Volumetric-Based Fee Revenues was Eqt’s largest revenue line in fiscal 2024, bringing in $452.48M of $766.46M (59%).
| Contract With Customer Basis Of Pricing | FY 2024 |
|---|---|
| Volumetric-Based Fee Revenues | $452.48M |
| Firm Reservation Fee Revenues | $313.99M |
| Total | $766.46M |
Eqt brought in $766.46M from its two revenue lines in fiscal 2024, the year ended December 31, 2024. Volumetric-Based Fee Revenues was the largest at $452.48M (59.0%), ahead of Firm Reservation Fee Revenues at $313.99M (41.0%).
Gathering was Eqt’s largest segment in fiscal 2024, bringing in $452.48M of $729.12M (62%).
| Statement Business Segments | FY 2009 | FY 2010 | FY 2011 | FY 2013 | FY 2014 | FY 2015 | FY 2022 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Production | $11.45B | — | ||||||
| Eqt Production | — | — | ||||||
| Total | — | — | ||||||
| Oil & Gas Revenue | — | — | ||||||
| Eqt Midstream | — | — | ||||||
| Eqt Gathering | — | — | ||||||
| Gathering | $96.95M | $452.48M | ||||||
| Eqt Transmission & Storage | — | — | ||||||
| Transmission | — | $183.09M | ||||||
| Upstream | — | $93.55M | ||||||
| Total | $11.55B | $729.12M |
Eqt brought in $729.12M from its three segments in fiscal 2024, the year ended December 31, 2024. Eqt regrouped these segments after fiscal 2022, so the total does not compare directly with that year's $11.55B. Gathering was the largest at $452.48M (62.1%), ahead of Transmission at $183.09M (25.1%) and Upstream at $93.55M (12.8%).
Eqt began breaking out Transmission in fiscal 2024 and Upstream in fiscal 2024. Eqt stopped reporting Production as a separate segment after fiscal 2022, when it brought in $11.45B.
Natural Gas Sales was Eqt’s largest segment in fiscal 2022, bringing in $11.45B of $12.11B (95%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|
| Natural Gas Sales | $3.56B | $2.46B | $6.18B | $11.45B | |||
| Sales Of Natural Gas, Natural Gas Liquids & Oil | — | — | — | — | |||
| Sales Of Natural Gas, Oil & Ngls | — | — | — | — | |||
| Ngls Sales | $197.99M | $169.87M | $531.51M | $586.72M | |||
| Oil Sales | $33.62M | $20.57M | $92.33M | $79.16M | |||
| Net Marketing Services & Other | — | — | — | — | |||
| Total | $3.79B | $2.65B | $6.80B | $12.11B |
Eqt brought in $12.11B from its three segments in fiscal 2022, the year ended December 31, 2022. That was up 78.0% from $6.80B in fiscal 2021. Natural Gas Sales was the largest at $11.45B (94.5%), ahead of Ngls Sales at $586.72M (4.8%) and Oil Sales at $79.16M (0.7%).
Compared with fiscal 2021, Natural Gas Sales grew 85.2% to $11.45B and Ngls Sales grew 10.4% to $586.72M. From fiscal 2019 to 2022, combined revenue from these segments grew from $3.79B to $12.11B, a compound annual growth rate of 47.3%. Natural Gas Sales' share of the total rose from 93.9% to 94.5%.
Eqt (EQT) reports its revenue by contract with customer basis of pricing, by statement business segments and by segment. In fiscal 2024, Volumetric-Based Fee Revenues was its largest revenue line, bringing in $452.48M (59.0% of the total), followed by Firm Reservation Fee Revenues at $313.99M (41.0%).
Volumetric-Based Fee Revenues was Eqt's largest revenue line in fiscal 2024, bringing in $452.48M, or 59.0% of the $766.46M total across its two revenue lines.
Gathering was Eqt's largest segment in fiscal 2024, bringing in $452.48M, or 62.1% of the $729.12M total across its three segments.
Natural Gas Sales grew faster than Ngls Sales in fiscal 2022, up 85.2% from $6.18B to $11.45B. Ngls Sales grew 10.4% to $586.72M.
Every figure comes from Eqt's annual financial filings, as reported. Each line keeps the name Eqt gives it, and years follow its fiscal calendar.
Eqt's revenue by contract with customer basis of pricing goes back to fiscal 2024, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.