Compared to Estimates, EQT (EQT) Q4 Earnings: A Look at Key Metrics

Core Insights - EQT Corporation reported $1.82 billion in revenue for Q4 2024, a year-over-year increase of 17.6% and a surprise of +4.96% over the Zacks Consensus Estimate of$ 1.73 billion [1] - The EPS for the same period was $0.69, compared to$ 0.48 a year ago, representing a surprise of +38.00% over the consensus estimate of $0.50 [1] Financial Performance Metrics - Average oil price was$ 54.75, below the four-analyst average estimate of $56.26, while oil sales volume was 496 MBBL, exceeding the estimate of 416.04 MBBL [4] - Natural gas sales volume was 565,867 MMcf, slightly above the estimate of 558,024.1 MMcf, and total sales volume reached 605,183 MMcfe, surpassing the estimate of 592,127 MMcfe [4] - Average natural gas price was$ 2.97, higher than the $2.69 estimate, while ethane price averaged$ 6.20, below the $6.62 estimate [4] - Operating revenues from pipeline, net marketing services, and other sources were$ 167.08 million, significantly above the average estimate of $88.34 million, marking a year-over-year change of +2286.8% [4] - Revenues from oil sales were$ 27.15 million, exceeding the estimate of $23.48 million, but showing a year-over-year decline of -3.6% [4] - Total operating revenues from natural gas, natural gas liquids, and oil were$ 1.64 billion, slightly above the estimate of $1.59 billion, reflecting a +20.3% year-over-year change [4] - NGLs sales generated$ 180.35 million, surpassing the estimate of $143.66 million, with a year-over-year increase of +18% [4] - Natural gas sales revenues were$ 1.43 billion, exceeding the estimate of $1.35 billion, representing a +21.2% year-over-year change [4] Stock Performance - EQT shares have returned -10.3% over the past month, compared to the Zacks S&P 500 composite's -5.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]