EQT Reports Third Quarter 2020 Results

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Go back to EQT Reports Third Quarter 2020 Results

EQT Corp. (EQT) Tops Q3 EPS by 9c, Revenues Beat

October 22, 2020 6:38 AM EDT

EQT Corp. (NYSE: EQT) reported Q3 EPS of ($0.15), $0.09 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $853.16 million versus the consensus estimate of $844.65 million.

Third Quarter Highlights:

Sales volumes of 366 Bcfe, in-line with guidance, despite 15 Bcf of volume curtailmentsReceived an average realized price of $2.33/Mcfe, a $0.25 premium to NYMEX pricingNet cash provided by operating activities of $184 MM; free cash flow(1) of $47 MMCapital... More