EQT Corp. (EQT) Tops Q1 EPS by 1c

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Go back to EQT Corp. (EQT) Tops Q1 EPS by 1c

EQT Reports First Quarter 2018 Results

April 26, 2018 6:30 AM EDT

Operating cash flow is on the rise; per unit operating costs decline 26%

PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced financial and operational performance results for the first quarter 2018.

Highlights:

Announced plan to separate midstream and upstream businesses Announced midstream streamlining transaction details Recorded $2.3 billion non-cash impairment charge for Huron and Permian Plays Increase in adjusted operating cash flow of 116% Decrease of 26% in Productions per unit cash operating costs Financial Results   Three Months Ended   March 31, ($ millions, except EPS)... More