EQT (LTS:0IDU) Net Developed Acreage # : 0.00 (As of . 20)

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What is EQT Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for EQT's Net Developed Acreage # or its related term are showing as below:

LTS:0IDU's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

EQT Net Developed Acreage # Historical Data

The historical data trend for EQT's Net Developed Acreage # 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 Net Developed Acreage # Chart

EQT (LTS:0IDU) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

EQT Net Developed Acreage # Related Terms

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EQT (LTS:0IDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (LTS:0IDU) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

EQT:USA 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.

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