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Interim Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Interim Financial Information (Unaudited)
The following summary of quarterly operating results reflects variations from various factors, including the volatility of natural gas commodity prices, impairments, the Separation and Distribution and the 2018 Divestitures. Quarterly operating results for the year ended December 31, 2018 have been recast to reflect the presentation of discontinued operations described in Note 2.
 
Three Months Ended
 
March 31
 
June 30
 
September 30
 
December 31
2019
(Thousands, except per share amounts)
Total operating revenues
$
1,143,173

 
$
1,310,252

 
$
951,576

 
$
1,011,483

Operating income (loss)
175,456

 
296,030

 
(161,529
)
 
(1,462,067
)
Net income (loss) attributable to EQT Corporation (a)
190,691

 
125,566

 
(361,028
)
 
(1,176,924
)
 
 
 
 
 
 
 
 
Earnings per share of common stock attributable to EQT Corporation:
 
 
 
 
 
 
Basic and diluted net income (loss) (b)
$
0.75

 
$
0.49

 
$
(1.41
)
 
$
(4.61
)
 
 
 
 
 
 
 
 
2018
 

 
 

 
 

 
 

Total operating revenues
$
1,312,036

 
$
950,648

 
$
1,050,046

 
$
1,245,138

Operating loss
(1,950,332
)
 
(114,650
)
 
(147,451
)
 
(570,691
)
Amounts attributable to EQT Corporation:
 
 
 
 
 
 
 
Loss from continuing operations
$
(1,578,533
)
 
$
(76,978
)
 
$
(127,347
)
 
$
(598,062
)
(Loss) income from discontinued operations, net of tax
(7,461
)
 
94,784

 
87,654

 
(38,625
)
Net (loss) income attributable to EQT Corporation
$
(1,585,994
)
 
$
17,806

 
$
(39,693
)
 
$
(636,687
)
 
 
 
 
 
 
 
 
Earnings per share of common stock attributable to EQT Corporation:
 
 
 
 
 
 
Basic and diluted:
 
 
 
 
 
 
 
Loss from continuing operations
$
(5.96
)
 
$
(0.29
)
 
$
(0.49
)
 
$
(2.35
)
(Loss) income from discontinued operations
(0.03
)
 
0.36

 
0.34

 
(0.15
)
Net (loss) income
$
(5.99
)
 
$
0.07

 
$
(0.15
)
 
$
(2.50
)


(a)
Includes impairment of long-lived assets of $1,124.4 million recognized for the three months ended December 31, 2019. See Note 1.
(b)
Quarterly net income (loss) per share amounts are standalone calculations and may not be additive to full-year amounts due to rounding and changes in outstanding shares.