Current EQT Stock Info

Reserves up 59% on Rice acquisition
EQT (ticker: EQT) released year end results and reserves today, showing fourth quarter earnings of $1.28 billion, or $5.83 per share. The vast majority of these earnings, $1.2 billion, are due to benefits from the new tax legislation, as deferred tax liabilities are assessed at lower rates. However, EQT’s adjusted net income is still $168 million, well above the company’s $44 million earned in Q4 2016.

The company now holds 21.4 Tcfe of reserves, representing a yearly increase of 7.9 Tcfe, or 59%. While m...

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