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Statements of Consolidated Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating revenues $ 364,057 $ 362,644 $ 1,151,821 $ 1,203,130
Operating expenses:        
Purchased gas costs 34,394 34,121 158,127 189,609
Operation and maintenance 36,259 35,872 105,464 91,513
Production 23,201 24,908 72,796 60,784
Exploration 1,163 814 4,878 3,387
Selling, general and administrative 51,481 44,745 136,201 124,572
Depreciation, depletion and amortization 131,611 87,343 354,817 247,627
Total operating expenses 278,109 227,803 832,283 717,492
(Loss) gain on dispositions (187) 180,143 923 202,928
Operating income 85,761 314,984 320,461 688,566
Other income 2,988 3,098 12,918 27,948
Interest expense 40,460 32,503 122,341 98,642
Income before income taxes 48,289 285,579 211,038 617,872
Income taxes 11,585 106,665 70,853 228,949
Net income 36,704 178,914 140,185 388,923
Less: Net income attributable to noncontrolling interests 4,831   4,831  
Net income attributable to EQT Corporation $ 31,873 $ 178,914 $ 135,354 $ 388,923
Basic:        
Weighted average common shares outstanding (in shares) 149,604 149,441 149,555 149,373
Net income (in dollars per share) $ 0.21 $ 1.20 $ 0.91 $ 2.60
Diluted:        
Weighted average common shares outstanding (in shares) 150,388 150,301 150,270 150,144
Net income (in dollars per share) $ 0.21 $ 1.19 $ 0.90 $ 2.59
Dividends declared per common share (in dollars per share) $ 0.22 $ 0.22 $ 0.66 $ 0.66