EQT Corp
For the period ended Mar 31, 2026. Filed Apr 22, 2026.
View on SEC.govAbout this filing
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, 2026 · Filed Apr 22, 2026
EQT$52.00+4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Condensed Consolidated Cash Flows
STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS (UNAUDITED)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| (Thousands) | ||
| Cash flows from operating activities: | ||
| Net income | $1,553,930 | $315,418 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Deferred income tax expense | 410,399 | 72,223 |
| Depreciation, depletion and amortization | 654,792 | 620,775 |
| (Gain) loss on sale/exchange of long-lived assets | (25) | 231 |
| Impairment and expiration of leases | 3,823 | 2,661 |
| Income from investments | (77,509) | (26,462) |
| Loss on debt extinguishment | 29,528 | 11,680 |
| Share-based compensation expense | 18,602 | 14,768 |
| Distributions from equity method investments | 47,034 | 66,562 |
| Other | 5,598 | 1,979 |
| Loss on derivatives | 238,269 | 678,919 |
| Net cash settlements paid on derivatives | (303,662) | (91,986) |
| Changes in other assets and liabilities: | ||
| Accounts receivable | 507,020 | (90,846) |
| Accounts payable | 39,674 | 153,220 |
| Other current assets | 22,914 | 51,143 |
| Other items, net | (95,340) | (39,118) |
| Net cash provided by operating activities | 3,055,047 | 1,741,167 |
| Cash flows from investing activities: | ||
| Capital expenditures | (598,505) | (499,649) |
| Cash paid for acquisitions | — | (10,000) |
| Net cash received (paid) for sale/exchange of assets | 104 | (6,449) |
| Cash paid for acquisitions of additional interests in equity method investments | (215,152) | — |
| Capital contributions to equity method investments | (27,883) | (17,946) |
| Other investing activities | (1,000) | — |
| Net cash used in investing activities | (842,436) | (534,044) |
| Cash flows from financing activities: | ||
| Proceeds from revolving credit facility borrowings | 950,000 | 1,424,000 |
| Repayment of revolving credit facility borrowings | (1,039,000) | (1,609,800) |
| Repayment and retirement of debt | (1,730,029) | (739,554) |
| Net premiums paid on debt extinguishment | (21,290) | (10,461) |
| Dividends paid | (103,070) | (94,097) |
| Contributions from noncontrolling interests | 98,357 | — |
| Distributions to noncontrolling interests | (104,241) | (44,729) |
| Cash paid for taxes to net settle share-based incentive awards | (45,747) | (50,242) |
| Other financing activities | (1,818) | (2,569) |
| Net cash used in financing activities | (1,996,838) | (1,127,452) |
| Net change in cash and cash equivalents | 215,773 | 79,671 |
| Cash and cash equivalents at beginning of period | 110,795 | 202,093 |
| Cash and cash equivalents at end of period | $326,568 | $281,764 |
See Note 1 for supplemental cash flow information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.