EQT Reports Second Quarter 2020 Results

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Go back to EQT Reports Second Quarter 2020 Results

EQT Corp. (EQT) Misses Q2 EPS by 2c

July 27, 2020 6:31 AM EDT

EQT Corp. (NYSE: EQT) reported Q2 EPS of ($0.18), $0.02 worse than the analyst estimate of ($0.16).

Second Quarter Highlights:

Delivered sales volumes of 346 Bcfe or 3.8 Bcfe per day, 21 Bcfe above midpoint of guidance for second quarter 2020Total operating revenues of $527 million; received an average realized price of $2.36 per Mcfe, a $0.56 premium to NYMEX pricingCapital expenditures of $303 million, $163 million lower than the second quarter 2019 and in line with second quarter 2020 expectationsAchieved well costs of $680 per foot... More