EQT Gross Profit 2010-2024 | EQT
EQT annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- EQT gross profit for the quarter ending September 30, 2024 was $0.749B, a 31.83% increase year-over-year.
- EQT gross profit for the twelve months ending September 30, 2024 was $3.208B, a 46.52% decline year-over-year.
- EQT annual gross profit for 2023 was $4.494B, a 11.48% decline from 2022.
- EQT annual gross profit for 2022 was $5.076B, a 481.6% increase from 2021.
- EQT annual gross profit for 2021 was $0.873B, a 26.48% decline from 2020.
EQT Annual Gross Profit (Millions of US $) |
2023 |
$4,494 |
2022 |
$5,076 |
2021 |
$873 |
2020 |
$1,187 |
2019 |
$2,503 |
2018 |
$2,658 |
2017 |
$1,727 |
2016 |
$328 |
2015 |
$1,825 |
2014 |
$2,059 |
2013 |
$1,587 |
2012 |
$1,136 |
2011 |
$1,110 |
2010 |
$1,054 |
2009 |
$887 |
EQT Quarterly Gross Profit (Millions of US $) |
2024-09-30 |
$749 |
2024-06-30 |
$306 |
2024-03-31 |
$764 |
2023-12-31 |
$1,389 |
2023-09-30 |
$568 |
2023-06-30 |
$439 |
2023-03-31 |
$2,097 |
2022-12-31 |
$2,894 |
2022-09-30 |
$1,446 |
2022-06-30 |
$1,904 |
2022-03-31 |
$-1,167 |
2021-12-31 |
$3,228 |
2021-09-30 |
$-2,038 |
2021-06-30 |
$-773 |
2021-03-31 |
$456 |
2020-12-31 |
$777 |
2020-09-30 |
$-298 |
2020-06-30 |
$82 |
2020-03-31 |
$626 |
2019-12-31 |
$536 |
2019-09-30 |
$472 |
2019-06-30 |
$835 |
2019-03-31 |
$660 |
2018-12-31 |
$767 |
2018-09-30 |
$583 |
2018-06-30 |
$473 |
2018-03-31 |
$836 |
2017-12-31 |
$25 |
2017-09-30 |
$481 |
2017-06-30 |
$506 |
2017-03-31 |
$715 |
2016-12-31 |
$-515 |
2016-09-30 |
$425 |
2016-06-30 |
$-6 |
2016-03-31 |
$424 |
2015-12-31 |
$421 |
2015-09-30 |
$471 |
2015-06-30 |
$327 |
2015-03-31 |
$605 |
2014-12-31 |
$547 |
2014-09-30 |
$492 |
2014-06-30 |
$435 |
2014-03-31 |
$585 |
2013-12-31 |
$419 |
2013-09-30 |
$411 |
2013-06-30 |
$403 |
2013-03-31 |
$354 |
2012-12-31 |
$396 |
2012-09-30 |
$306 |
2012-06-30 |
$276 |
2012-03-31 |
$339 |
2011-12-31 |
$350 |
2011-09-30 |
$304 |
2011-06-30 |
$308 |
2011-03-31 |
$341 |
2010-12-31 |
$289 |
2010-09-30 |
$232 |
2010-06-30 |
$225 |
2010-03-31 |
$306 |
2009-12-31 |
$259 |
2009-09-30 |
$189 |
2009-06-30 |
$189 |
2009-03-31 |
$245 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$15.730B |
$6.909B |
EQT Corporation is primarily an explorer and producer of natural gas, with primary focus on the Appalachian Basin in Ohio, Pennsylvania and West Virginia. The basin has been a major contributor to natural gas production growth in the United States. Notably, in terms of average daily sales volumes, EQT Corp is the largest natural gas producer in the domestic market. The upstream energy payer's operations in the basin spreads across millions of acres, with proved oil and gas reserve. Importantly, the company's core resources in the Appalachian Basin comprises huge inventory of drilling locations. The company has decided to spud wells in the Marcellus shale play in Pennsylvania, West Virginia and Ohio that is likely to back the company's incremental production volumes in the years to come. EQT Corp has set its strategic priorities to lower operating costs while maximizing production volumes. It is to be noted that EQT Corp is the only company in the Appalachian Basin that is considered investment grade.
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