EQT Q2 2023 Earnings — EQT Corporation Revenue & Financial Results | Market Cap Arena

EQTEQT Corporation

$39B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$854M-74.7% YoY

Gross Profit

$404M47.2% margin

Operating Income

-$35M-4.1% margin

Net Income

-$67M-7.8% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-53.5%

Cash Flow

Operating Cash Flow

$437M

Free Cash Flow

-$50M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$21.3B

Total Liabilities

$9.2B

Stockholders' Equity

$12.0B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$854M	$3.4B	-74.7%
Gross Profit	$404M	$2.9B	-85.9%
Operating Income	-$35M	$1.4B	-102.6%
Net Income	-$67M	$891M	-107.5%

Revenue Segments

Natural Gas Sales

$766M90%

NGLs Sales

$68M8%

Oil Sales

$15M2%