What does gathering — transportation and processing mean?

Costs incurred by the gathering segment related to the movement and treatment of natural gas, including fees paid to third-party pipeline operators or costs to operate internal processing facilities. This metric captures the variable costs associated with moving product from the field to market hubs.

EQT Corporation EQT Gathering — Transportation and processing

Other segment segments

Upstream

$724.48M—

Transmission

$0—

Similar metrics at other companies

BKVGathering and transportation

$67.8M+21.5%

MGY

MGYGathering, transportation and processing

$18.21M+21.8%

ARNatural Gas Gathering Transportation Marketing And Processing — Cost of Goods Sold

$789.11M+13.5%

DVNGathering Processing And Transportation Expenses

$191M-6.4%

MUROther Regions — Transportation Gatheringand Processing Costs

$0—

CNXTransportation, Gathering and Compression — Transportation, Gathering and Compression and Exploration and Production Related Other Costs

$102.4M+7.6%

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$32.96B-8.7%

Enterprise value$38.63B-12.0%

P/E10×-21.5×

P/S3.2×-1.8×

Profitability

See full

Gross margin84.9%+16.1pp

Operating margin46.6%+28.7pp

Net margin31.9%+25.3pp

FCF margin39.4%—

Returns & leverage

See full

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:CostOfGoodsAndServicesSold.

The official record: EQT Corporation’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's gathering — transportation and processing?: EQT Corporation (EQT) reported gathering — transportation and processing of $0 in Q1 2026.
What does gathering — transportation and processing mean?: Costs incurred by the gathering segment related to the movement and treatment of natural gas, including fees paid to third-party pipeline operators or costs to operate internal processing facilities. This metric captures the variable costs associated with moving product from the field to market hubs.