EQT Q2 2024 Earnings — EQT Corporation Revenue & Financial Results | Market Cap Arena

EQTEQT Corporation

$39B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$891M+4.3% YoY

Gross Profit

-$206M-23.2% margin

Operating Income

$3M0.3% margin

Net Income

$10M1.1% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-31.8%

Cash Flow

Operating Cash Flow

$322M

Free Cash Flow

-$236M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$24.7B

Total Liabilities

$9.6B

Stockholders' Equity

$15.1B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$891M	$854M	+4.3%
Gross Profit	-$206M	$404M	-151.1%
Operating Income	$3M	-$35M	+108.5%
Net Income	$10M	-$67M	+114.3%

Revenue Segments

Natural Gas Sales

$731M82%

NGLs Sales

$140M16%

Oil Sales

$19M2%