EQT Q3 2023 Earnings — EQT Corporation Revenue & Financial Results | Market Cap Arena

EQTEQT Corporation

$39B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.0B-72.7% YoY

Gross Profit

$498M49.4% margin

Operating Income

$16M1.6% margin

Net Income

$81M8.1% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$455M

Free Cash Flow

-$50M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$24.6B

Total Liabilities

$10.3B

Stockholders' Equity

$14.2B

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$3.7B	-72.7%
Gross Profit	$498M	$3.2B	-84.4%
Operating Income	$16M	$925M	-98.3%
Net Income	$81M	$684M	-88.1%

Revenue Segments

Natural Gas Sales

$860M86%

NGLs Sales

$108M11%

Oil Sales

$34M3%