EQT Q1 2023 Earnings — EQT Corporation Revenue & Financial Results | Market Cap Arena

EQTEQT Corporation

$39B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.8B-26.5% YoY

Gross Profit

$1.4B76.3% margin

Operating Income

$1.6B87.7% margin

Net Income

$1.2B66.4% margin

EPS (Diluted)

$3.09

QoQ Revenue Growth

-28.6%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.2B

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$22.7B

Total Liabilities

$10.5B

Stockholders' Equity

$12.1B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$2.5B	-26.5%
Gross Profit	$1.4B	$2.0B	-30.2%
Operating Income	$1.6B	-$1.9B	+185.3%
Net Income	$1.2B	-$1.5B	+180.5%

Revenue Segments

Natural Gas Sales

$1.7B94%

NGLs Sales

$99M5%

Oil Sales

$19M1%