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EQT Corporation EQT Gathering — Gain (loss) on derivatives

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$3.4B+94.2%
Gross profit$3.0B+119%
Operating income$2.0B+310%
Net income$1.5B+514%
EPS (diluted)$2.36+490%

Balance sheet

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Cash & equivalents$326.6M+15.9%
Total debt$6.0B-28.6%
Total equity$25.1B+21.2%
Total assets$41.7B+5.0%

Cash flow

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Operating cash flow$3.1B+75.5%
CapEx$598.5M+19.8%
Free cash flow$2.5B+97.9%

Valuation

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Market cap$31.98B+24.5%
Enterprise value$37.65B+13.4%
P/E9.7×-59.9×
P/S3.1×-1.5×

Profitability

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Gross margin84.9%+16.1pp
Operating margin46.6%+28.7pp
Net margin31.9%+25.3pp

Returns & leverage

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Return on equity14.3%+12.3pp
Debt / equity0.2×-0.2×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by EQT Corporation in its filing.

Tagged under the XBRL concept us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet.

The official record: EQT Corporation’s 10-Q, filed October 30, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's gathering — gain (loss) on derivatives?
EQT Corporation (EQT) reported gathering — gain (loss) on derivatives of -$5.67M in Q3 2024.
What does gathering — gain (loss) on derivatives mean?
The net financial gain or loss from hedging activities within the gathering segment.
How do you interpret gathering — gain (loss) on derivatives?
Gains indicate successful hedging or favorable market movements, while losses may indicate hedging costs or adverse market shifts.
How does gathering — gain (loss) on derivatives compare across companies?
Standard for energy companies using derivatives to manage exposure to commodity price fluctuations.