EQT Corporation (NYSE:EQT) Q4 2022 Results Conference Call February 16, 2023 10:00 AM ET Company Participants Cameron Horwitz - MD of IR and Strategy Toby Rice - President, CEO and Director David Khani - Executive VP, CFO and Principal Financial Officer Conference Call Participants Umang Choudhary - Goldman Sachs Sam Margolin - Wolfe Research David Deckelbaum - Cowen Neal Dingmann - Truist Roger Read - Wells Fargo John Abbott - Bank of America Noel Parks - Tuohy Paul Diamond - Citi Operator Good morning, an ...

公司财务状况 - 公司在2022年实现了3466亿美元的经营活动净现金流[52] - 公司计划在2023年进行总计约17亿至19亿美元的资本支出，销售量预计为1,900至2,000 Bcfe[53] - 公司的总证明储量在2022年增加了41 Bcfe，主要由于扩展、发现和其他增加以及收购所致[58] - 公司在2022年的销售额为121.14亿美元，较2021年的68.04亿美元增长78.1%[141] - 公司在2022年的衍生品交易中亏损46.43亿美元，较2021年的37.75亿美元亏损增加22.9%[141] - 公司在2022年的净营销服务和其他收入为2,645.3万美元，较2021年的3,568.5万美元下降25.9%[141] 环境法规 - 公司业务受到严格的环境、健康和安全法律法规的监管[103] - 环境法规趋势更加严格，可能增加业务成本并影响盈利能力[104] - 公司需遵守环境和职业健康安全法规，可能对财务状况、收入或现金流产生重大不利影响[105] - CERCLA法案对释放“危险物质”到环境中的责任进行了规定[106] - RCRA法案对非危险性和危险性固体废物的处理和处置设立了详细要求[109] - 水污染法案对污染物的排放进行了严格控制[111] - 美国清洁空气法通过发放许可证和实施其他要求来监管各种空气污染物的排放[112] - 美国重新加入巴黎协定并推出减少甲烷排放的标准[116] - 美国通过法案设立了甲烷排放和废物减少激励计划[117] 大宗商品价格波动 - 公司主要业务是勘探、生产和销售碳氢化合物，特别是天然气，因此，公司的收入、盈利能力、未来增长率、流动性和财务状况取决于天然气价格[170] - 天然气、天然气液体和原油的价格历来波动较大，近年来尤其如此。2022年1月1日至2022年12月31日期间，NYMEX亨利亚伯天然气的日现货价格从每百万英热单位9.85美元波动到每百万英热单位3.46美元，而NYMEX西德克萨斯中质原油的日现货价格在同一期间内从每桶123.64美元波动到每桶71.05美元[171] - 天然气、天然气液体和原油的价格受到许多公司无法控制的因素影响，包括许多无法预测的因素，我们无法确定这些大宗商品价格未来可能的变动[169] 政府政策和立法 - 民主党总统签署法案恢复了之前被特朗普政府废除的规定，建立了关于新的和改建的石油和天然气生产以及天然气加工和输送设施的甲烷和VOC的NSPS标准[231] - 国会批准了一项总额为1万亿美元的立法基础设施计划，其中包括一系列针对气候的支出倡议，旨在提高气候适应能力，加强对极端天气事件的响应和准备，以及进行清洁能源和交通投资[232] - 宾夕法尼亚州等几个州已经进行了一些旨在追踪和/或减少温室气体排放的州级和区域性努力，通过排放配额交易计划，通常要求温室气体排放的主要来源（如发电厂）获取和交出排放配额以换取排放这些温室气体[233]

EQT Corporation (NYSE:EQT) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President and Chief Executive Officer David Khani - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Umang Choudhary - Goldman Sachs Neal Dingmann - Truist David Deckelbaum - Cowen & Company Scott Hanold - RBC Capital Markets John Abbott - Bank of America Noel Parks - Tuohy Brothers Kevin MacCu ...

1 10/26/2 022 1 Investor Presentation October 26, 2022 Third Quarter 2022 Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Cameron Horwitz – Managing Director, Investor Relations & Strategy – 412.395.2555 The Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be economically and legally prod ...

| --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Cameron Horwitz – Managing Director, Investor Relations & Strategy – 412.395.2555 The Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be econo ...

EQT Corporation (NYSE:EQT) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President & Chief Executive Officer David Khani - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Umang Choudhary - Goldman Sachs Neal Dingmann - Truist Scott Hanold - RBC Capital Markets John Abbott - Bank of America Vin Lovaglio - Mizuho Noel Parks - Tuohy Brothers Operator Good morning, ladies ...

1 4/27/20 22 1 Investor Presentation April 27, 2022 First Quarter 2022 Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Cameron Horwitz – Managing Director, Investor Relations & Strategy – 412.395.2555 The Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be economically and legally produci ...

EQT Corporation (NYSE:EQT) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President & Chief Executive Officer David Khani - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Holly Stewart - Scotia Howard Weil Neal Dingmann - Truist Securities Umang Choudhary - Goldman Sachs Josh Silverstein - Wolfe Research Scott Hanold - RBC Capital Markets John Abbott - Bank of Ameri ...

1 2/10/20 22 1 Investor Presentation February 9, 2022 2022 Guidance and Company Outlook Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Andrew Breese – Director, Investor Relations – 412.395.2555 The Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be economically and legally producible a ...

EQT Corporation (NYSE:EQT) Q4 2021 Earnings Conference Call February 10, 2022 10:00 AM ET Company Participants Andrew Breese - Director of Investor Relations Toby Rice - President & Chief Executive Officer David Khani - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Scott Hanold - RBC Capital Markets Holly Stewart - Scotia Howard Weil Neil Mehta - Goldman Sachs Neal Dingmann - Truist Securities John Abbott - Bank of America Jeoffrey Lambujon - Tudor, Pickering, Holt & Co. Nitin ...