XML 23 R5.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 88,980 $ 80,977
Accounts receivable (less provision for doubtful accounts: $9,135 and $663) 577,599 823,695
Derivative instruments, at fair value 251,657 978,634
Income tax receivable 92,791 91,414
Prepaid expenses and other 71,265 38,255
Total current assets 1,082,292 2,012,975
Property, plant and equipment 44,884,752 33,817,169
Less: Accumulated depreciation and depletion 12,338,210 10,866,999
Net property, plant and equipment 32,546,542 22,950,170
Investment in the MVP Joint Venture 3,358,346 0
Net intangible assets 268,308 22,595
Goodwill 2,178,236 0
Other assets 511,865 299,358
Total assets 39,945,589 25,285,098
Current liabilities:    
Current portion of debt 400,150 292,432
Accounts payable 1,042,393 1,272,522
Derivative instruments, at fair value 197,712 186,363
Accrued interest 189,965 80,520
Other current liabilities 283,730 205,003
Total current liabilities 2,113,950 2,036,840
Revolving credit facility borrowings 2,297,000 0
Term Loan Facility borrowings 497,970 1,244,265
Senior notes 10,598,428 4,176,180
Note payable to EQM Midstream Partners, LP 0 82,236
Deferred income taxes 2,746,292 1,904,821
Other liabilities and credits 1,203,631 1,059,939
Total liabilities 19,457,271 10,504,281
Equity:    
Common stock, no par value, shares authorized: 1,280,000 and 640,000, shares issued: 596,268 and 419,896 18,076,243 12,093,986
Retained earnings 2,261,086 2,681,898
Accumulated other comprehensive loss (2,570) (2,684)
Total common shareholders' equity 20,334,759 14,773,200
Noncontrolling interest in consolidated subsidiaries 153,559 7,617
Total equity 20,488,318 14,780,817
Total liabilities and equity $ 39,945,589 $ 25,285,098