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EQT Corporation EQT Gathering Revenues — Revenues Excluding Gain Losson Derivatives

Discontinued — last reported Q2 '18

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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$31.72B+24.5%
Enterprise value$37.39B+13.4%
P/E9.7×-59.4×
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
FCF margin39.4%

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 eqt:RevenuesExcludingGainLossonDerivatives.

The official record: EQT Corporation’s 10-Q, filed July 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does gathering revenues — revenues excluding gain losson derivatives mean?
The core revenue generated from gathering services, excluding the impact of financial derivative gains or losses.
How do you interpret gathering revenues — revenues excluding gain losson derivatives?
An increase indicates higher throughput volumes or improved service pricing, signaling strong operational performance. A decrease suggests lower utilization of gathering infrastructure or pricing pressure.
How does gathering revenues — revenues excluding gain losson derivatives compare across companies?
Comparable to 'Adjusted Revenue' or 'Core Operating Revenue' reported by midstream energy companies to show operational performance.