EQT (EQT) Scaled Net Operating Assets

: 0.84 (As of Dec. 2023)

View and export this data going back to 1950. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

EQT's operating assets for the quarter that ended in Dec. 2023 was $25,204 Mil. EQT's operating liabilities for the quarter that ended in Dec. 2023 was $4,663 Mil. EQT's Total Assets for the quarter that ended in Sep. 2023 was $24,555 Mil. Therefore, EQT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.84.

EQT Scaled Net Operating Assets Historical Data

The historical data trend for EQT's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EQT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.73

0.76

0.85

0.72

0.91

EQT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets																0.69	0.68	0.68	0.94	0.84

Competitive Comparison

For the Oil & Gas E&P subindustry, EQT's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EQT Scaled Net Operating Assets Distribution

For the Oil & Gas industry and Energy sector, EQT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where EQT's Scaled Net Operating Assets falls into.

EQT Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

EQT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(25204.121	-	4662.788)	/	22669.926
=	0.91

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	25285.098	-	80.977
=	25204.121

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10504.281	-	5502.681	-	338.812
=	4662.788

EQT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(25204.121	-	4662.788)	/	24554.988
=	0.84

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	25285.098	-	80.977
=	25204.121

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10504.281	-	5502.681	-	338.812
=	4662.788

EQT Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of EQT's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

EQT (EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

EQ6:Germany EQ6:Germany

Address

625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222

Website

https://www.eqt.com

EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

Executives

Qem Vi, Llc	10 percent owner	800 CAPITAL STREET, SUITE 3600, HOUSTON TX 77002
Q-xcl Holdings I (vi) Investment Partners, Llc	10 percent owner	800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Q-th Appalachia (vi) Investment Partners, Llc	10 percent owner	800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Vanloh S Wil Jr	10 percent owner	1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
U.s. Bank Trust Company, National Association	10 percent owner	111 SW FIFTH AVENUE, PORTLAND OR 97204
Jeremy Knop	officer: CHIEF FINANCIAL OFFICER	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Todd James	officer: Chief Accounting Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Lesley Evancho	officer: Chief Human Resources Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
William E. Jordan	officer: EVP and General Counsel	400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Kathryn Jean Jackson	director	121 SW SALMON STREET, PORTLAND OR 97204
Frank C. Hu	director	625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
David M. Khani	officer: Chief Financial Officer	625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Toby Z. Rice	director, officer: President & CEO	400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lydia I Beebe	director	13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Kyle Derham	officer: Interim Chf Financial Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222