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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues:      
Sales of natural gas, natural gas liquids and oil $ 5,044,768 $ 12,114,168 $ 6,804,020
Gain (loss) on derivatives 1,838,941 (4,642,932) (3,775,042)
Total operating revenues 6,908,923 7,497,689 3,064,663
Operating expenses:      
Transportation and processing 2,157,260 2,116,976 1,942,165
Production 254,700 300,985 225,279
Exploration 3,330 3,438 24,403
Selling, general and administrative 236,171 252,645 196,315
Depreciation and depletion 1,732,142 1,665,962 1,676,702
Loss (gain) on sale/exchange of long-lived assets 17,445 (8,446) (21,124)
Impairment of contract asset 0 214,195 0
Impairment and expiration of leases 109,421 176,606 311,835
Other operating expenses 84,043 57,331 70,063
Total operating expenses 4,594,512 4,779,692 4,425,638
Operating income (loss) 2,314,411 2,717,997 (1,360,975)
(Income) loss from investments (7,596) 4,931 (71,841)
Dividend and other income (1,231) (11,280) (19,105)
Loss on debt extinguishment 80 140,029 9,756
Interest expense, net 219,660 249,655 289,753
Income (loss) before income taxes 2,103,498 2,334,662 (1,569,538)
Income tax expense (benefit) 368,954 553,720 (428,037)
Net income (loss) 1,734,544 1,780,942 (1,141,501)
Less: Net (loss) income attributable to noncontrolling interests (688) 9,977 1,246
Net income (loss) attributable to EQT Corporation $ 1,735,232 $ 1,770,965 $ (1,142,747)
Income (loss) per share of common stock attributable to EQT Corporation:      
Weighted average common stock outstanding - Basic (in shares) 380,902 370,048 323,196
Net income (loss) attributable to EQT Corporation - Basic (in dollars per share) $ 4.56 $ 4.79 $ (3.54)
Weighted average common stock outstanding - Diluted (in shares) 413,224 406,495 323,196
Net income (loss) attributable to EQT Corporation - Diluted (in dollars per share) $ 4.22 $ 4.38 $ (3.54)
Sales of natural gas, natural gas liquids and oil      
Operating revenues:      
Sales of natural gas, natural gas liquids and oil $ 5,044,768 $ 12,114,168 $ 6,804,020
Net marketing services and other      
Operating revenues:      
Net marketing services and other $ 25,214 $ 26,453 $ 35,685