EQT Q2 2022 Earnings — EQT Corporation Revenue & Financial Results | Market Cap Arena

EQTEQT Corporation

$39B

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.4B+210.7% YoY

Gross Profit

$2.9B84.8% margin

Operating Income

$1.4B40.4% margin

Net Income

$891M26.4% margin

EPS (Diluted)

$2.19

QoQ Revenue Growth

+35.0%

Cash Flow

Operating Cash Flow

$230M

Free Cash Flow

-$162M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$22.6B

Total Liabilities

$13.5B

Stockholders' Equity

$9.1B

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$1.1B	+210.7%
Gross Profit	$2.9B	$658M	+335.1%
Operating Income	$1.4B	-$1.2B	+211.8%
Net Income	$891M	-$936M	+195.2%

Revenue Segments

Natural Gas Sales

$3.2B94%

NGLs Sales

$168M5%

Oil Sales

$22M1%