EQT (EQT) Exploration Expense (USD Mil) : 0.73 (As of Dec. 2023)

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What is EQT Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

EQT's Exploration Expense (USD Mil) for the quarter that ended in Dec. 2023 was 0.73 , which higher from pervious quarter (Sep. 2023)'s result by 62.86%.

EQT's Exploration Expense (USD Mil) for the annual that ended in Dec. 2023 was 3.33 , which lower from pervious year (Dec. 2022)'s result by 3.14%.

The historical rank and industry rank for EQT's Exploration Expense (USD Mil) or its related term are showing as below:

EQT's Exploration Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

EQT Exploration Expense (USD Mil) Historical Data

The historical data trend for EQT's Exploration Expense (USD Mil) 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 Exploration Expense (USD Mil) Chart

EQT Annual Data

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EQTQuarterly Data

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Competitive Comparison of EQT's Exploration Expense (USD Mil)

For the Oil & Gas E&P subindustry, EQT's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) 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 (NYSE:EQT) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

EQT Exploration Expense (USD Mil) Related Terms

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EQT (EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Exploration Expense (USD Mil)

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