.83 years and 3.11 years, respectively, and the weighted average discount rate was 3.10% for both periods.

 

The table below presents other supplemental lease information about the Company’s operating leases for the period presented:

 

   Six months ended 
   June 30, 2023   June 30, 2022 
Operating cash outflows from operating leases  $441,000   $591,000 
Investing cash outflows from operating leases   18,000     

 

As referenced in footnote 2, the Company is billed by THO for an allocated amount of overhead expenses. For the six months ended June 30, 2023 and 2022, THO billed the Company $5.1 million and $2.0 million, of direct general and administrative, of which $0.2 million and $0.2 million of expenses related to operating leases and short-term lease obligations held by THO, respectively.

 

8

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(5)Long-Term Debt

 

Senior Secured Revolving Credit Facility

 

The Company has a $250 million senior secured revolving bank credit facility (“the Credit Facility”) with a group of large, commercial lenders with a maturity date of May 2, 2025. Borrowings under the Credit Facility are limited based on meeting quarterly interest and leverage coverage ratios. The amounts outstanding were $168.7 million and $158.7 million as of June 30, 2023 and December 31, 2022, respectively, with a weighted average interest rate of approximately 8.16% and 7.29%, respectively. The amount reflected in the Company’s June 30, 2023 and December 31, 2022 balance sheets are shown net of the debt issuance costs of $1.2 million and $1.5 million, respectively.

 

The Credit Facility is secured by liens on substantially all of the Company’s properties and guarantees from the Company’s restricted subsidiaries, as applicable. The Credit Facility contains certain other covenants, including restrictions on indebtedness and dividends. Interest is payable at a variable rate based on LIBOR or the prime rate, determined by the Company’s election at the time of borrowing. The Company was in compliance with all of the financial covenants under the Credit Facility as of June 30, 2023.

 

(6)Commitments

 

The following is a schedule of future minimum payments for fractionation services and purchase orders for cryogenic processing facilities, pipelines, and interconnections as of June 30, 2023.

 

       Processing   Pipelines     
   Fractionation   Facilities   and Meters     
   (a)   (b)   (c)   Total 
Remaining 2023  $4,331,250    670,546    945,525    5,947,321 
2024   5,748,750            5,748,750 
2025   5,748,750            5,748,750 
2026   5,748,750            5,748,750 
2027   2,409,750            2,409,750 
Totals  $23,987,250    670,546    945,525    25,603,321 

 

(a)Fractionation

 

The Company has entered into a firm fractionation agreement in order to facilitate the fractionation of natural gas liquids into purity products. This contract commits the Company to transport minimum daily natural gas liquids volumes at negotiated rates, or pay for any deficiencies at a specified fee beginning in the third quarter of 2021. Actual payments under this agreement will differ from the amounts shown in the table above as the Company expects to deliver volumes in excess of the minimum commitment. This commitment has varying terms, renewal rights and an escalation clause. The fractionation fee is escalated annually and is adjusted up or down in proportion to the lesser of 55% of the annual percentage change in the Oil PPI ended June of the year preceding the date of adjustment or 2%; provided, however, that in no event shall the adjustment fee ever be less than the initial fee.

 

9

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(b)Processing Facilities

 

The Company is committed to regular maintenance services and repairs on the cryogenic processing facility.

 

(c)Pipelines and Meters

 

The Company is committed to purchases of steel pipe, metering, and related materials during 2023.

 

(7)Contingencies

 

The Company is subject to certain claims and litigation arising in the normal course of business. In the opinion of management, the outcome of such matters will not have a material adverse effect on the results of operations or financial position of the Company.

 

(8)Membership Interests

 

There are two classes of membership interest – capital interests and management incentive interests. Capital interests held by Quantum, R2K and members of management have full voting rights and rights to share in the distributions of the Company. As described more fully in note 9, management incentive interests can be issued under the Incentive Pool Plan and are non-voting with no rights to share in distributions until the capital contributed interests have earned the full base return.

 

The members have no liability for the debts, obligations and liabilities of the Company, except as expressly required in the agreement. The Company shall dissolve and its affairs shall be wound up upon the earliest to occur of (a) the expiration of its term on December 20, 2025, if not extended by the members, (b) election by the Board of Directors by majority approval at any time or (c) entry of a decree of judicial dissolution of the Company under the Delaware Limited Liability Company Act.

 

The timing and amounts of distributions, other than tax advances, are determined by the Board of Directors. Capital contributions will receive a base return of 8% on their contributions (“base return”) which continues accruing until distributions exceed the total capital contributions plus the 8% base return. The first 10% of R2K’s Capital Interest will be treated as un-promoted capital. Distributions to members’ capital that is promoted is subject to certain distribution flips, whereby, distributions will be made in proportion to the agreed upon sharing ratios. Tax advances may be made quarterly based on projections of the entity’s taxable income for the year. On March 15, 2023 and 2022, the Company paid $2.2 million and $2.6 million of West Virginia withholding taxes on behalf of the members, respectively. These payments were treated as distributions.

 

Total equity commitments from the members is $457 million, of which $358 million was funded as of June 30, 2023, leaving $99 million in available equity should the Company need additional funding.

 

10

 

 

THQ-XCL HOLDINgS I, LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

June 30, 2023 and 2022

(Unaudited)

 

(9)Management Incentive Unit Plan

 

Effective with the formation of the Company on December 20, 2017, the Company adopted an incentive unit plan, THQ-XcL Employee Holdings I, LLC, (“the Plan”) to provide profit awards to employees (“management incentive units”). The Company can issue up to 2,000,000 units to certain employees in consideration of services rendered and to be rendered by the holders, for the benefit of the Company in their capacities as employees. All of the incentive units will be subject to vesting over five years, forfeiture, and termination. The management incentive units have no voting rights, do not have an exercise price and are automatically forfeited except in extenuating circumstances if and when such person’s status as an employee is terminated.

 

Compensation expense for these awards will be recognized when all performance, market, and service conditions are probable of being satisfied in general upon a vesting event, which is defined as (i) the sale of all or substantially all of the outstanding capital interests or assets of the Company, (ii) the time of any distribution by the Company after capital contributions of substantially all of the capital commitments have been made by the capital members, and the Board has determined that the Company will not raise additional capital, (iii) one year after the expiration of a lockup period in the event of a transfer of all or substantially all of the outstanding capital interests or assets of the Company to an individual, estate or a corporation, partnership, joint venture, limited partnership, limited liability company, trust, unincorporated organization, association or any other entity (“Person”) in exchange for publicly tradable securities of such Person; or two years after the expiration of a lockup period in the event that securities received in connection with the transfer constitute 15% or more of the total shares of such Person then outstanding.

 

(10)Subsequent Events

 

On August 16, 2023, the U.S. Federal Trade Commission resolved its review of the Transaction (note 1). As a result, the closing condition relating to the Hart-Scott-Rodino Act of 1976, as amended, and the rules and regulations promulgated thereunder, has been satisfied, and the Transaction closed on August 22, 2023.

 

In preparing the condensed consolidated financial statements, management has evaluated all subsequent events and transactions for potential recognition or disclosure through August 29, 2023, the date the condensed consolidated financial statements were available for issuance, and no other items requiring disclosure were identified.

 

11

EX-99.5 7 tm2328448d1_ex99-5.htm EXHIBIT 99.5

 

Exhibit 99.5

 

EQT CORPORATION AND SUBSIDIARIES

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION

 

On August 22, 2023 (the Closing Date), EQT Corporation and subsidiaries (EQT or the Company) completed its acquisition (the Acquisition) of the upstream assets from THQ Appalachia I, LLC (the Upstream Seller) and the gathering and processing assets from THQ-XcL Holdings I, LLC (the Midstream Seller and, together with the Upstream Seller, the Sellers) through the acquisition of all of the issued and outstanding membership interests of each of THQ Appalachia I Midco, LLC and THQ-XcL Holdings I Midco, LLC pursuant to the Amended and Restated Purchase Agreement, dated December 23, 2022 (as amended, the Purchase Agreement), by and among EQT Corporation, EQT Production Company (a wholly-owned indirect subsidiary of EQT), the Upstream Seller, the Midstream Seller and the subsidiaries of the Sellers named on the signature pages thereto.

 

The purchase price for the Acquisition consisted of 49,599,796 shares of EQT Corporation common stock and approximately $2.4 billion in cash, subject to customary post-closing adjustments. The Company funded the cash portion of the consideration with $1.25 billion of borrowings under its term loan facility (Term Loan Facility), $1.0 billion of cash on hand (including a portion of the proceeds from its October 4, 2022 issuance of senior unsecured notes) and the $150 million cash deposit for the Acquisition previously placed in escrow.

 

The following unaudited pro forma condensed combined financial statements (the pro forma financial statements) have been prepared to reflect the effects of the Acquisition on the consolidated financial statements of EQT and are derived from:

 

the historical audited and unaudited financial statements of EQT;

 

the historical audited and unaudited financial statements of the Upstream Seller, which includes the accounts of the subsidiaries acquired by the Company in the Acquisition (the Upstream Companies); and

 

the historical audited and unaudited financial statements of the Midstream Seller, which includes the accounts of the subsidiaries acquired by the Company in the Acquisition (the Midstream Companies).

 

The pro forma financial statements are provided for informational purposes only and do not purport to represent what the actual consolidated results of operations or the consolidated financial position of EQT would have been had the Acquisition occurred on the dates assumed, nor are they necessarily indicative of future consolidated results of operations or consolidated financial position. The pro forma financial statements should be read in conjunction with:

 

the accompanying notes to the pro forma financial statements;

 

the audited consolidated financial statements and accompanying notes of EQT contained in EQT's Annual Report on Form 10-K for the year ended December 31, 2022;

 

the audited consolidated financial statements and accompanying notes of the Upstream Seller and the Midstream Seller for the year ended December 31, 2022, which are filed exhibits to the Current Report on Form 8-K filed by EQT on May 3, 2023;

 

the unaudited condensed consolidated financial statements and accompanying notes of EQT contained in EQT's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023; and

 

the unaudited condensed consolidated financial statements and accompanying notes of the Upstream Seller and the Midstream Seller as of and for the six months ended June 30, 2023, which are filed exhibits to Amendment No. 1 to the Current Report on Form 8-K/A to which this exhibit also forms a part (the Form 8-K/A).

 

 

 

 

EQT Corporation and Subsidiaries

Unaudited Pro Forma Condensed Combined Balance Sheet

June 30, 2023

 

  EQT Historical  Upstream Seller
Historical
  Midstream Seller
Historical
  Pro Forma
Adjustments
   Pro Forma
Combined
 
                 
          (Thousands)          
ASSETS                     
Current assets:                     
Cash and cash equivalents $1,215,492  $30,259  $3,513  $(2,403,301) (a)  $212,191 
               (33,772) (c)     
               150,000  (f)     
               1,250,000  (l)     
Accounts receivable, net  475,211   113,336   24,290   (19,101) (f)   542,964 
               (44,169) (a)     
               (224) (c)     
               10,341  (a)     
               (16,720) (g)     
Derivative instruments, at fair value  683,612   194,746      5,815  (b)   835,202 
               (48,971) (c)     
Prepaid expenses and other  51,254   909   1,107       53,270 
Total current assets  2,425,569   339,250   28,910   (1,150,102)   1,643,627 
                      
Property, plant and equipment  28,299,959   2,677,106   739,078   1,125,760  (a)   32,841,903 
Less: Accumulated depreciation and depletion  9,976,460   720,622   110,606   (831,228) (a)   9,976,460 
Net property, plant and equipment  18,323,499   1,956,484   628,472   1,956,988    22,865,443 
                      
Other assets  524,409   36,813   1,660   (5,815) (b)   372,334 
               (13,668) (c)     
               (13,942) (c)     
               (150,000) (f)     
               (7,123) (l)     
Total assets $21,273,477  $2,332,547  $659,042  $616,338   $24,881,404 

 

 

 

 

   EQT Historical  Upstream Seller
Historical
  Midstream
Seller Historical
  Pro Forma
Adjustments
   Pro Forma
Combined
 
                  
   (Thousands) 
LIABILITIES AND EQUITY                      
Current liabilities:                      
Current portion of debt  $413,917  $  $  $   $413,917 
Accounts payable   1,049,895   135,031   24,141   52,267  (a)   1,163,868 
                234  (b)     
                (6,291) (c)     
                (64,893) (a)     
                (19,101) (f)     
                9,305  (a)     
                (16,720) (g)     
Derivative instruments, at fair value   485,224   249,929      (246,893) (c)   488,260 
Other current liabilities   233,790   174,799   575   (23,184) (b)   247,988 
                (150,022) (c)     
                12,030  (h)     
Total current liabilities   2,182,826   559,759   24,716   (453,268)   2,314,033 
                       
Credit facility borrowings      522,542   167,515   (690,057) (c)    
Term Loan Facility borrowings            1,242,877  (l)   1,242,877 
Senior notes   4,172,232             4,172,232 
Note payable to EQM Midstream Partners, LP   85,404             85,404 
Deferred income taxes   1,877,584         (1,014) (i)   1,876,570 
Other liabilities and credits   910,403   67,283   1,085   48,860  (a)   1,003,645 
                22,950  (b)     
                (46,936) (c)     
Total liabilities   9,228,449   1,149,584   193,316   123,412    10,694,761 
                       
Equity:                      
Total common shareholders' equity   12,005,772   1,182,963   465,726   2,152,631  (a)   14,147,387 
                (1,659,705) (i)     
Noncontrolling interest in consolidated subsidiaries   39,256               39,256 
Total equity   12,045,028   1,182,963   465,726   492,926    14,186,643 
Total liabilities and equity  $21,273,477  $2,332,547  $659,042  $616,338   $24,881,404 

 

See accompanying notes to the unaudited pro forma condensed combined financial information.

 

 

 

 

EQT Corporation and Subsidiaries

Unaudited Pro Forma Condensed Combined Statement of Operations

Six Months Ended June 30, 2023

 

   EQT Historical  Upstream Seller
Historical
  Midstream Seller
Historical
  Pro Forma
Adjustments
   Pro Forma
Combined
 
                  
   (Thousands, except per share amounts) 
Operating revenues:                      
Sales of natural gas, natural gas liquids and oil  $2,678,683  $376,753  $  $   $3,055,436 
Gain on derivatives   989,238   137,841      1,512  (c)   1,128,591 
Net marketing services and other   11,901   928   (90)  63,518  (b)   15,175 
                (61,082) (g)     
Midstream         47,379   (47,379) (b)    
Processing         16,139   (16,139) (b)    
Total operating revenues   3,679,822   515,522   63,428   (59,570)   4,199,202 
Operating expenses:                      
Transportation and processing   1,038,146   91,536      (60,806) (g)   1,068,876 
Production   102,978   38,813      12,617  (b)   150,956 
                (3,452) (d)     
Exploration   2,155   4,931      (4,931) (b)   2,155 
Selling, general and administrative   112,057   37,445   10,495   (580) (c)   151,347 
                (8,070) (b)     
Depreciation and depletion   783,369   120,791   16,938   31,620  (e)   952,718 
Loss (gain) on sale/exchange of long-lived assets   16,303   (1,009)         15,294 
Impairment and expiration of leases   15,871         4,931  (b)   20,802 
Other operating expenses   33,056         8,070  (b)   41,126 
Midstream operating      276   9,956   (10,232) (b)    
Processing operating         2,661   (2,661) (b)    
Total operating expenses   2,103,935   292,784   40,049   (33,494)   2,403,274 
Operating income   1,575,887   222,738   23,378   (26,076)   1,795,927 
Income from investments   (5,856)            (5,856)
Dividend and other income   (737)     (37)      (774)
Gain on debt extinguishment   (1,144)            (1,144)
Interest expense, net   86,429   21,511   7,066   (28,577) (c)   131,335 
                44,906  (l)     
Income before income taxes   1,497,195   201,227   16,349   (42,405)   1,672,366 
Income tax expense   344,828         47,851  (k)   392,679 
Net income   1,152,367   201,227   16,349   (90,256)   1,279,687 
Less: Net income attributable to noncontrolling interests   445             445 
Net income attributable to EQT Corporation  $1,151,922  $201,227  $16,349  $(90,256)  $1,279,242 
Income per share of common stock attributable to EQT Corporation:                      
Basic:                      
Weighted average common stock outstanding   361,721                361,721 
Net income attributable to EQT Corporation  $3.18               $3.54 
Diluted:                      
Weighted average common stock outstanding   393,435                393,435 
Net income attributable to EQT Corporation  $2.94               $3.26 

 

See accompanying notes to the unaudited pro forma condensed combined financial information.

 

 

 

 

EQT Corporation and Subsidiaries

Unaudited Pro Forma Condensed Combined Statement of Operations

Year Ended December 31, 2022

 

  EQT Historical  Upstream Seller
Historical
  Midstream Seller
Historical
  Pro Forma
Adjustments
   Pro Forma
Combined
 
                 
  (Thousands, except per share amounts) 
Operating revenues:                     
Sales of natural gas, natural gas liquids and oil $12,114,168  $1,688,665  $  $   $13,802,833 
Loss on derivatives  (4,642,932)  (880,111)     994,222  (c)   (4,528,821)
Net marketing services and other  26,453   1,313   2   121,740  (b)   35,472 
               (114,036) (g)     
Midstream        89,868   (89,868) (b)    
Processing        31,872   (31,872) (b)    
Total operating revenues  7,497,689   809,867   121,742   880,186    9,309,484 
Operating expenses:                     
Transportation and processing  2,116,976   192,890      (114,036) (g)   2,195,830 
Production  300,985   132,350      22,997  (b)   449,804 
               (6,528) (d)     
Exploration  3,438   16,455      (16,455) (b)   3,438 
Selling, general and administrative  252,645   19,961   12,595   (977) (c)   277,814 
               (6,410) (b)     
Depreciation and depletion  1,665,962   206,738   31,321   103,911  (e)   2,007,932 
(Gain) loss on sale/exchange of long-lived assets  (8,446)  229          (8,217)
Impairment of contract asset  214,195             214,195 
Impairment and expiration of leases  176,606         16,455  (b)   193,061 
Other operating expenses  57,331         6,410  (b)   75,771 
               12,030  (h)     
Midstream operating        18,202   (18,202) (b)    
Processing operating        4,795   (4,795) (b)    
Total operating expenses  4,779,692   568,623   66,913   (5,600)   5,409,628 
Operating income  2,717,997   241,244   54,829   885,786    3,899,856 
Loss from investments  4,931             4,931 
Dividend and other income  (11,280)  (19)         (11,299)
Loss on debt extinguishment  140,029             140,029 
Interest expense  249,655   31,998   8,620   (33,976) (c)   361,944 
               (6,642) (j)     
               112,289  (l)     
Income before income taxes  2,334,662   209,265   46,209   814,115    3,404,251 
Income tax expense  553,720         275,523  (k)   829,243 
Net income  1,780,942   209,265   46,209   538,592    2,575,008 
Less: Net income attributable to noncontrolling interests  9,977             9,977 
Net income attributable to EQT Corporation $1,770,965  $209,265  $46,209  $538,592   $2,565,031 
Income per share of common stock attributable to EQT Corporation:                     
Basic:                     
Weighted average common stock outstanding  370,048                370,048 
Net income attributable to EQT Corporation $4.79               $6.93 
Diluted:                     
Weighted average common stock outstanding  406,495                406,495 
Net income attributable to EQT Corporation $4.38               $6.33 

 

See accompanying notes to the unaudited pro forma condensed combined financial information.

 

 

 

 

EQT Corporation and Subsidiaries

Notes to the Unaudited Pro Forma Condensed Combined Financial Information

 

1.            Basis of Presentation

 

The pro forma financial statements have been prepared to reflect the effects of the Acquisition on the consolidated financial statements of EQT. The unaudited pro forma condensed combined balance sheet (the pro forma balance sheet) is presented as if the Acquisition had occurred on June 30, 2023. The unaudited pro forma condensed combined statements of operations (the pro forma statements of operations) for the six months ended June 30, 2023 and for the year ended December 31, 2022 are presented as if the Acquisition had occurred on January 1, 2022. The historical consolidated financial information has been adjusted to reflect factually supportable items that are directly attributable to the Acquisition.

 

The pro forma financial statements have been prepared using the acquisition method of accounting using the accounting guidance in Accounting Standards Codification (ASC) 805, with EQT treated as the acquirer. The pro forma adjustments have been made solely for the purpose of providing pro forma financial information and are subject to revision based on a final determination of fair value as of the Closing Date of the Acquisition. Differences between these estimates and the final purchase price allocation may have a material impact on the accompanying pro forma financial statements.

 

The Upstream Seller and the Midstream Seller historical amounts have been derived from the audited and unaudited financial statements of the Upstream Seller and the Midstream Seller, respectively, which were filed as exhibits to the Form 8-K/A or incorporated by reference therein. Certain historical amounts of the Upstream Seller and the Midstream Seller have been reclassified to conform to EQT's financial presentation. The pro forma adjustments include the removal of certain accounts of the Upstream Seller and the Midstream Seller to present the accounts of the Upstream Companies and the Midstream Companies, respectively, given that these accounts are not included in the Acquisition.

 

The pro forma financial statements are provided for informational purposes only and do not purport to represent what the actual consolidated results of operations or the consolidated financial position of EQT would have been had the Acquisition occurred on the dates assumed nor are they necessarily indicative of future consolidated results of operations or consolidated financial position.

 

2.            Pro Forma Adjustments and Assumptions

 

The pro forma adjustments are based on currently available information and certain estimates and assumptions that EQT believes are reasonable. The actual effects of the Acquisition will differ from the pro forma adjustments. A general description of the pro forma adjustments is provided below.

 

(a)Pro forma adjustments to reflect the estimated value of net consideration payable by EQT in the Acquisition as of June 30, 2023 and the adjustment of the historical book values of the assets and liabilities acquired as of June 30, 2023 to their estimated fair values. The table below represents the preliminary purchase price allocation to the assets acquired and liabilities assumed from the Upstream Companies and the Midstream Companies. This preliminary purchase price allocation has been used to prepare pro forma adjustments in the pro forma balance sheet and the pro forma statements of operations. Certain information necessary to complete the purchase price allocation is not yet available, including, but not limited to, final appraisals of assets acquired and liabilities assumed in addition to certain post-closing changes in the purchase price adjustments calculated in accordance with the Purchase Agreement, which may increase or decrease the consideration. The final purchase price allocation will be determined when EQT has completed the detailed valuations and necessary calculations and any post-closing purchase price adjustments are completed. The final purchase price allocation will differ from these estimates and could differ materially from the preliminary purchase price allocation used in the pro forma adjustments.

 

 

 

 

Pursuant to the Purchase Agreement, consideration for the Acquisition consists of a base amount of (i) $2.6 billion in cash and (ii) 55 million shares of EQT Corporation common stock, plus or minus certain purchase price adjustments as defined in the Purchase Agreement. The purchase price adjustments, with the exception of the purchase price adjustments specifically related to the value of the acquired derivative instruments, which will be applied 100% to the cash consideration, will be applied evenly to the cash and stock consideration, with the adjustments to the stock consideration being determined by dividing 50% of the purchase price adjustments by $48.01. This calculation resulted in the issuance of approximately 49.6 million shares of EQT Corporation common stock valued at $2,153 million (based on the closing stock price as of August 22, 2023 of $43.40) and cash paid of $2,403 million after giving effect to approximately $456 million of certain net purchase price adjustments. The effective date of the Acquisition is July 1, 2022.

 

   Preliminary Purchase
Price Allocation
 
   (Thousands) 
Consideration:     
Equity  $2,152,631 
Cash   2,403,301 
Settlement of pre-existing relationships   (19,101)
Total consideration  $4,536,831 
      
Fair value of assets acquired:     
Accounts receivable, net  $67,753 
Derivative instruments, at fair value   151,590 
Prepaid expenses and other   2,016 
Property, plant and equipment   4,541,944 
Other assets   5,048 
Amount attributable to assets acquired  $4,768,351 
      
Fair value of liabilities assumed:     
Accounts payable  $133,074 
Derivative instruments, at fair value   3,036 
Other current liabilities   2,168 
Other liabilities and credits   93,242 
Amount attributable to liabilities assumed  $231,520 

 

The estimated fair value of property, plant and equipment to be acquired based on information available as of the preparation of the pro forma financial statements included the following:

 

   Preliminary Purchase
Price Allocation
 
   (Thousands) 
Natural gas and oil proved properties  $2,931,612 
Natural gas and oil unproved properties   784,609 
Other property, plant and equipment   825,723 
Pro forma fair value of property, plant & equipment  $4,541,944 

 

 

 

 

The pro forma fair value of natural gas properties acquired from the Upstream Companies was measured using valuation techniques that convert future cash flows into a single discounted amount. Significant inputs to the valuation of natural gas and oil properties include estimates of: (i) recoverable reserves; (ii) production rates; (iii) future operating and development costs; (iv) future commodity prices; and (v) a market-based weighted average cost of capital. NYMEX strip pricing as of August 22, 2023, adjusted for forward basis differentials, was used in determining the pro forma fair value of reserves at a discount rate of 9.4%, after adjustment for expenses.

 

The pro forma fair value of the midstream gathering systems, including the related compression assets, and the processing facilities acquired from the Midstream Companies (collectively the Midstream Assets) was measured primarily using the cost approach. Significant inputs to the valuation of the Midstream Assets include replacement costs for similar assets, relative age of the Midstream Assets and any potential economic or functional obsolescence associated with the Midstream Assets.

 

(b)Pro forma reclassifications were made to conform to EQT's presentation, including:

 

i.the reclassification of $5.8 million of other assets to derivative instruments, at fair value;

 

ii.the reclassification of $23.2 million of other current liabilities and accounts payable ($0.2 million) to other liabilities and credits;

 

iii.the reclassification of lease abandonment expense of $4.9 million and $16.5 million for the six months ended June 30, 2023 and year ended December 31, 2022, respectively, from exploration expense to impairment and expiration of leases;

 

iv.the reclassification of $4.1 million and $4.0 million from the Upstream Seller and the Midstream Seller, respectively, for the six months ended June 30, 2023 and $3.3 million and $3.1 million from the Upstream Seller and the Midstream Seller, respectively, for the year ended December 31, 2022 from selling, general and administrative expense to other operating expenses;

 

v.the reclassification of midstream and processing revenues to net marketing and other revenues; and

 

vi.the reclassification of midstream operating and processing operating expenses to production expense.

 

(c)Pro forma adjustments to eliminate certain accounts attributable to the Upstream Seller and the Midstream Seller, that EQT is not acquiring or assuming including:

 

i.elimination of $30.3 million and $3.5 million of cash and cash equivalents from the Upstream Seller and the Midstream Seller, respectively;

 

ii.elimination of $0.2 million of accounts receivable, net from the Upstream Seller;

 

iii.elimination of $49.0 million of current derivative instruments, at fair value, $13.7 million of non-current derivative instruments, at fair value (included in other assets), $246.9 million of current derivative instruments, at fair value, and $46.9 million of non-current derivative instruments, at fair value (included in other liabilities and credits) from the Upstream Seller;

 

iv.elimination of $13.9 million of restricted cash (included in other assets) from the Upstream Seller;

 

v.elimination of $5.5 million and $0.8 million of accounts payable from the Upstream Seller and the Midstream Seller, respectively;

 

vi.elimination of $150.0 million of other current liabilities from the Upstream Seller;

 

vii.elimination of $522.5 million and $167.5 million of credit facility borrowings from the Upstream Seller and the Midstream Seller, respectively;

 

viii.elimination of $1.5 million of gain on derivatives from the Upstream Seller for the six months ended June 30, 2023 and $994.2 million of loss on derivatives from the Upstream Seller for the year ended December 31, 2022;

 

ix.elimination of $0.6 million and $1.0 million of selling, general and administrative from the Midstream Seller for the six months ended June 30, 2023 and year ended December 31, 2022, respectively; and

 

 

 

 

x.elimination of interest expense of $21.5 million and $7.1 million from the Upstream Seller and the Midstream Seller, respectively, for the six months ended June 30, 2023 and $32.0 million and $2.0 million from the Upstream Seller and the Midstream Seller, respectively, for the year ended December 31, 2022.

 

(d)Pro forma adjustments to conform to EQT's accounting policy regarding the elimination of certain water-related lease operating expenses from production expense.

 

(e)Pro forma adjustments to increase or decrease depreciation and depletion expense due to the following:

 

i.the increase in the estimated fair value of property, plant and equipment and recalculation of the depletion rate;

 

ii.the depreciation of gathering, compression, measurement, processing and water pipeline assets over useful lives in accordance with those used by EQT; and

 

iii.the increase in accretion expense related to the higher asset retirement obligation liability, which was adjusted to reflect EQT's internal plugging cost estimates, discount rate and useful life estimates.

 

(f)Pro forma adjustments to eliminate historical transactions between EQT and the Upstream Companies that would be treated as intercompany transactions on a consolidated basis, including:

 

i.elimination of $19.1 million of accounts payable by EQT to the Upstream Companies for natural gas liquids sales as of June 30, 2023;

 

ii.elimination of $19.1 million of accounts receivable, net from EQT to the Upstream Companies for natural gas liquids sales as of June 30, 2023; and

 

iii.giving effect to the $150.0 million of other assets related to EQT's deposit for the Acquisition, which was previously paid and placed in escrow pursuant to the Purchase Agreement but is included as part of cash consideration within the preliminary purchase price allocation described in (a) above.

 

(g)Pro forma adjustments to eliminate historical transactions between the Upstream Companies and the Midstream Companies that would be treated as intercompany transactions on a consolidated basis by EQT, including:

 

i.elimination of $61.1 million and $114.0 million of transportation and processing expenses of the Upstream Companies for the six months ended June 30, 2023 and year ended December 31, 2022, respectively, related to volumes gathered by the Midstream Companies, including $16.7 million of accounts payable as of June 30, 2023; and

 

ii.elimination of $61.1 million and $114.0 million of net marketing services and other revenues of the Midstream Companies for the six months ended June 30, 2023 and year ended December 31, 2022, respectively, related to volumes gathered on behalf of the Upstream Companies, including $16.7 million of accounts receivable, net as of June 30, 2023.

 

(h)Pro forma adjustment for transaction costs related to the Acquisition of $12.0 million accrued as of June 30, 2023 and $12.0 million recognized during the year ended December 31, 2022. Such costs include underwriting, banking, accounting and legal fees (including legal fees related to compliance of regulatory requirements of the U.S. Federal Trade Commission).

 

(i)Pro forma adjustment to:

 

i. eliminate $1,183.0 million and $465.7 million of historical equity of the Upstream Seller and the Midstream Seller, respectively;

 

ii.give effect to the $12.0 million of accrued transaction costs described in (h) above to retained earnings; and

 

iii.give effect to the $0.6 million decrease and $1.6 million increase of deferred income tax adjustments of the Upstream Seller and the Midstream Seller, respectively, described in (k) below to retained earnings.

 

 

 

 

(j)Pro forma adjustment to eliminate historical interest expense for the year ended December 31, 2022 on the Midstream Companies that was paid to the Midstream Seller for intercompany debt that is not being assumed by EQT in the Acquisition.

 

(k)Pro forma income tax adjustments included in the pro forma statements of operations and pro forma balance sheet reflect the income tax effects of the historical information of the Upstream Companies and the Midstream Companies as well as the income tax effects of the pro forma adjustments presented herein. The pro forma income tax adjustments related to the historical information of the Upstream Companies and the Midstream Companies are made to conform such historical information, which have been derived from a non-taxable flow through structure, to EQT's taxable corporate structure. The statutory federal and apportioned statutory state tax rate, net of the federal benefit of state taxes, applied to pre-tax income was used to tax effect the pro forma adjustments. The pro forma statements of operations also reflect the following nonrecurring adjustments to arrive at a deferred income taxes balance of $1,876.6 million in the pro forma balance sheet:

 

i.income tax expense of $15.3 million due to remeasurement of deferred income taxes to reflect the combined state apportionment rates; and

 

ii.income tax benefit of $13.5 million due to a reduction of EQT's deferred tax valuation allowance. Since the Upstream Companies and the Midstream Companies will be included in EQT's consolidated tax return following the Acquisition, the resulting reversal of temporary differences included in deferred income taxes related to the Acquisition allows EQT to realize a portion of its state deferred tax assets that previously had a valuation allowance.

 

(l)Pro forma adjustments to reflect the financing transactions, that were used to fund a portion of the cash consideration of the Acquisition:

 

i.increase of $1,250.0 million in cash and cash equivalents, increase of $1,242.9 million in Term Loan Facility borrowings and decrease of $7.1 million of debt issuance costs recorded in other assets as of June 30, 2023;

 

ii.increase in interest expense of $44.9 million and $89.8 million for the six months ended June 30, 2023 and year ended December 31, 2022, respectively, reflecting the interest that would have been incurred had the draw down of the Term Loan Facility been completed on January 1, 2022; and

 

iii.increase in interest expense of $22.5 million for the year ended December 31, 2022, reflecting the additional interest that would have been incurred had the issuance of the $500 million aggregate principal of 5.700% Senior Notes due April 1, 2028 been completed on January 1, 2022.

 

The pro forma financial statements do not reflect any compensation-related adjustments as certain personnel matters are evolving and any recurring impact from compensation adjustments would not be factually supportable.

 

3.            Supplemental Pro Forma Natural Gas, NGLs and Crude Oil Reserves Information

 

The following tables present the estimated pro forma combined net proved developed and undeveloped, natural gas, natural gas liquids (NGLs) and crude oil reserves as of December 31, 2022, along with a summary of changes in quantities of net remaining proved reserves during the year ended December 31, 2022. The pro forma reserve information set forth below gives effect to the Acquisition as if it had occurred on January 1, 2022.

 

The following estimated pro forma reserve information is not necessarily indicative of the results that might have occurred had the Acquisition taken place on January 1, 2022 and is not intended to be a projection of future results. Future results may vary significantly from the results reflected because of various factors, including those discussed in the “Risk Factors” section in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022.

 

For all tables presented, NGLs and crude oil were converted at a rate of one million barrels (MMbbl) to approximately six billion cubic feet (Bcf), except in the case of the Upstream Seller Historical NGLs, which were converted at a rate of one MMbbl to 3.9 Bcf.

 

 

 

 

   EQT Historical   Upstream Seller
Historical
   Pro Forma
Combined
 
        (Bcfe)      
Natural gas, NGLs and oil               
Proved developed and undeveloped reserves:               
Balance at January 1, 2022   24,961    3,362    28,323 
Revision of previous estimates   (655)   (362)   (1,017)
Purchase of hydrocarbons in place   141        141 
Extensions, discoveries and other additions   2,495    232    2,727 
Production   (1,940)   (246)   (2,186)
Balance at December 31, 2022   25,002    2,986    27,988 
Proved developed reserves:               
Balance at January 1, 2022   17,218    1,439    18,657 
Balance at December 31, 2022   17,513    1,548    19,061 
Proved undeveloped reserves:               
Balance at January 1, 2022   7,743    1,923    9,666 
Balance at December 31, 2022   7,489    1,438    8,927 

 

   EQT Historical   Upstream Seller
Historical
   Pro Forma
Combined
 
        (Bcf)      
Natural gas               
Proved developed and undeveloped reserves:               
Balance at January 1, 2022   23,524    2,834    26,358 
Revision of previous estimates   (432)   (331)   (763)
Purchase of natural gas in place   141        141 
Extensions, discoveries and other additions   2,434    232    2,666 
Production   (1,842)   (205)   (2,047)
Balance at December 31, 2022   23,825    2,530    26,355 
Proved developed reserves:               
Balance at January 1, 2022   16,152    1,166    17,318 
Balance at December 31, 2022   16,541    1,304    17,845 
Proved undeveloped reserves:               
Balance at January 1, 2022   7,372    1,668    9,040 
Balance at December 31, 2022   7,284    1,226    8,510 

 

 

 

 

   EQT Historical   Upstream Seller
Historical
   Pro Forma
Combined
 
        (MMbbl)      
NGLs               
Proved developed and undeveloped reserves:               
Balance at January 1, 2022   226    114    340 
Revision of previous estimates   (34)   (3)   (37)
Purchase of NGLs in place            
Extensions, discoveries and other additions   10        10 
Production   (15)   (8)   (23)
Balance at December 31, 2022   187    103    290 
Proved developed reserves:               
Balance at January 1, 2022   170    57    227 
Balance at December 31, 2022   155    55    210 
Proved undeveloped reserves:               
Balance at January 1, 2022   56    57    113 
Balance at December 31, 2022   32    48    80 

 

   EQT Historical   Upstream Seller
Historical
   Pro Forma
Combined
 
        (MMbbl)      
Oil               
Proved developed and undeveloped reserves:               
Balance at January 1, 2022   14    14    28 
Revision of previous estimates   (3)   (3)   (6)
Purchase of oil in place            
Extensions, discoveries and other additions            
Production   (1)   (2)   (3)
Balance at December 31, 2022   10    9    19 
Proved developed reserves:               
Balance at January 1, 2022   8    8    16 
Balance at December 31, 2022   7    5    12 
Proved undeveloped reserves:               
Balance at January 1, 2022   6    6    12 
Balance at December 31, 2022   3    4    7 

 

The following table summarizes the pro forma standard measure of discounted future net cash flows from natural gas and crude oil reserves as of December 31, 2022:

 

  EQT Historical  Upstream Seller
Historical
  Pro Forma
Adjustments
  Pro Forma
Combined
 
             
  (Thousands) 
Future cash inflows $140,032,653  $17,952,071  $  $157,984,724 
Future production costs  (22,801,652)  (2,146,557)     (24,948,209)
Future development costs  (3,244,211)  (921,565)     (4,165,776)
Future income tax expenses  (26,375,241)     (2,901,143)  (29,276,384)
Future net cash flow  87,611,549   14,883,949   (2,901,143)  99,594,355 
10% annual discount for estimated timing of cash flows  (47,547,025)  (7,524,245)  1,450,690   (53,620,580)
Standardized measure of discounted future net cash flows $40,064,524  $7,359,704  $(1,450,453) $45,973,775 

 

 

 

 

The following table summarizes the changes in the pro forma standard measure of discounted future net cash flows from natural gas and crude oil reserves for the year ended December 31, 2022:

 

  EQT Historical  Upstream Seller Historical  Pro Forma Adjustments  Pro Forma Combined 
             
  (Thousands) 
Net sales and transfers of natural gas and oil produced $(9,696,207) $(1,346,919) $  $(11,043,126)
Net changes in prices, production and development costs  35,353,172   3,656,996      39,010,168 
Extensions, discoveries and improved recovery, net of related costs  1,798,851         1,798,851 
Development costs incurred  902,925   589,033      1,491,958 
Net purchase of minerals in place  280,233         280,233 
Revisions of previous quantity estimates  (299,423)  (260,831)     (560,254)
Accretion of discount  1,728,112   443,373      2,171,485 
Net change in income taxes  (7,233,051)     (1,450,453)  (8,683,504)
Timing and other  (51,212)  (155,681)     (206,893)
Net (decrease) increase  22,783,400   2,925,971   (1,450,453)  24,258,918 
Balance at January 1, 2022  17,281,124   4,433,733      21,714,857 
Balance at December 31, 2022 $40,064,524  $7,359,704  $(1,450,453) $45,973,775 

 

 

 

EX-101.SCH 8 eqt-20230822.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 9 eqt-20230822_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 10 eqt-20230822_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 11 R1.htm IDEA: XBRL DOCUMENT v3.23.3
Cover
Aug. 22, 2023
Cover [Abstract]  
Document Type 8-K/A
Amendment Flag false
Document Period End Date Aug. 22, 2023
Entity File Number 001-3551
Entity Registrant Name EQT CORPORATION
Entity Central Index Key 0000033213
Entity Tax Identification Number 25-0464690
Entity Incorporation, State or Country Code PA
Entity Address, Address Line One 625 Liberty Avenue
Entity Address, Address Line Two Suite 1700
Entity Address, City or Town Pittsburgh
Entity Address, State or Province PA
Entity Address, Postal Zip Code 15222
City Area Code 412
Local Phone Number 553-5700
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, no par value
Trading Symbol EQT
Security Exchange Name NYSE
Entity Emerging Growth Company false
XML 12 tm2328448d1_8ka_htm.xml IDEA: XBRL DOCUMENT 0000033213 2023-08-22 2023-08-22 iso4217:USD shares iso4217:USD shares 0000033213 false 8-K/A 2023-08-22 EQT CORPORATION PA 001-3551 25-0464690 625 Liberty Avenue Suite 1700 Pittsburgh PA 15222 412 553-5700 false false false false Common Stock, no par value EQT NYSE false EXCEL 13 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

JQ"(6,P$ "(" M / " 5$0 !X;"]W;W)K8F]O:RYX;6Q02P$"% ,4 M" #K@5Y7)!Z;HJT #X 0 &@ @ &Q$0 >&PO7W)E;',O M=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4 " #K@5Y799!YDAD! #/ P M$P @ &6$@ 6T-O;G1E;G1?5'EP97-=+GAM;%!+!08 .."0 ) #X" #@$P ! end XML 14 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.3 html 1 23 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://eqt.com/role/Cover Cover Cover 1 false false All Reports Book All Reports eqt-20230822.xsd eqt-20230822_lab.xml eqt-20230822_pre.xml tm2328448d1_8ka.htm http://xbrl.sec.gov/dei/2023 true false JSON 18 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "tm2328448d1_8ka.htm": { "nsprefix": "eqt", "nsuri": "http://eqt.com/20230822", "dts": { "schema": { "local": [ "eqt-20230822.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd", "https://xbrl.sec.gov/country/2023/country-2023.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd" ] }, "labelLink": { "local": [ "eqt-20230822_lab.xml" ] }, "presentationLink": { "local": [ "eqt-20230822_pre.xml" ] }, "inline": { "local": [ "tm2328448d1_8ka.htm" ] } }, "keyStandard": 23, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 2, "http://xbrl.sec.gov/dei/2023": 2 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 59, "unitCount": 3, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2023": 23 }, "report": { "R1": { "role": "http://eqt.com/role/Cover", "longName": "00000001 - Document - Cover", "shortName": "Cover", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "AsOf2023-08-22", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "b", "p", "body", "html" ], "reportCount": 1, "baseRef": "tm2328448d1_8ka.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "AsOf2023-08-22", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "b", "p", "body", "html" ], "reportCount": 1, "baseRef": "tm2328448d1_8ka.htm", "first": true, "unique": true } } }, "tag": { "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityFileNumber", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_DocumentFiscalPeriodFocus": { "xbrltype": "fiscalPeriodItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentFiscalPeriodFocus", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Period Focus", "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY." } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCityOrTown", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine1", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine2": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine2", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Two", "documentation": "Address Line 2 such as Street or Suite number" } } }, "auth_ref": [] }, "dei_EntitySmallBusiness": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntitySmallBusiness", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Small Business", "documentation": "Indicates that the company is a Smaller Reporting Company (SRC)." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SolicitingMaterial", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r10" ] }, "dei_CountryRegion": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CountryRegion", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Country Region", "documentation": "Region code of country" } } }, "auth_ref": [] }, "dei_NoTradingSymbolFlag": { "xbrltype": "trueItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "NoTradingSymbolFlag", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "No Trading Symbol Flag", "documentation": "Boolean flag that is true only for a security having no trading symbol." } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCentralIndexKey", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r2" ] }, "dei_CurrentFiscalYearEndDate": { "xbrltype": "gMonthDayItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CurrentFiscalYearEndDate", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Current Fiscal Year End Date", "documentation": "End date of current fiscal year in the format --MM-DD." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CityAreaCode", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r2" ] }, "dei_DocumentPeriodStartDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentPeriodStartDate", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Period Start Date", "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format." } } }, "auth_ref": [] }, "dei_DocumentFiscalYearFocus": { "xbrltype": "gYearItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentFiscalYearFocus", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Year Focus", "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006." } } }, "auth_ref": [] }, "dei_EntityFilerCategory": { "xbrltype": "filerCategoryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityFilerCategory", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Filer Category", "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure." } } }, "auth_ref": [ "r2" ] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "WrittenCommunications", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r18" ] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentType", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntityAddressCountry": { "xbrltype": "countryCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCountry", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, Country", "documentation": "ISO 3166-1 alpha-2 country code." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r7" ] }, "dei_DocumentShellCompanyEventDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentShellCompanyEventDate", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Shell Company Event Date", "documentation": "Date of event requiring a shell company report." } } }, "auth_ref": [ "r13" ] }, "dei_Security12gTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Security12gTitle", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Title of 12(g) Security", "documentation": "Title of a 12(g) registered security." } } }, "auth_ref": [ "r5" ] }, "dei_EntityAddressAddressLine3": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine3", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Three", "documentation": "Address Line 3 such as an Office Park" } } }, "auth_ref": [] }, "dei_AuditedAnnualFinancialStatements": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AuditedAnnualFinancialStatements", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Audited Annual Financial Statements", "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements." } } }, "auth_ref": [ "r14" ] }, "dei_EntityInteractiveDataCurrent": { "xbrltype": "yesNoItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityInteractiveDataCurrent", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Interactive Data Current", "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files)." } } }, "auth_ref": [ "r16" ] }, "dei_EntityExTransitionPeriod": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityExTransitionPeriod", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Elected Not To Use the Extended Transition Period", "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards." } } }, "auth_ref": [ "r19" ] }, "dei_DocumentAccountingStandard": { "xbrltype": "accountingStandardItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentAccountingStandard", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Accounting Standard", "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'." } } }, "auth_ref": [ "r13" ] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "TradingSymbol", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_DocumentQuarterlyReport": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentQuarterlyReport", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Quarterly Report", "documentation": "Boolean flag that is true only for a form used as an quarterly report." } } }, "auth_ref": [ "r12" ] }, "dei_EntityCommonStockSharesOutstanding": { "xbrltype": "sharesItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCommonStockSharesOutstanding", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Common Stock, Shares Outstanding", "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument." } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentAnnualReport": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentAnnualReport", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Annual Report", "documentation": "Boolean flag that is true only for a form used as an annual report." } } }, "auth_ref": [ "r11", "r13", "r14" ] }, "dei_Extension": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Extension", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Extension", "documentation": "Extension number for local phone number." } } }, "auth_ref": [] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementTenderOffer", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r8" ] }, "dei_EntityShellCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityShellCompany", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Shell Company", "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act." } } }, "auth_ref": [ "r2" ] }, "dei_EntityCurrentReportingStatus": { "xbrltype": "yesNoItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCurrentReportingStatus", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Current Reporting Status", "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure." } } }, "auth_ref": [] }, "dei_DocumentTransitionReport": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentTransitionReport", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Transition Report", "documentation": "Boolean flag that is true only for a form used as a transition report." } } }, "auth_ref": [ "r15" ] }, "dei_EntityPublicFloat": { "xbrltype": "monetaryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityPublicFloat", "crdr": "credit", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Public Float", "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter." } } }, "auth_ref": [] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "LocalPhoneNumber", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_OtherReportingStandardItemNumber": { "xbrltype": "otherReportingStandardItemNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "OtherReportingStandardItemNumber", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Other Reporting Standard Item Number", "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS." } } }, "auth_ref": [ "r13" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r2" ] }, "dei_EntityVoluntaryFilers": { "xbrltype": "yesNoItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityVoluntaryFilers", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Voluntary Filers", "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act." } } }, "auth_ref": [] }, "dei_DocumentRegistrationStatement": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentRegistrationStatement", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Registration Statement", "documentation": "Boolean flag that is true only for a form used as a registration statement." } } }, "auth_ref": [ "r0" ] }, "dei_EntityWellKnownSeasonedIssuer": { "xbrltype": "yesNoItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityWellKnownSeasonedIssuer", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Well-known Seasoned Issuer", "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A." } } }, "auth_ref": [ "r17" ] }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityBankruptcyProceedingsReportingCurrent", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Bankruptcy Proceedings, Reporting Current", "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element." } } }, "auth_ref": [ "r6" ] }, "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AmendmentFlag", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_AmendmentDescription": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AmendmentDescription", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Amendment Description", "documentation": "Description of changes contained within amended document." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentPeriodEndDate", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_AnnualInformationForm": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AnnualInformationForm", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Annual Information Form", "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form." } } }, "auth_ref": [ "r14" ] }, "dei_DocumentShellCompanyReport": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentShellCompanyReport", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Document Shell Company Report", "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act." } } }, "auth_ref": [ "r13" ] }, "dei_EntityPrimarySicNumber": { "xbrltype": "sicNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityPrimarySicNumber", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Primary SIC Number", "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity." } } }, "auth_ref": [ "r14" ] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityRegistrantName", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r2" ] }, "dei_SecurityReportingObligation": { "xbrltype": "securityReportingObligationItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SecurityReportingObligation", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Security Reporting Obligation", "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act." } } }, "auth_ref": [ "r9" ] }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "xbrltype": "textBlockItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentsIncorporatedByReferenceTextBlock", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Documents Incorporated by Reference [Text Block]", "documentation": "Documents incorporated by reference." } } }, "auth_ref": [ "r3" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SecurityExchangeName", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r4" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Security12bTitle", "presentation": [ "http://eqt.com/role/Cover" ], "lang": { "en-us": { "role": { "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r1" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-23" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "g" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12, 13, 15d" }, "r7": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r8": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r9": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "15", "Subsection": "d" }, "r10": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Section": "14a", "Number": "240", "Subsection": "12" }, "r11": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Form 10-K", "Number": "249", "Section": "310" }, "r12": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Form 10-Q", "Number": "240", "Section": "308", "Subsection": "a" }, "r13": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Form 20-F", "Number": "249", "Section": "220", "Subsection": "f" }, "r14": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Form 40-F", "Number": "249", "Section": "240", "Subsection": "f" }, "r15": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Section": "13", "Subsection": "a-1" }, "r16": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Regulation S-T", "Number": "232", "Section": "405" }, "r17": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "405" }, "r18": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" }, "r19": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "7A", "Section": "B", "Subsection": "2" } } } ZIP 19 0001104659-23-112579-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-23-112579-xbrl.zip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