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Eqt Corporation  (EQT)
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    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 



EARNINGS REPORT by CSIMarket

Losses Widen, Topline Tumbles

Eqt Corporation announced third quarter 2020 operating loss of $-760.195 millions

Eqt Corporation reported disastrous third quarter 2020, where Sales faded by -81.91 % to $172 millions and loss per share has widen to $-2.35, from the same quarter a year ago.

from preceding quarter from $-1.03 per share, by -67.34 % from $527 millions.
Sales fell at , while revenue growth was achieved at Production +5.07%, Midstream +14.22%.
For the third quarter 2020 Eqt Corporation realized net loss of $-600.640 million, bigger than $-361.028 million a year ago.

While following 4 indicators decreased catastrofaly: Natural gas & oil sales (Bcfe) -89.79 %, Average wellhead sales price (Mcfe $) -58.84 %. Worst was: Natural gas & oil sales (Bcfe).
Analysing further company's results, an astounding rise of 26.7% in Average daily sales volumes (MMcfe/d) to 3.40 explains the third quarter 2020 performance.

Eqt Corporation is expected to report next financial results on January 25, 2021.


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Eqt Corporation announced third quarter 2020 operating loss of $-760.195 millions

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Other EQT's Earnings Reports

Eqt reported second quarter 2020 earnings

Eqt reported first quarter 2020 earnings

Eqt reported fourth quarter 2019 earnings

       
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