EQT Corp. (EQT) Tops Q4 EPS by 31c
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EQT Reports Year-End 2016 Earnings
February 2, 2017 6:25 AM ESTRecord sales of produced natural gas
PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced 2016 net loss attributable to EQT of $453.0 million, or $2.71 loss per diluted share, compared to net income attributable to EQT of $85.2 million, or $0.56 per diluted share in the previous year. Net cash provided by operating activities was $1,064.3 million in 2016, compared to $1,216.9 million the previous year. Adjusted net loss during 2016 was $54.3 million, compared to adjusted net income of $115.2 million in 2015, after considering several items that affect direct year-over-year comparability. Adjusted loss per share for the year was $0.33, compared to adjusted earnings per share... More
