EQT Reports Full-Year Earnings and Production

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January 26, 2012

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EQT Corporation announced 2011 earnings of $479.8 million, 111% higher than the $227.7 million earned in 2010. Full-year results include a $113.8 million after-tax gain on the sale of the Big Sandy Pipeline (Big Sandy) in the third quarter, a $14.4 million after-tax gain on the sale of the Langley Natural Gas Processing Complex (Langley) in the first quarter and other items listed in our non-GAAP reconciliation table. Adjusting for the asset sales, a $10.1 million gain on the ANPI transaction in the second quarter, adjustments to non-income tax reserves ...


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