EQT Corp
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 24, 2024
EQT$52.00+4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| (Thousands) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $648,048 | $80,977 |
| Accounts receivable (less provision for doubtful accounts: $89 and $663) | 445,156 | 823,695 |
| Derivative instruments, at fair value | 817,996 | 978,634 |
| Income tax receivable | 90,665 | 91,414 |
| Prepaid expenses and other | 93,914 | 38,255 |
| Total current assets | 2,095,779 | 2,012,975 |
| Property, plant and equipment | 34,360,921 | 33,817,169 |
| Less: Accumulated depreciation and depletion | 11,338,339 | 10,866,999 |
| Net property, plant and equipment | 23,022,582 | 22,950,170 |
| Other assets | 319,959 | 321,953 |
| Total assets | $25,438,320 | $25,285,098 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of debt | $606,967 | $292,432 |
| Accounts payable | 1,124,918 | 1,272,522 |
| Derivative instruments, at fair value | 336,104 | 186,363 |
| Other current liabilities | 305,644 | 285,523 |
| Total current liabilities | 2,373,633 | 2,036,840 |
| Term Loan Facility borrowings | 497,390 | 1,244,265 |
| Senior notes | 4,319,747 | 4,176,180 |
| Note payable to EQM Midstream Partners, LP | 80,637 | 82,236 |
| Deferred income taxes | 1,928,228 | 1,904,821 |
| Other liabilities and credits | 1,067,284 | 1,059,939 |
| Total liabilities | 10,266,919 | 10,504,281 |
| Equity: | ||
| Common stock, no par value, shares authorized: 640,000, shares issued: 441,558 and 419,896 | 12,450,876 | 12,093,986 |
| Retained earnings | 2,715,974 | 2,681,898 |
| Accumulated other comprehensive loss | (2,641) | (2,684) |
| Total common shareholders' equity | 15,164,209 | 14,773,200 |
| Noncontrolling interest in consolidated subsidiaries | 7,192 | 7,617 |
| Total equity | 15,171,401 | 14,780,817 |
| Total liabilities and equity | $25,438,320 | $25,285,098 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.