Mixed 4Q For EQT, Lowers Forecast
Posted on January 26, 2012 at 12:11 PM EST
EQT Corporation’s (NYSE:EQT) fourth quarter 2011 earnings rose 22.4% year over year to 60 cents, surpassing the Zacks Consensus Estimate of 55 cents. The outperformance was driven by higher production volume, which averaged 53 billion cubic feet equivalent/Bcfe in the quarter. Net operating revenue in the quarter stood at $369.9 million, exhibiting a 20% year-over-year [...]

EQT Corporation’s (NYSE:EQT) fourth quarter 2011 earnings rose 22.4% year over year to 60 cents, surpassing the Zacks Consensus Estimate of 55 cents. The outperformance was driven by higher production volume, which averaged 53 billion cubic feet equivalent/Bcfe in the quarter.
Net operating revenue in the quarter stood at $369.9 million, exhibiting a 20% year-over-year improvement, mainly attributable to higher production and gathering and transmission volumes. However, reported revenue fell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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