EQT (EQT) 10-Q 23 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Document and Entity Information	'
Entity Registrant Name	'EQT Corp
Entity Central Index Key	'0000033213
Current Fiscal Year End Date	'--12-31
Entity Filer Category	'Large Accelerated Filer
Document Type	'10-Q
Document Period End Date	30-Sep-14
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q3
Amendment Flag	'false
Entity Common Stock, Shares Outstanding	151,506

Statements_of_Consolidated_Inc

Statements of Consolidated Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'
Operating revenues	$578,723	$479,606	$1,766,516	$1,368,582
Operating expenses:	'	'	'	'
Transportation and processing	49,121	35,664	146,019	108,261
Operation and maintenance	27,944	25,902	80,752	73,202
Production	33,840	28,076	97,662	80,712
Exploration	3,606	5,256	12,477	15,124
Selling, general and administrative	57,131	48,171	169,382	142,778
Depreciation, depletion and amortization	175,578	169,473	484,908	474,982
Total operating expenses	347,220	312,542	991,200	895,059
Gain on sale / exchange of assets	0	0	37,749	0
Operating income	231,503	167,064	813,065	473,523
Other income	1,004	2,310	6,134	6,632
Interest expense	35,717	35,554	99,558	110,690
Income before income taxes	196,790	133,820	719,641	369,465
Income taxes	64,496	33,501	239,920	106,347
Income from continuing operations	132,294	100,319	479,721	263,118
Income from discontinued operations, net of tax	0	2,291	1,772	42,891
Net income	132,294	102,610	481,493	306,009
Less: Net income attributable to noncontrolling interests	33,739	14,354	79,824	30,642
Net income	98,555	88,256	401,669	275,367
Amounts attributable to EQT Corporation:	'	'	'	'
Income from continuing operations	98,555	85,965	399,897	232,476
Income from discontinued operations	0	2,291	1,772	42,891
Net income	$98,555	$88,256	$401,669	$275,367
Basic:	'	'	'	'
Weighted average common stock outstanding (in shares)	151,557	150,679	151,533	150,509
Income from continuing operations (in dollars per share)	$0.65	$0.57	$2.64	$1.54
Income from discontinued operations (in dollars per share)	$0	$0.02	$0.01	$0.29
Net income (in dollars per share)	$0.65	$0.59	$2.65	$1.83
Diluted:	'	'	'	'
Weighted average common stock outstanding (in shares)	152,330	151,663	152,468	151,365
Income from continuing operations (in dollars per share)	$0.65	$0.57	$2.62	$1.54
Income from discontinued operations (in dollars per share)	$0	$0.01	$0.01	$0.28
Net income (in dollars per share)	$0.65	$0.58	$2.63	$1.82
Dividends declared per common share (in dollars per share)	$0.03	$0.03	$0.09	$0.09

Statements_of_Consolidated_Com

Statements of Consolidated Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$132,294	$102,610	$481,493	$306,009
Net change in cash flow hedges:	'	'	'	'
Natural gas, net of tax expense (benefit) of $11,844, $(5,448), $(16,036) and $(15,595)	17,820	-8,287	-23,418	-23,782
Interest rate, net of tax expense of $25, $25, $75 and $75	36	36	108	108
Pension and other post-retirement benefits liability adjustment, net of tax expense of $113, $307, $340 and $920	175	433	527	1,302
Other comprehensive income (loss)	18,031	-7,818	-22,783	-22,372
Comprehensive income	150,325	94,792	458,710	283,637
Less: Comprehensive income attributable to noncontrolling interests	33,739	14,354	79,824	30,642
Comprehensive income attributable to EQT Corporation	$116,586	$80,438	$378,886	$252,995

Statements_of_Consolidated_Com1

Statements of Consolidated Comprehensive Income (Unaudited) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Natural gas, tax expense (benefit)	$11,844	($5,448)	($16,036)	($15,595)
Interest rate, tax expense	25	25	75	75
Pension and other post-retirement benefits liability adjustment, tax expense	$113	$307	$340	$920

Statements_of_Condensed_Consol

Statements of Condensed Consolidated Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net income	$481,493	$306,009
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Deferred income taxes	102,301	14,869
Depreciation, depletion and amortization	484,908	493,341
Gain on sale / exchange of assets	-37,749	0
Gain on dispositions	-3,598	0
Provision for losses on accounts receivable	1,753	986
Other income	-6,134	-6,846
Stock-based compensation expense	33,072	37,108
(Gain) loss recognized in operating revenues for hedging ineffectiveness	-13,075	4,518
Loss (gain) on derivatives not designated as hedges	16,058	-307
Cash settlements on derivatives not designated as hedges	-9,232	-233
Lease impairment	8,729	12,132
Changes in other assets and liabilities:	'	'
Dividend from Nora Gathering, LLC	9,463	9,000
Excess tax benefits on stock-based compensation	-28,592	0
Accounts receivable and unbilled revenues	34,419	37,826
Inventory	7,438	13,014
Prepaid expenses and other	10,930	12,473
Accounts payable	-15,201	1,078
Accrued interest	30,860	27,030
Other items, net	34,102	6,110
Net cash provided by operating activities	1,141,945	968,108
Cash flows from investing activities:	'	'
Capital expenditures from continuing operations	-1,606,307	-1,195,769
Payments to Acquire Property, Plant, and Equipment	-163,251	0
Capital expenditures from discontinued operations	0	-24,873
Restricted cash, net	-338,561	0
Proceeds from sale of assets	7,444	0
Net cash used in investing activities	-2,100,675	-1,220,642
Cash flows from financing activities:	'	'
Proceeds from the issuance of common units of EQT Midstream Partners, LP, net of issuance costs	902,467	529,442
Proceeds from the issuance of EQT Midstream Partners, LP debt	500,000	0
Increase in short-term loans	450,000	178,500
Decrease in short-term loans	-450,000	-178,500
Dividends paid	-13,653	-13,565
Distributions to noncontrolling interests	-46,155	-21,160
Repayments and retirements of long-term debt	-6,162	-23,204
Proceeds and tax benefits from exercises under equity compensation plans	42,181	22,863
Cash paid for taxes related to net settlement of share-based incentive awards	-49,013	0
Debt issuance costs and revolving credit facility origination fees	-12,690	0
Repurchase and retirement of common stock	-32,368	0
Net cash provided by financing activities	1,284,607	494,376
Net change in cash and cash equivalents	325,877	241,842
Cash and cash equivalents at beginning of period	845,641	182,055
Cash and cash equivalents at end of period	1,171,518	423,897
Cash paid during the period for:	'	'
Interest, net of amount capitalized	68,698	83,660
Income taxes, net	$127,858	$76,669

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$1,171,518	$845,641
Restricted cash	338,561	0
Accounts receivable (less accumulated provision for doubtful accounts: $6,977 at September 30, 2014 and $5,171 at December 31, 2013)	199,609	235,781
Derivative instruments, at fair value	101,542	107,647
Prepaid expenses and other	47,988	66,356
Total current assets	1,859,218	1,255,425
Equity in nonconsolidated investments	0	128,983
Property, plant and equipment	13,001,089	11,062,136
Less: accumulated depreciation and depletion	3,174,022	2,728,374
Net property, plant and equipment	9,827,067	8,333,762
Other assets	77,367	73,883
Total assets	11,763,652	9,792,053
Current liabilities:	'	'
Current portion of long-term debt	11,011	11,162
Accounts payable	370,314	330,329
Other current liabilities	235,470	181,919
Total current liabilities	616,795	523,410
Long-term debt	2,983,252	2,490,354
Deferred income taxes	1,713,824	1,655,765
Other liabilities and credits	274,531	258,396
Total liabilities	5,588,402	4,927,925
Stockholders’ equity:	'	'
Common stock, no par value, authorized 320,000 shares, shares issued: 175,384 at September 30, 2014 and 175,684 at December 31, 2013	1,880,849	1,869,843
Treasury stock, shares at cost: 23,878 at September 30, 2014 and 24,800 at December 31, 2013	-431,067	-447,738
Retained earnings	2,936,387	2,567,980
Accumulated other comprehensive income	21,920	44,703
Total common stockholders’ equity	4,408,089	4,034,788
Noncontrolling interests in consolidated subsidiaries	1,767,161	829,340
Total equity	6,175,250	4,864,128
Total liabilities and equity	$11,763,652	$9,792,053

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Per Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts receivable, accumulated provision for doubtful accounts (in dollars)	$6,977	$5,171
Common stock, par value (in dollars per share)	$0	$0
Common stock, authorized shares	320,000	320,000
Common stock, shares issued	175,384	175,684
Treasury stock, shares	23,878	24,800

Statements_of_Condensed_Consol1

Statements of Condensed Consolidated Equity (Unaudited) (USD $)	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income	Noncontrolling Interests in Consolidated Subsidiaries
In Thousands, unless otherwise specified
Beginning Balance at Dec. 31, 2012	$3,888,802	$1,308,771	$2,195,502	$99,547	$284,982
Beginning Balance (in shares) at Dec. 31, 2012	'	150,109	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	306,009	'	275,367	'	30,642
Other comprehensive loss	-22,372	'	'	-22,372	'
Dividends ($0.09 per share during 9 months ended September 30, 2014 and 2013, respectively) )	-13,565	'	-13,565	'	'
Stock-based compensation plans, net (in shares)	'	607	'	'	'
Stock-based compensation plans, net	69,808	69,497	'	'	311
Distributions to noncontrolling interests ($1.12 and $1.47 per common unit during the 9 months ended 2014 and 2013, respectively)	-21,160	'	'	'	-21,160
Issuance of common units of EQT Midstream Partners, LP	529,442	'	'	'	529,442
Deferred taxes related to public offering of common units of EQT Midstream Partners, LP	-1,641	-1,641	'	'	'
Ending Balance at Sep. 30, 2013	4,735,323	1,376,627	2,457,304	77,175	824,217
Ending Balance (in shares) at Sep. 30, 2013	'	150,716	'	'	'
Beginning Balance at Dec. 31, 2013	4,864,128	1,422,105	2,567,980	44,703	829,340
Beginning Balance (in shares) at Dec. 31, 2013	'	150,884	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	481,493	'	401,669	'	79,824
Other comprehensive loss	-22,783	'	'	-22,783	'
Dividends ($0.09 per share during 9 months ended September 30, 2014 and 2013, respectively) )	-13,653	'	-13,653	'	'
Stock-based compensation plans, net (in shares)	'	922	'	'	'
Stock-based compensation plans, net	42,121	40,436	'	'	1,685
Distributions to noncontrolling interests ($1.12 and $1.47 per common unit during the 9 months ended 2014 and 2013, respectively)	-46,155	'	'	'	-46,155
Issuance of common units of EQT Midstream Partners, LP	902,467	'	'	'	902,467
Repurchase and retirement of common stock (in shares)	'	-300	'	'	'
Repurchase and retirement of common stock	-32,368	-12,759	-19,609	'	'
Ending Balance at Sep. 30, 2014	$6,175,250	$1,449,782	$2,936,387	$21,920	$1,767,161
Ending Balance (in shares) at Sep. 30, 2014	'	151,506	'	'	'

Statements_of_Condensed_Consol2

Statements of Condensed Consolidated Equity (Unaudited) (Parenthetical) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]	'	'
Dividends (in dollars per share)	$0.09	$0.09
Distributions to noncontrolling interests (in dollars per common unit)	$1.47	$1.12

Financial_Statements

Financial Statements	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Financial Statements	'
	Financial Statements
	The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with United States generally accepted accounting principles (GAAP) for interim financial information and with the requirements of Form 10-Q and Article 10 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by United States GAAP for complete financial statements.  In the opinion of management, these statements include all adjustments (consisting of only normal recurring accruals, unless otherwise disclosed in this Form 10-Q) necessary for a fair presentation of the financial position of EQT Corporation and subsidiaries as of September 30, 2014 and December 31, 2013, the results of its operations for the three and nine month periods ended September 30, 2014 and 2013 and its cash flows for the nine month periods ended September 30, 2014 and 2013.  In this Quarterly Report on Form 10-Q, references to “we,” “us,” “our,” “EQT,” “EQT Corporation,” and the “Company” refer collectively to EQT Corporation and its consolidated subsidiaries.
	Certain previously reported amounts have been reclassified to conform to the current year presentation. The impact of these reclassifications were not material to any of the previously issued financial statements. Additionally, financial statements and notes to the financial statements previously reported in prior periods have been recast to reflect the presentation of discontinued operations as a result of the Equitable Gas Transaction (refer to Note B for additional information regarding discontinued operations).
	The balance sheet at December 31, 2013 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by United States GAAP for complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in EQT Corporation’s Annual Report on Form 10-K for the year ended December 31, 2013 as well as “Management’s Discussion and Analysis of Financial Condition and Results of Operations” beginning on page 22 of this Quarterly Report on Form 10-Q.

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Discontinued Operations	'
	Discontinued Operations
	On December 17, 2013, the Company and its wholly-owned subsidiary Distribution Holdco, LLC (Holdco) completed the disposition of their ownership interests in Equitable Gas Company, LLC (Equitable Gas) and Equitable Homeworks, LLC (Homeworks) to PNG Companies LLC (the Equitable Gas Transaction). Equitable Gas and Homeworks comprised substantially all of the Company’s previously reported Distribution segment.  The financial information of Equitable Gas and Homeworks is reflected as discontinued operations for all periods presented in these financial statements.  Prior periods have been recast to reflect this presentation.
	During the second quarter of 2014, the Company received additional cash proceeds of $7.4 million as a result of post-closing purchase price adjustments for the Equitable Gas Transaction. The Company recognized an additional gain of $3.6 million for the nine months ended September 30, 2014, included in income from discontinued operations, net of tax, in the Statements of Consolidated Income. As consideration for the Equitable Gas Transaction, the Company received total cash proceeds of $748.0 million, select midstream assets (including the Allegheny Valley Connector) with a fair value of $140.3 million and other contractual assets with a fair value of $32.5 million.
	The following table summarizes the components of discontinued operations activity:
		Three Months Ended September 30,				Nine Months Ended September 30,
		2014		2013		2014		2013
		(Thousands)
	Operating revenues	$	—	$	36,348	$	—	$	246,967
	Income from discontinued operations before income taxes	—		3,579		3,077		67,169
	Income tax expense	—		1,288		1,305		24,278
	Income from discontinued operations, net of tax	$	—	$	2,291	$	1,772	$	42,891

EQT_Midstream_Partners_LP

EQT Midstream Partners, LP	9 Months Ended
	Sep. 30, 2014
EQT Midstream Partners, LP	'
EQT Midstream Partners, LP	'
	EQT Midstream Partners, LP
	In 2012, the Company formed EQT Midstream Partners, LP (the Partnership) (NYSE: EQM) to own, operate, acquire and develop midstream assets in the Appalachian Basin. The Partnership provides midstream services to the Company and other third parties. The Partnership is consolidated in the Company’s consolidated financial statements. The Company records the noncontrolling interest of the public limited partners in its financial statements.
	On May 7, 2014, a wholly-owned subsidiary of the Company contributed the Jupiter gathering system to EQM Gathering Opco, LLC (EQM Gathering), a wholly-owned subsidiary of the Partnership, in exchange for $1.18 billion (the Jupiter Transaction). EQM Gathering is consolidated by the Company as it is still controlled by the Company.
	On May 7, 2014, the Partnership completed an underwritten public offering of 12,362,500 common units, which included the full exercise of the underwriters’ overallotment option, representing Partnership limited partner interests. The Partnership received net proceeds of approximately $902.5 million from the offering, after deducting the underwriters’ discount and offering expenses of approximately $34 million. As of September 30, 2014, the Company held a 2% general partner interest, all incentive distribution rights and a 34.4% limited partner interest in the Partnership. The Company’s limited partner interest in the Partnership consists of 3,959,952 common units and 17,339,718 subordinated units.
	While the Company did not record a gain for accounting purposes as a result of the Jupiter Transaction, the Company recognized a taxable gain for federal income tax purposes of approximately $569.3 million in 2014. In conjunction with the Jupiter Transaction, $500.0 million of the proceeds received were placed into a qualified trust account pursuant to a deferred exchange agreement, that allows for the use of the funds in a potential like-kind exchange for certain identified assets. The Company has utilized $161.5 million of these funds primarily in connection with the exchange of certain assets with Range Resources Corporation (see Note K for a description of the Range Transaction) during the nine months ended September 30, 2014.
	During the third quarter of 2014, the Partnership issued 4.00% Senior Notes due 2024 (4.00% Senior Notes) in the aggregate principal amount of $500.0 million. Net proceeds of the offering of $492.4 million, after deducting a discount of $2.9 million and debt issuance costs of $4.7 million, were used to repay all of the outstanding borrowings under the Partnership’s credit facility and for general partnership purposes. The payment obligations under the 4.00% Senior Notes are unconditionally guaranteed, jointly and severally, on an unsecured basis, by each of the Partnership’s existing and future subsidiaries that guarantees the Partnership’s credit facility (other than EQT Midstream Finance Corporation). The 4.00% Senior Notes contain covenants that limit the Partnership’s ability to, among other things, incur certain liens securing indebtedness, engage in certain sale and leaseback transactions, and enter into certain consolidations, mergers, conveyances, transfers or leases of all or substantially all of the Partnership’s assets.
	During the third quarter of 2013, the Partnership and Equitrans, L.P. (Equitrans) entered into an Agreement and Plan of Merger with EQT and Sunrise Pipeline, LLC (the Sunrise Transaction), a wholly-owned subsidiary of EQT and the owner of the Sunrise Pipeline, pursuant to which Sunrise Pipeline, LLC merged into Equitrans, in exchange for a $507.5 million cash payment, 479,184 common units of the Partnership and 267,942 general partner units of the Partnership.

Financial_Information_by_Busin

Financial Information by Business Segment	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Financial Information by Business Segment	'
	Financial Information by Business Segment
	Operating segments are revenue-producing components of the enterprise for which separate financial information is produced internally and which are subject to evaluation by the Company’s chief operating decision maker in deciding how to allocate resources.
	The Company reports its operations in two segments, which reflect its lines of business.  The EQT Production segment includes the Company’s exploration for, and development and production of, natural gas, natural gas liquids (NGLs) and a limited amount of crude oil in the Appalachian and Permian Basins.  The EQT Midstream segment’s operations include the natural gas gathering, transportation, storage and marketing activities of the Company, including ownership and operation of the Partnership.
	Operating segments are evaluated on their contribution to the Company’s consolidated results based on operating income. Other income, interest and income taxes are managed on a consolidated basis. Headquarters’ costs are billed to the operating segments based upon an allocation of the headquarters’ annual operating budget.  Differences between budget and actual headquarters’ expenses are not allocated to the operating segments.
	The Company’s management reviews and reports the EQT Production segment results with third-party transportation and processing costs reflected as a deduction from operating revenues. Third-party costs incurred to gather, process and transport gas produced by EQT Production to market sales points are recorded as a portion of transportation and processing costs in the Statements of Consolidated Income. Some transportation costs incurred by the Company are marketed for resale and are not incurred to transport gas produced by EQT Production.  These transportation costs are reflected as a deduction from operating revenues.
	Substantially all of the Company’s operating revenues, income from operations and assets are generated or located in United States.
		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
		(Thousands)
	Revenues from external customers:
	EQT Production	$	363,126		$	304,231		$	1,152,971		$	860,874
	EQT Midstream	173,856			155,677			502,427			452,731
	Third-party transportation and processing costs (a)	48,561			34,316			144,622			104,884
	Less intersegment revenues, net (b)	(6,820		)	(14,618		)	(33,504		)	(49,907		)
	Total	$	578,723		$	479,606		$	1,766,516		$	1,368,582
	Operating income:
	EQT Production (c)	$	140,036		$	97,600		$	561,930		$	276,753
	EQT Midstream (c)	93,600			78,533			265,196			224,993
	Unallocated expenses (d)	(2,133		)	(9,069		)	(14,061		)	(28,223		)
	Total operating income	$	231,503		$	167,064		$	813,065		$	473,523
	Reconciliation of operating income to income from continuing operations:
	Other income	$	1,004		$	2,310		$	6,134		$	6,632
	Interest expense	35,717			35,554			99,558			110,690
	Income taxes	64,496			33,501			239,920			106,347
	Income from continuing operations	$	132,294		$	100,319		$	479,721		$	263,118
		As of			As of
		September 30, 2014			December 31, 2013
		(Thousands)
	Segment assets:
	EQT Production	$	7,549,424		$	6,359,065
	EQT Midstream	2,609,926			2,514,429
	Total operating segments	10,159,350			8,873,494
	Headquarters assets, including cash and short-term investments	1,604,302			918,559
	Total assets	$	11,763,652		$	9,792,053
	(a)	This amount reflects the reclassification of third-party transportation and processing costs from operating revenues to transportation and processing costs at the consolidated level.
	(b)	Includes entries to eliminate intercompany natural gas sales from EQT Production to EQT Midstream. The Company also had $8.9 million and $28.9 million for the three and nine months ended September 30, 2013, respectively, of intercompany eliminations for transmission and storage services between EQT Midstream and the Company’s previously reported Distribution segment that were recast to discontinued operations as a result of the Equitable Gas Transaction. These recast adjustments had no impact on the Company’s net income for either of the three and nine month periods ended September 30, 2013.
	(c)	Gains on sales / exchanges of assets of $31.0 million and $6.8 million are included in EQT Production and EQT Midstream operating income, respectively, for the nine months ended September 30, 2014.
	(d)	Unallocated expenses consist primarily of incentive compensation expense, administrative costs and, for the three and nine months ended September 30, 2013, corporate overhead charges previously allocated to the Distribution segment that were reclassified to Headquarters as part of the recast of the 2013 financial information in this Quarterly Report on Form 10-Q.
		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
		(Thousands)
	Depreciation, depletion and amortization:
	EQT Production	$	154,031		$	150,637		$	421,521		$	419,619
	EQT Midstream	21,709			18,930			63,848			55,601
	Other	(162		)	(94		)	(461		)	(238		)
	Total	$	175,578		$	169,473		$	484,908		$	474,982
	Expenditures for segment assets (e):
	EQT Production (f)	$	511,971		$	332,370		$	1,855,518		$	977,394
	EQT Midstream	136,589			111,593			333,813			254,205
	Other	805			942			2,167			3,162
	Total	$	649,365		$	444,905		$	2,191,498		$	1,234,761
	(e)     Includes non-cash capital expenditures of $25.0 million and $28.4 million for the three months ended September 30, 2014 and 2013, respectively, and $68.8 million and $39.0 million for the nine months ended September 30, 2014 and 2013, respectively, for certain labor overhead costs including a portion of non-cash stock-based compensation expense and non-cash capital expense accruals that have not yet been paid.
	(f)      Expenditures for segment assets in the EQT Production segment include $37.2 million and $20.5 million for property acquisitions during the three months ended September 30, 2014 and 2013, respectively, and $646.9 million and $162.1 million for property acquisitions during the nine months ended September 30, 2014 and 2013, respectively. Included within the $646.9 million of property acquisitions during the nine months ended September 30, 2014 is $159.0 million of cash capital expenditures and $353.1 million of non-cash capital expenditures for the exchange of assets with Range Resources Corporation (described in Note K).

Derivative_Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments	'
	Derivative Instruments
	The Company’s primary market risk exposure is the volatility of future prices for natural gas and NGLs, which can affect the operating results of the Company primarily at EQT Production. The Company’s overall objective in its hedging program is to protect cash flows from undue exposure to the risk of changing commodity prices.
	The Company uses over the counter (OTC) derivative commodity instruments, primarily swap and collar agreements, that are primarily placed with financial institutions and the creditworthiness of these institutions is regularly monitored. The Company also uses exchange traded futures contracts that obligate the Company to buy or sell a designated commodity at a future date for a specified price and quantity at a specified location. Swap agreements involve payments to or receipts from counterparties based on the differential between two prices for the commodity. Collar agreements require the counterparty to pay the Company if the index price falls below the floor price and the Company to pay the counterparty if the index price rises above the cap price. The Company also engages in basis swaps to protect earnings from undue exposure to the risk of geographic disparities in commodity prices and interest rate swaps to hedge exposure to interest rate fluctuations on potential debt issuances. During the third quarter of 2014, the Company granted 50,000 dth per day of calendar year 2016 swaptions to counterparties in exchange for calendar year 2015 collars with premium pricing. Swaption contracts grant the counterparty the option to enter into a fixed price swap agreement with the Company at a future date. Each 2016 swaption and associated 2015 collar was executed contemporaneously with a single counterparty, and no cash was exchanged at the inception of the contracts.
	The Company recognizes all derivative instruments as either assets or liabilities at fair value on a gross basis. These assets are reported in the Condensed Consolidated Balance Sheets as derivative instruments at fair value and the liabilities are reported within other current liabilities in the Condensed Consolidated Balance Sheets. These derivative instruments are reported as either current assets or current liabilities due to their highly liquid nature. The Company can net settle its derivative instruments at any time.
	The accounting for the changes in fair value of the Company’s derivative instruments depends on the use of the derivative instruments.  To the extent that a derivative instrument has been designated and qualifies as a cash flow hedge, the effective portion of the change in fair value of the derivative instrument is reported as a component of accumulated other comprehensive income (OCI), net of tax, and is subsequently reclassified into the Statements of Consolidated Income in the same period or periods during which the forecasted transaction affects earnings.  In conjunction with the exchange of assets with Range Resources Corporation (see Note K), the Company de-designated certain derivative instruments that were previously designated as cash flow hedges because it was probable that the forecasted transactions would not occur, resulting in a pre-tax gain of $28.0 million recorded within gain on sale / exchange of assets in the Statements of Consolidated Income for the nine months ended September 30, 2014.  Any subsequent changes in fair value of these derivative instruments are recognized within operating revenues in the Statements of Consolidated Income each period.
	For a derivative instrument designated and qualified as a fair value hedge, the change in fair value of the instrument was recognized as a portion of operating revenues in the Statements of Consolidated Income each period. In addition, the change in the fair value of the hedged item (natural gas inventory) was recognized as a portion of operating revenues in the Statements of Consolidated Income. The Company elected to exclude the spot/forward differential for the assessment of effectiveness of the fair value hedges.
	Most of the derivative commodity instruments used by the Company to hedge its exposure to variability in expected future cash flows associated with the fluctuations in the price of natural gas related to the Company’s forecasted sale of equity production have been designated and qualify as cash flow hedges. Historically, some of the derivative commodity instruments used by the Company to hedge its exposure to adverse changes in the market price of natural gas stored in the ground were designated and qualified as fair value hedges. These fair value hedges were de-designated effective October 1, 2013. Basis swaps and the calendar 2016 swaptions and associated 2015 collars are not designated as hedges. Any hedging ineffectiveness and any change in fair value of derivative instruments that have not been designated as hedges are recognized in the Statements of Consolidated Income each period.
	The Company also enters into fixed price natural gas sales agreements that are satisfied by physical delivery.  These physical commodity contracts qualify for the normal purchases and sales exception and are not subject to derivative instrument accounting.
	Exchange-traded instruments are generally settled with offsetting positions. OTC arrangements require settlement in cash. Settlements of derivative commodity instruments are reported as a component of cash flows from operations in the accompanying Statements of Condensed Consolidated Cash Flows.
		Three Months Ended September 30,							Nine Months Ended September 30,
		2014			2013				2014				2013
	Commodity derivatives designated as cash flow hedges	(Thousands)
	Amount of gain (loss) recognized in OCI (effective portion), net of tax	$	23,160		$	17,733			$	(29,489	)		$	38,561
	Amount of gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets due to forecasted transactions probable to not occur	—			—				16,735				—
	Amount of gain (loss) reclassified from accumulated OCI into operating revenues (effective portion), net of tax	5,340			26,020				(22,806		)		62,343
	Amount of gain (loss) recognized in operating revenues (ineffective portion) (a)	34,348			3,436				13,075				(4,518		)
	Interest rate derivatives designated as cash flow hedges
	Amount of loss reclassified from accumulated OCI, net of tax, into interest expense (effective portion)	$	(36	)	$	(36	)		$	(108	)		$	(108	)
	Commodity derivatives designated as fair value hedges (b)
	Amount of loss recognized in operating revenues for fair value commodity contracts	$	—		$	(502	)		$	—			$	(1,341	)
	Fair value (loss) gain recognized in operating revenues for inventory designated as hedged item	—			(76		)		—				386
	Derivatives not designated as hedging instruments
	Amount of gain (loss) recognized in operating revenues	$	1,821		$	(943	)		$	(16,058	)		$	307
	(a)   No amounts have been excluded from effectiveness testing of cash flow hedges.
	(b)   For the three months ended September 30, 2013, the net impact on operating revenues consisted of a $1.6 million loss due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.0 million gain due to changes in basis. For the nine months ended September 30, 2013, the net impact on operating revenues consisted of a $0.5 million gain due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.5 million loss due to changes in basis.
		As of			As of
		September 30, 2014			December 31, 2013
		(Thousands)
	Asset derivatives
	Commodity derivatives designated as hedging instruments	$	61,332		$	104,430
	Commodity derivatives not designated as hedging instruments	40,210			3,217
	Total asset derivatives	$	101,542		$	107,647
	Liability derivatives
	Commodity derivatives designated as hedging instruments	$	9,146		$	27,618
	Commodity derivatives not designated as hedging instruments	19,662			2,033
	Total liability derivatives (included in other current liabilities)	$	28,808		$	29,651
	The net fair value of derivative commodity instruments changed during the first nine months of 2014 primarily as a result of decreased New York Mercantile Exchange (NYMEX) forward prices and settlements.  The absolute quantities of the Company’s derivative commodity instruments that have been designated and qualify as cash flow hedges totaled 353 Bcf and 398 Bcf as of September 30, 2014 and December 31, 2013, respectively, and are primarily related to natural gas swaps and collars. The open positions at September 30, 2014 and December 31, 2013 had maturities extending through December 2018 and December 2017, respectively.
	The Company deferred net gains of $38.3 million and $61.7 million in accumulated OCI, net of tax, as of September 30, 2014 and December 31, 2013, respectively, associated with the effective portion of the change in fair value of its derivative commodity instruments designated as cash flow hedges. Assuming no change in price or new transactions, the Company estimates that approximately $23.7 million of net unrealized gains on its derivative commodity instruments reflected in accumulated OCI, net of tax, as of September 30, 2014 will be recognized in earnings during the next twelve months due to the settlement of hedged transactions.
	The Company is exposed to credit loss in the event of nonperformance by counterparties to derivative contracts.  This credit exposure is limited to derivative contracts with a positive fair value, which may change as market prices change. The Company believes that NYMEX traded futures contracts have limited credit risk because Commodity Futures Trading Commission regulations are in place to protect exchange participants, including the Company, from potential financial instability of the exchange members. The Company’s OTC derivative instruments are primarily placed with financial institutions and thus are subject to events that would impact those companies individually as well as that industry as a whole.
	The Company utilizes various processes and analysis to monitor and evaluate its credit risk exposures.  These include closely monitoring current market conditions, counterparty credit fundamentals and credit default swap rates.  Credit exposure is controlled through credit approvals and limits based on counterparty credit fundamentals. To manage the level of credit risk, the Company enters into transactions with financial counterparties that are of investment grade or better, enters into netting agreements whenever possible and may obtain collateral or other security.
	When the net fair value of any of the Company’s swap agreements represents a liability to the Company which is in excess of the agreed-upon threshold between the Company and the financial institution acting as counterparty, the counterparty requires the Company to remit funds to the counterparty as a margin deposit for the derivative liability which is in excess of the threshold amount.  The Company records these deposits as a current asset.  When the net fair value of any of the Company’s swap agreements represents an asset to the Company which is in excess of the agreed-upon threshold between the Company and the financial institution acting as counterparty, the Company requires the counterparty to remit funds as margin deposits in an amount equal to the portion of the derivative asset which is in excess of the threshold amount. The Company records a current liability for such amounts received.  The Company had no such deposits in its Condensed Consolidated Balance Sheets as of September 30, 2014 or December 31, 2013.
	When the Company enters into exchange-traded natural gas contracts, exchanges may require the Company to remit funds to the corresponding broker as good-faith deposits to guard against the risks associated with changing market conditions.  The Company must make such deposits based on an established initial margin requirement as well as the net liability position, if any, of the fair value of the associated contracts.  The Company records these deposits as a current asset in the Condensed Consolidated Balance Sheets.  In the case where the fair value of such contracts is in a net asset position, the broker may remit funds to the Company, in which case the Company records a current liability for such amounts received. The initial margin requirements are established by the exchanges based on the price, volatility and the time to expiration of the related contract.  The margin requirements are subject to change at the exchanges’ discretion.  The Company recorded current assets of $0.2 million and $0.3 million as of September 30, 2014 and December 31, 2013, respectively, for such deposits in its Condensed Consolidated Balance Sheets.
	The Company recognizes all derivative instruments as either assets or liabilities at fair value on a gross basis. Margin deposits remitted to financial counterparties or received from financial counterparties related to OTC natural gas swap agreements and options and any funds remitted to or deposits received from the Company’s brokers are recorded on a gross basis.  The Company has netting agreements with financial institutions and its brokers that permit net settlement of gross commodity derivative assets against gross commodity derivative liabilities. The table below reflects the impact of netting agreements and margin deposits on gross derivative assets and liabilities as of September 30, 2014 and December 31, 2013.
	As of September 30, 2014		Derivative			Derivative				Margin				Derivative
			instruments,			instruments				deposits				instruments,
			recorded in the			subject to				remitted to				net
			Condensed			master				counterparties
			Consolidated			netting
			Balance			agreements
			Sheet, gross
			(Thousands)
	Asset derivatives:
	Derivative instruments, at fair value		$	101,542		$	(23,265	)		$	—			$	78,277
	Liability derivatives:
	Derivative instruments, at fair value (included in other current liabilities)		$	28,808		$	(23,265	)		$	(204	)		$	5,339
	As of December 31, 2013		Derivative			Derivative				Margin				Derivative
			instruments,			instruments				deposits				instruments,
			recorded in the			subject to				remitted to				net
			Condensed			master				counterparties
			Consolidated			netting
			Balance			agreements
			Sheet, gross
			(Thousands)
Asset derivatives:
Derivative instruments, at fair value		$	107,647		$	(20,843	)		$	—			$	86,804
Liability derivatives:
Derivative instruments, at fair value (included in other current liabilities)		$	29,651		$	(20,843	)		$	(266	)		$	8,542
Certain of the Company’s derivative instrument contracts provide that if the Company’s credit ratings by Standard & Poor’s Ratings Services (S&P) or Moody’s Investors Services (Moody’s) are lowered below investment grade, additional collateral must be deposited with the counterparty.  The additional collateral can be up to 100% of the derivative liability.  As of September 30, 2014, the aggregate fair value of all derivative instruments with credit risk-related contingent features that were in a net liability position was $6.8 million, for which the Company had no collateral posted on September 30, 2014.  If the Company’s credit rating by S&P or Moody’s had been downgraded below investment grade to BB+ by S&P or Ba1 by Moody's on September 30, 2014, the Company would have been required to post $0.6 million of additional collateral under the agreements with the respective counterparties.  Investment grade refers to the quality of the Company’s credit as assessed by one or more credit rating agencies. The Company’s senior unsecured debt was rated BBB by S&P and Baa3 by Moody’s at September 30, 2014.  In order to be considered investment grade, the Company must be rated BBB- or higher by S&P and Baa3 or higher by Moody’s.  Anything below these ratings is considered non-investment grade.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	The Company records its financial instruments, principally derivative instruments, at fair value in its Condensed Consolidated Balance Sheets.  The Company has an established process for determining fair value which is based on quoted market prices, where available.  If quoted market prices are not available, fair value is based upon models that use as inputs market-based parameters, including but not limited to forward curves, discount rates, volatilities and nonperformance risk.  Nonperformance risk considers the effect of the Company’s credit standing on the fair value of liabilities and the effect of the counterparty’s credit standing on the fair value of assets.  The Company estimates nonperformance risk by analyzing publicly available market information, including a comparison of the yield on debt instruments with credit ratings similar to the Company’s or counterparty’s credit rating and the yield of a risk-free instrument.  The Company also considers credit default swaps rates where applicable.
	The Company has categorized its assets and liabilities recorded at fair value into a three-level fair value hierarchy, based on the priority of the inputs to the valuation technique.  The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3).  Assets and liabilities included in Level 1 include the Company’s futures contracts.  Assets and liabilities in Level 2 primarily include the Company’s swap and collar agreements. As of December 31, 2013, the Company transferred $54.4 million of derivative instruments, primarily collars, from Level 3 into Level 2.
	The fair value of the assets and liabilities included in Level 2 is based on standard industry income approach models that use significant observable inputs, including NYMEX forward curves, LIBOR-based discount rates and basis forward curves.  The Company’s collars and swaptions are valued using standard industry income approach option models. The Company's collars were historically classified in Level 3 because the volatility assumption in the option pricing model was not observable over the full duration of the collars.  Effective December 31, 2013, the volatility assumption in the option pricing model was, and at September 30, 2014 continued to be, observable for the duration of the term of the collars outstanding. This change did not have a significant impact on the fair value of the derivative instruments previously included in Level 3. The significant observable inputs utilized by the option pricing models include NYMEX forward curves, natural gas volatilities and LIBOR-based discount rates.
	The Company uses NYMEX forward curves to value futures, commodity swaps, collars and swaptions. The NYMEX forward curves, LIBOR-based discount rates, natural gas volatilities and basis forward curves are validated to external sources at least monthly.
	The following assets and liabilities were measured at fair value on a recurring basis during the applicable period:
						Fair value measurements at reporting date using
	Description		As of			Quoted prices in			Significant			Significant
			September 30,			active markets for			other observable			unobservable
			2014			identical assets			inputs			inputs
						(Level 1)			(Level 2)			(Level 3)
			(Thousands)
	Assets
	Derivative instruments, at fair value		$	101,542		$	17		$	101,525		$	—
	Liabilities
	Derivative instruments, at fair value (included in other current liabilities)		$	28,808		$	6		$	28,802		$	—
						Fair value measurements at reporting date using
	Description		As of			Quoted prices in			Significant			Significant
			December 31, 2013			active markets for			other observable			unobservable
						identical assets			inputs			inputs
						(Level 1)			(Level 2)			(Level 3)
			(Thousands)
	Assets
	Derivative instruments, at fair value		$	107,647		$	240		$	107,407		$	—
	Liabilities
	Derivative instruments, at fair value (included in other current liabilities)		$	29,651		$	315		$	29,336		$	—
		Fair value measurements using significant
		unobservable inputs (Level 3)
		Derivative instruments, at fair value, net
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
		(Thousands)
	Beginning of period	$	—		$	74,688		$	—		$	90,714
	Total gains or losses:
	Included in earnings	—			414			—			(341		)
	Included in OCI	—			2,067			—			3,459
	Purchases	—			(79		)	—			(7		)
	Settlements	—			(8,769		)	—			(25,504		)
	Transfers in and/or out of Level 3	—			—			—			—
	End of period	$	—		$	68,321		$	—		$	68,321
	Gains of $0.4 million and losses of $0.8 million are included in earnings in the table above for the three and nine months ended September 30, 2013, respectively, attributable to the change in unrealized gains or losses relating to assets held as of September 30, 2013.
	The carrying value of cash equivalents approximates fair value due to the short maturity of the instruments; these are considered Level 1 fair values.
	The Company estimates the fair value of its debt using its established fair value methodology.  Because not all of the Company’s debt is actively traded, the fair value of the debt is a Level 2 fair value measurement.  Fair value for non-traded debt obligations is estimated using a standard industry income approach model which utilizes a discount rate based on market rates for debt with similar remaining time to maturity and credit risk.  The estimated fair value of long-term debt on the Condensed Consolidated Balance Sheets at September 30, 2014 and December 31, 2013 was approximately $3.3 billion and $2.8 billion, respectively.
	For information on the fair value of certain assets acquired from the exchange of properties with Range Resources Corporation, see Note K.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company estimates an annual effective income tax rate based on projected results for the year and applies this rate to income before taxes to calculate income tax expense.  All of the Partnership’s earnings are included in the Company’s net income. However, the Company is not required to record income tax expense with respect to the portion of the Partnership’s earnings allocated to its noncontrolling public limited partners, which reduces the Company’s effective tax rate.  Any refinements made due to subsequent information that affects the estimated annual effective income tax rate are reflected as adjustments in the current period.
	The Company’s effective income tax rate for the nine months ended September 30, 2014 was 33.3%, compared to 28.8% for the nine months ended September 30, 2013.  The increase in the effective income tax rate is primarily attributable to increased state tax expense in 2014 primarily due to higher natural gas prices and production sales volumes, a reduction in a state net operating loss valuation allowance related to bonus depreciation in 2013 and a reduction to tax reserves in 2013, partially offset by the increase in the Partnership earnings allocated to the noncontrolling limited partners resulting from the Partnership’s May 2014 underwritten public offering of common units.
	There were no material changes to the Company’s methodology for determining unrecognized tax benefits during the three months ended September 30, 2014.  The Company believes that it is appropriately reserved for uncertain tax positions.

Revolving_Credit_Facilities

Revolving Credit Facilities	9 Months Ended
	Sep. 30, 2014
Short-term Debt [Abstract]	'
Revolving Credit Facilities	'
	Revolving Credit Facilities
	As of September 30, 2014 and December 31, 2013, the Company had no loans or letters of credit outstanding under its revolving credit facility. The Company did not have any short-term loans outstanding under its revolving credit facility at any time during the three and nine months ended September 30, 2014. The maximum amount of the Company’s outstanding short-term loans at any time was $140.5 million and $178.5 million during the three and nine months ended September 30, 2013, respectively. The average daily balance of short-term loans outstanding was approximately $21.5 million and $16.1 million during the three and nine months ended September 30, 2013, respectively, at weighted average interest rates of 1.61% and 1.65%, respectively.
	As of September 30, 2014 and December 31, 2013, the Partnership had no loans or letters of credit outstanding under its revolving credit facility. The maximum amount of outstanding short-term loans under the Partnership’s revolving credit facility at any time during the three and nine months ended September 30, 2014 was $330.0 million and $450.0 million, respectively. The average daily balance of short-term loans outstanding was approximately $132.7 million and $159.4 million during the three and nine months ended September 30, 2014, respectively, at weighted average annual interest rates of 1.66% and 1.67%, respectively. The Partnership had no short-term loans outstanding at any time during the three and nine months ended September 30, 2013.
	The Company incurred commitment fees averaging approximately 6 basis points for the three months ended September 30, 2014 and 2013, and 17 basis points and 18 basis points for the nine months ended September 30, 2014 and 2013, respectively, to maintain credit availability under its revolving credit facility. The Partnership incurred commitment fees averaging approximately 6 basis points for the three months ended September 30, 2014 and 2013, and 18 and 19 basis points for the nine months ended September 30, 2014 and 2013, respectively, to maintain credit availability under its revolving credit facility.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings Per Share
	Potentially dilutive securities, consisting of options and restricted stock awards, which were included in the calculation of diluted earnings per share, totaled 772,873 and 984,388 for the three months ended September 30, 2014 and 2013, respectively, and 935,027 and 856,112 for the nine months ended September 30, 2014 and 2013, respectively.  There were no options to purchase common stock which were excluded from potentially dilutive securities because they were anti-dilutive for the three and nine months ended September 30, 2014 and 2013.  The impact of the Partnership’s dilutive units did not have a material impact on the Company’s earnings per share calculations for any of the periods presented.

Changes_in_Accumulated_Other_C

Changes in Accumulated Other Comprehensive Income by Component	9 Months Ended
	Sep. 30, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]	'
Changes in Accumulated Other Comprehensive Income by Component	'
	Changes in Accumulated Other Comprehensive Income by Component
	The following tables explain the changes in accumulated OCI by component during the applicable period:
		Three Months Ended September 30, 2014
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of July 1, 2014	$	20,461			$	(1,060	)		$	(15,512	)		$	3,889
	Gains recognized in accumulated OCI, net of tax	23,160			(a)	—				—				23,160
	(Gains) losses reclassified from accumulated OCI, net of tax	(5,340		)	(a)	36			(a)	175			(b)	(5,129		)
	Change in accumulated other comprehensive income, net of tax	17,820				36				175				18,031
	Accumulated OCI (loss), net of tax, as of September 30, 2014	$	38,281			$	(1,024	)		$	(15,337	)		$	21,920
		Three Months Ended September 30, 2013
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of July 1, 2013	$	122,693			$	(1,204	)		$	(36,496	)		$	84,993
	Gains recognized in accumulated OCI, net of tax	17,733			(a)	—				—				17,733
	(Gains) losses reclassified from accumulated OCI, net of tax	(26,020		)	(a)	36			(a)	433			(b)	(25,551		)
	Change in accumulated other comprehensive (loss) income, net of tax	(8,287		)		36				433				(7,818		)
	Accumulated OCI (loss), net of tax, as of September 30, 2013	$	114,406			$	(1,168	)		$	(36,063	)		$	77,175
	(a)   See Note E for additional information.
	(b)   This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans.  See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.
		Nine Months Ended September 30, 2014
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of January 1, 2014	$	61,699			$	(1,132	)		$	(15,864	)		$	44,703
	Losses recognized in accumulated OCI, net of tax	(29,489		)	(a)	—				—				(29,489		)
	Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	(16,735		)	(a)	—				—				(16,735		)
	Losses reclassified from accumulated OCI, net of tax	22,806			(a)	108			(a)	527			(b)	23,441
	Change in accumulated other comprehensive (loss) income, net of tax	(23,418		)		108				527				(22,783		)
	Accumulated OCI (loss), net of tax, as of September 30, 2014	$	38,281			$	(1,024	)		$	(15,337	)		$	21,920
		Nine Months Ended September 30, 2013
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of January 1, 2013	$	138,188			$	(1,276	)		$	(37,365	)		$	99,547
	Gains recognized in accumulated OCI, net of tax	38,561			(a)	—				—				38,561
	(Gains) losses reclassified from accumulated OCI, net of tax	(62,343		)	(a)	108			(a)	1,302			(b)	(60,933		)
	Change in accumulated other comprehensive (loss) income, net of tax	(23,782		)		108				1,302				(22,372		)
	Accumulated OCI (loss), net of tax, as of September 30, 2013	$	114,406			$	(1,168	)		$	(36,063	)		$	77,175
	(a)   See Note E for additional information.
	(b)   This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans.  See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.

Sale_and_Exchange_of_Propertie

Sale and Exchange of Properties	9 Months Ended
	Sep. 30, 2014
Sale and Exchange of Properties	'
Sale and Exchange of Properties	'
	Sale and Exchange of Properties
	In April 2014, the Company executed an agreement to exchange certain assets with Range Resources Corporation (Range).  The transaction closed on June 16, 2014.  The Company received approximately 73,000 net acres and approximately 900 producing wells, most of which are vertical wells, in the Permian Basin of Texas. In exchange, Range received  approximately 138,000 net acres in the Company’s Nora field of Virginia (Nora), the Company’s working interest in approximately 2,000 producing vertical wells in Nora, the Company’s remaining 50% ownership interest in Nora Gathering, LLC (Nora LLC), which owns the supporting gathering system in Nora, and $159.0 million in cash, subject to certain post-closing purchase price adjustments.  The Company accounted for its previous 50% ownership interest in Nora LLC under the equity method, and this investment was reflected within equity in nonconsolidated investments in the Company's Consolidated Balance Sheet. Portions of the exchange of assets with Range are intended to qualify as a tax free asset exchange.
	The fair value of the assets exchanged by the Company was approximately $512.1 million, of which $1.8 million was recorded during the three months ended September 30, 2014. Fair value of $318.3 million was allocated to the acquired acreage and $193.8 million was allocated to the acquired wells. The Company recorded a pre-tax gain of $37.7 million, which is included in gain on sale / exchange of assets in the Statements of Consolidated Income. The gain on sale / exchange of assets includes a $28.0 million pre-tax gain related to the de-designation of certain derivative instruments that were previously designated as cash flow hedges because it was probable that the forecasted transactions would not occur. As of September 30, 2014, the gain on sale remained subject to final purchase price adjustments.
	As the asset exchange qualifies as a business combination under United States GAAP, the fair value of the acquired assets was determined using a discounted cash flow model under the market approach. Significant unobservable inputs used in the analysis included the determination of estimated developed reserves, NYMEX forward pricing and comparable sales transactions, which classify the acquired assets as a Level 3 measurement.

Recently_Issued_Accounting_Sta

Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. The standard requires an entity to recognize revenue in a manner that depicts the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 will replace most of the existing revenue recognition requirements in United States GAAP when it becomes effective. The guidance in ASU No. 2014-09 is effective for public entities for annual reporting periods beginning after December 15, 2016, including interim periods therein. Early adoption is not permitted. The Company is currently evaluating the method of adoption and impact this standard will have on its financial statements and related disclosures.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Summary of the components of discontinued operations activity	'
	The following table summarizes the components of discontinued operations activity:
		Three Months Ended September 30,				Nine Months Ended September 30,
		2014		2013		2014		2013
		(Thousands)
	Operating revenues	$	—	$	36,348	$	—	$	246,967
	Income from discontinued operations before income taxes	—		3,579		3,077		67,169
	Income tax expense	—		1,288		1,305		24,278
	Income from discontinued operations, net of tax	$	—	$	2,291	$	1,772	$	42,891

Financial_Information_by_Busin1

Financial Information by Business Segment (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of revenue from external customers and operating income (loss) and reconciliation to net income	'
	Substantially all of the Company’s operating revenues, income from operations and assets are generated or located in United States.
		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
		(Thousands)
	Revenues from external customers:
	EQT Production	$	363,126		$	304,231		$	1,152,971		$	860,874
	EQT Midstream	173,856			155,677			502,427			452,731
	Third-party transportation and processing costs (a)	48,561			34,316			144,622			104,884
	Less intersegment revenues, net (b)	(6,820		)	(14,618		)	(33,504		)	(49,907		)
	Total	$	578,723		$	479,606		$	1,766,516		$	1,368,582
	Operating income:
	EQT Production (c)	$	140,036		$	97,600		$	561,930		$	276,753
	EQT Midstream (c)	93,600			78,533			265,196			224,993
	Unallocated expenses (d)	(2,133		)	(9,069		)	(14,061		)	(28,223		)
	Total operating income	$	231,503		$	167,064		$	813,065		$	473,523
	Reconciliation of operating income to income from continuing operations:
	Other income	$	1,004		$	2,310		$	6,134		$	6,632
	Interest expense	35,717			35,554			99,558			110,690
	Income taxes	64,496			33,501			239,920			106,347
	Income from continuing operations	$	132,294		$	100,319		$	479,721		$	263,118
	(a)	This amount reflects the reclassification of third-party transportation and processing costs from operating revenues to transportation and processing costs at the consolidated level.
	(b)	Includes entries to eliminate intercompany natural gas sales from EQT Production to EQT Midstream. The Company also had $8.9 million and $28.9 million for the three and nine months ended September 30, 2013, respectively, of intercompany eliminations for transmission and storage services between EQT Midstream and the Company’s previously reported Distribution segment that were recast to discontinued operations as a result of the Equitable Gas Transaction. These recast adjustments had no impact on the Company’s net income for either of the three and nine month periods ended September 30, 2013.
	(c)	Gains on sales / exchanges of assets of $31.0 million and $6.8 million are included in EQT Production and EQT Midstream operating income, respectively, for the nine months ended September 30, 2014.
	(d)	Unallocated expenses consist primarily of incentive compensation expense, administrative costs and, for the three and nine months ended September 30, 2013, corporate overhead charges previously allocated to the Distribution segment that were reclassified to Headquarters as part of the recast of the 2013 financial information in this Quarterly Report on Form 10-Q.
Schedule of segment assets	'
		As of			As of
		September 30, 2014			December 31, 2013
		(Thousands)
	Segment assets:
	EQT Production	$	7,549,424		$	6,359,065
	EQT Midstream	2,609,926			2,514,429
	Total operating segments	10,159,350			8,873,494
	Headquarters assets, including cash and short-term investments	1,604,302			918,559
	Total assets	$	11,763,652		$	9,792,053
Schedule of depreciation, depletion and amortization and expenditures for segment assets	'
		Three Months Ended September 30,						Nine Months Ended September 30,
		2014			2013			2014			2013
		(Thousands)
	Depreciation, depletion and amortization:
	EQT Production	$	154,031		$	150,637		$	421,521		$	419,619
	EQT Midstream	21,709			18,930			63,848			55,601
	Other	(162		)	(94		)	(461		)	(238		)
	Total	$	175,578		$	169,473		$	484,908		$	474,982
	Expenditures for segment assets (e):
	EQT Production (f)	$	511,971		$	332,370		$	1,855,518		$	977,394
	EQT Midstream	136,589			111,593			333,813			254,205
	Other	805			942			2,167			3,162
	Total	$	649,365		$	444,905		$	2,191,498		$	1,234,761
	(e)     Includes non-cash capital expenditures of $25.0 million and $28.4 million for the three months ended September 30, 2014 and 2013, respectively, and $68.8 million and $39.0 million for the nine months ended September 30, 2014 and 2013, respectively, for certain labor overhead costs including a portion of non-cash stock-based compensation expense and non-cash capital expense accruals that have not yet been paid.
	(f)      Expenditures for segment assets in the EQT Production segment include $37.2 million and $20.5 million for property acquisitions during the three months ended September 30, 2014 and 2013, respectively, and $646.9 million and $162.1 million for property acquisitions during the nine months ended September 30, 2014 and 2013, respectively. Included within the $646.9 million of property acquisitions during the nine months ended September 30, 2014 is $159.0 million of cash capital expenditures and $353.1 million of non-cash capital expenditures for the exchange of assets with Range Resources Corporation (described in Note K).

Derivative_Instruments_Tables

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivatives designated and not designated as hedging instruments	'
	Settlements of derivative commodity instruments are reported as a component of cash flows from operations in the accompanying Statements of Condensed Consolidated Cash Flows.
		Three Months Ended September 30,							Nine Months Ended September 30,
		2014			2013				2014				2013
	Commodity derivatives designated as cash flow hedges	(Thousands)
	Amount of gain (loss) recognized in OCI (effective portion), net of tax	$	23,160		$	17,733			$	(29,489	)		$	38,561
	Amount of gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets due to forecasted transactions probable to not occur	—			—				16,735				—
	Amount of gain (loss) reclassified from accumulated OCI into operating revenues (effective portion), net of tax	5,340			26,020				(22,806		)		62,343
	Amount of gain (loss) recognized in operating revenues (ineffective portion) (a)	34,348			3,436				13,075				(4,518		)
	Interest rate derivatives designated as cash flow hedges
	Amount of loss reclassified from accumulated OCI, net of tax, into interest expense (effective portion)	$	(36	)	$	(36	)		$	(108	)		$	(108	)
	Commodity derivatives designated as fair value hedges (b)
	Amount of loss recognized in operating revenues for fair value commodity contracts	$	—		$	(502	)		$	—			$	(1,341	)
	Fair value (loss) gain recognized in operating revenues for inventory designated as hedged item	—			(76		)		—				386
	Derivatives not designated as hedging instruments
	Amount of gain (loss) recognized in operating revenues	$	1,821		$	(943	)		$	(16,058	)		$	307
	(a)   No amounts have been excluded from effectiveness testing of cash flow hedges.
	(b)   For the three months ended September 30, 2013, the net impact on operating revenues consisted of a $1.6 million loss due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.0 million gain due to changes in basis. For the nine months ended September 30, 2013, the net impact on operating revenues consisted of a $0.5 million gain due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.5 million loss due to changes in basis.
Asset and liability derivatives	'
		As of			As of
		September 30, 2014			December 31, 2013
		(Thousands)
	Asset derivatives
	Commodity derivatives designated as hedging instruments	$	61,332		$	104,430
	Commodity derivatives not designated as hedging instruments	40,210			3,217
	Total asset derivatives	$	101,542		$	107,647
	Liability derivatives
	Commodity derivatives designated as hedging instruments	$	9,146		$	27,618
	Commodity derivatives not designated as hedging instruments	19,662			2,033
	Total liability derivatives (included in other current liabilities)	$	28,808		$	29,651
Schedule of impact of netting agreements and margin deposits on gross derivative assets and liabilities	'
	The table below reflects the impact of netting agreements and margin deposits on gross derivative assets and liabilities as of September 30, 2014 and December 31, 2013.
	As of September 30, 2014		Derivative			Derivative				Margin				Derivative
			instruments,			instruments				deposits				instruments,
			recorded in the			subject to				remitted to				net
			Condensed			master				counterparties
			Consolidated			netting
			Balance			agreements
			Sheet, gross
			(Thousands)
	Asset derivatives:
	Derivative instruments, at fair value		$	101,542		$	(23,265	)		$	—			$	78,277
	Liability derivatives:
	Derivative instruments, at fair value (included in other current liabilities)		$	28,808		$	(23,265	)		$	(204	)		$	5,339
	As of December 31, 2013		Derivative			Derivative				Margin				Derivative
			instruments,			instruments				deposits				instruments,
			recorded in the			subject to				remitted to				net
			Condensed			master				counterparties
			Consolidated			netting
			Balance			agreements
			Sheet, gross
			(Thousands)
	Asset derivatives:
	Derivative instruments, at fair value		$	107,647		$	(20,843	)		$	—			$	86,804
	Liability derivatives:
	Derivative instruments, at fair value (included in other current liabilities)		$	29,651		$	(20,843	)		$	(266	)		$	8,542

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Derivative instrument assets and liabilities measured at fair value on a recurring basis	'
	The following assets and liabilities were measured at fair value on a recurring basis during the applicable period:
						Fair value measurements at reporting date using
	Description		As of			Quoted prices in			Significant			Significant
			September 30,			active markets for			other observable			unobservable
			2014			identical assets			inputs			inputs
						(Level 1)			(Level 2)			(Level 3)
			(Thousands)
	Assets
	Derivative instruments, at fair value		$	101,542		$	17		$	101,525		$	—
	Liabilities
	Derivative instruments, at fair value (included in other current liabilities)		$	28,808		$	6		$	28,802		$	—
						Fair value measurements at reporting date using
	Description		As of			Quoted prices in			Significant			Significant
			December 31, 2013			active markets for			other observable			unobservable
						identical assets			inputs			inputs
						(Level 1)			(Level 2)			(Level 3)
			(Thousands)
	Assets
	Derivative instruments, at fair value		$	107,647		$	240		$	107,407		$	—
	Liabilities
	Derivative instruments, at fair value (included in other current liabilities)		$	29,651		$	315		$	29,336		$	—
Fair value measurements using significant unobservable inputs (Level 3)	'
		Fair value measurements using significant
		unobservable inputs (Level 3)
		Derivative instruments, at fair value, net
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
		(Thousands)
	Beginning of period	$	—		$	74,688		$	—		$	90,714
	Total gains or losses:
	Included in earnings	—			414			—			(341		)
	Included in OCI	—			2,067			—			3,459
	Purchases	—			(79		)	—			(7		)
	Settlements	—			(8,769		)	—			(25,504		)
	Transfers in and/or out of Level 3	—			—			—			—
	End of period	$	—		$	68,321		$	—		$	68,321

Changes_in_Accumulated_Other_C1

Changes in Accumulated Other Comprehensive Income by Component (Tables)	9 Months Ended
	Sep. 30, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]	'
Schedule of the changes in accumulated OCI by component	'
	The following tables explain the changes in accumulated OCI by component during the applicable period:
		Three Months Ended September 30, 2014
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of July 1, 2014	$	20,461			$	(1,060	)		$	(15,512	)		$	3,889
	Gains recognized in accumulated OCI, net of tax	23,160			(a)	—				—				23,160
	(Gains) losses reclassified from accumulated OCI, net of tax	(5,340		)	(a)	36			(a)	175			(b)	(5,129		)
	Change in accumulated other comprehensive income, net of tax	17,820				36				175				18,031
	Accumulated OCI (loss), net of tax, as of September 30, 2014	$	38,281			$	(1,024	)		$	(15,337	)		$	21,920
		Three Months Ended September 30, 2013
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of July 1, 2013	$	122,693			$	(1,204	)		$	(36,496	)		$	84,993
	Gains recognized in accumulated OCI, net of tax	17,733			(a)	—				—				17,733
	(Gains) losses reclassified from accumulated OCI, net of tax	(26,020		)	(a)	36			(a)	433			(b)	(25,551		)
	Change in accumulated other comprehensive (loss) income, net of tax	(8,287		)		36				433				(7,818		)
	Accumulated OCI (loss), net of tax, as of September 30, 2013	$	114,406			$	(1,168	)		$	(36,063	)		$	77,175
	(a)   See Note E for additional information.
	(b)   This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans.  See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.
		Nine Months Ended September 30, 2014
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of January 1, 2014	$	61,699			$	(1,132	)		$	(15,864	)		$	44,703
	Losses recognized in accumulated OCI, net of tax	(29,489		)	(a)	—				—				(29,489		)
	Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	(16,735		)	(a)	—				—				(16,735		)
	Losses reclassified from accumulated OCI, net of tax	22,806			(a)	108			(a)	527			(b)	23,441
	Change in accumulated other comprehensive (loss) income, net of tax	(23,418		)		108				527				(22,783		)
	Accumulated OCI (loss), net of tax, as of September 30, 2014	$	38,281			$	(1,024	)		$	(15,337	)		$	21,920
		Nine Months Ended September 30, 2013
		Natural gas cash				Interest rate				Pension and				Accumulated
		flow hedges, net				cash flow				other post-				OCI (loss), net
		of tax				hedges, net				retirement				of tax
						of tax				benefits liability
										adjustment,
										net of tax
		(Thousands)
	Accumulated OCI (loss), net of tax, as of January 1, 2013	$	138,188			$	(1,276	)		$	(37,365	)		$	99,547
	Gains recognized in accumulated OCI, net of tax	38,561			(a)	—				—				38,561
	(Gains) losses reclassified from accumulated OCI, net of tax	(62,343		)	(a)	108			(a)	1,302			(b)	(60,933		)
	Change in accumulated other comprehensive (loss) income, net of tax	(23,782		)		108				1,302				(22,372		)
	Accumulated OCI (loss), net of tax, as of September 30, 2013	$	114,406			$	(1,168	)		$	(36,063	)		$	77,175
	(a)   See Note E for additional information.
	(b)   This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans.  See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014	Sep. 30, 2014
					Equitable Gas and Homeworks	Equitable Gas and Homeworks
Discontinued operations	'	'	'	'	'	'
Additional cash proceeds as a result of post-closing purchase price adjustments	'	'	'	'	$7,400,000	'
Additional gain on sale of business	'	'	'	'	'	3,600,000
Cash proceeds received	'	'	'	'	'	748,000,000
Fair value of assets	'	'	'	'	'	140,300,000
Fair value of other contractual assets	'	'	'	'	'	32,500,000
Summary of the discontinued operations activity	'	'	'	'	'	'
Operating revenues	0	36,348,000	0	246,967,000	'	'
Income from discontinued operations before income taxes	0	3,579,000	3,077,000	67,169,000	'	'
Income tax expense	0	1,288,000	1,305,000	24,278,000	'	'
Income from discontinued operations, net of tax	$0	$2,291,000	$1,772,000	$42,891,000	'	'

EQT_Midstream_Partners_LP_Deta

EQT Midstream Partners, LP (Details) (USD $)

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

7-May-14

Sep. 30, 2014

Sep. 30, 2014

7-May-14

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

EQT Midstream Partners

EQT Midstream Partners

EQT Midstream Partners

EQT Midstream Partners

EQT Midstream Partners

EQT Midstream Partners

Range Resources Corporation

Senior Notes

Sunrise

Subsidiary or equity method investee

'

'

'

'

'

'

'

'

'

'

'

'

Exchange amount

'

'

'

'

'

$1,180,000,000

'

'

'

'

'

'

Number of common units issued to the public in an offering (in shares)

'

'

'

'

'

12,362,500

'

'

'

'

'

'

Proceeds from offerings, net of underwriters' discount and estimated offering expenses

'

'

902,467,000

529,442,000

'

902,500,000

'

'

'

'

'

'

Offering expenses

'

'

'

'

'

'

'

'

34,000,000

'

'

'

General partner's interest

'

'

'

'

'

'

'

2.00%

'

'

'

'

Limited partner's interest

'

'

'

'

'

'

'

34.40%

'

'

'

'

Common units (in shares)

'

'

'

'

'

'

3,959,952

3,959,952

'

'

'

'

Subordinated units (in shares)

'

'

'

'

'

'

17,339,718

17,339,718

'

'

'

'

Taxable gain for federal income tax purposes recognized

'

'

'

'

'

'

'

569,300,000

'

'

'

'

Amount placed into a qualified trust account

338,561,000

'

338,561,000

'

0

'

'

'

500,000,000

'

'

'

Funds utilized in connection with the exchange of certain assets

649,365,000

[1]

444,905,000

[1]

2,191,498,000

[1]

1,234,761,000

[1]

'

'

'

'

'

'

'

161,500,000

Interest rate

'

'

'

'

'

'

'

'

'

4.00%

'

'

Face amount

'

'

'

'

'

'

'

'

'

500,000,000

'

'

Net proceeds

'

'

'

'

'

'

'

'

'

492,400,000

'

'

Debt Instrument, Unamortized Discount

'

'

'

'

'

'

'

'

'

2,900,000

'

'

Debt Issuance Cost

'

'

'

'

'

'

4,700,000

'

'

'

'

'

Cash received

'

'

'

'

'

'

'

'

'

'

$507,500,000

'

Common units issued

'

'

'

'

'

'

'

'

'

'

479,184

'

General partner units issued

'

'

'

'

'

'

'

'

'

'

267,942

'

[1]

Includes non-cash capital expenditures of $25.0 million and $28.4 million for the three months ended September 30, 2014 and 2013, respectively, and $68.8 million and $39.0 million for the nine months ended September 30, 2014 and 2013, respectively, for certain labor overhead costs including a portion of non-cash stock-based compensation expense and non-cash capital expense accruals that have not yet been paid.

Financial_Information_by_Busin2

Financial Information by Business Segment - Schedule of Revenue from External Customers and Operating Income (Details) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
					Segment
Operating segments information	'		'		'		'
Number of operating segments	'		'		2		'
Revenues from external customers	$578,723,000		$479,606,000		$1,766,516,000		$1,368,582,000
Operating income	231,503,000		167,064,000		813,065,000		473,523,000
Reconciliation of operating income to income from continuing operations:	'		'		'		'
Other income	1,004,000		2,310,000		6,134,000		6,632,000
Interest expense	35,717,000		35,554,000		99,558,000		110,690,000
Income taxes	64,496,000		33,501,000		239,920,000		106,347,000
Income from continuing operations	132,294,000		100,319,000		479,721,000		263,118,000
Operating Segments | EQT Production	'		'		'		'
Operating segments information	'		'		'		'
Revenues from external customers	363,126,000		304,231,000		1,152,971,000		860,874,000
Operating income	140,036,000	[1]	97,600,000	[1]	561,930,000	[1]	276,753,000	[1]
Reconciliation of operating income to income from continuing operations:	'		'		'		'
Gain on sale / exchange of assets	'		'		31,000,000		'
Operating Segments | EQT Midstream	'		'		'		'
Operating segments information	'		'		'		'
Revenues from external customers	173,856,000		155,677,000		502,427,000		452,731,000
Operating income	93,600,000	[1]	78,533,000	[1]	265,196,000	[1]	224,993,000	[1]
Reconciliation of operating income to income from continuing operations:	'		'		'		'
Gain on sale / exchange of assets	'		'		6,800,000		'
Third-party transportation and processing costs	'		'		'		'
Operating segments information	'		'		'		'
Revenues from external customers	48,561,000	[2]	34,316,000	[2]	144,622,000	[2]	104,884,000	[2]
Less intersegment revenues, net	'		'		'		'
Operating segments information	'		'		'		'
Revenues from external customers	-6,820,000	[3]	-14,618,000	[3]	-33,504,000	[3]	-49,907,000	[3]
Less intersegment revenues, net | EQT Midstream	'		'		'		'
Reconciliation of operating income to income from continuing operations:	'		'		'		'
Intercompany eliminations for transmission and storage services	'		8,900,000		'		28,900,000
Unallocated expenses	'		'		'		'
Operating segments information	'		'		'		'
Operating income	($2,133,000)	[4]	($9,069,000)	[4]	($14,061,000)	[4]	($28,223,000)	[4]
[1]	Gains on sales / exchanges of assets of $31.0 million and $6.8 million are included in EQT Production and EQT Midstream operating income, respectively, for the nine months ended September 30, 2014.
[2]	This amount reflects the reclassification of third-party transportation and processing costs from operating revenues to transportation and processing costs at the consolidated level.
[3]	Includes entries to eliminate intercompany natural gas sales from EQT Production to EQT Midstream. The Company also had $8.9 million and $28.9 million for the three and nine months ended September 30, 2013, respectively, of intercompany eliminations for transmission and storage services between EQT Midstream and the Company’s previously reported Distribution segment that were recast to discontinued operations as a result of the Equitable Gas Transaction. These recast adjustments had no impact on the Company’s net income for either of the three and nine month periods ended September 30, 2013.
[4]	Unallocated expenses consist primarily of incentive compensation expense, administrative costs and, for the three and nine months ended September 30, 2013, corporate overhead charges previously allocated to the Distribution segment that were reclassified to Headquarters as part of the recast of the 2013 financial information in this Quarterly Report on Form 10-Q.

Financial_Information_by_Busin3

Financial Information by Business Segment - Schedule of Segment Assets (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Operating segments information	'	'
Total assets	$11,763,652	$9,792,053
Operating Segments	'	'
Operating segments information	'	'
Total assets	10,159,350	8,873,494
Operating Segments | EQT Production	'	'
Operating segments information	'	'
Total assets	7,549,424	6,359,065
Operating Segments | EQT Midstream	'	'
Operating segments information	'	'
Total assets	2,609,926	2,514,429
Headquarters assets, including cash and short-term investments	'	'
Operating segments information	'	'
Total assets	$1,604,302	$918,559

Financial_Information_by_Busin4

Financial Information by Business Segment - Schedule of Depreciation, Amortization, and Expenditures (Details) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Operating segments information	'		'		'		'
Depreciation, depletion and amortization	$175,578,000		$169,473,000		$484,908,000		$474,982,000
Payments to acquire productive assets	649,365,000	[1]	444,905,000	[1]	2,191,498,000	[1]	1,234,761,000	[1]
Asset expenditures incurred not paid	25,000,000		28,400,000		68,800,000		39,000,000
Payments to acquire property, plant, and equipment	'		'		163,251,000		0
Operating Segments | EQT Production	'		'		'		'
Operating segments information	'		'		'		'
Depreciation, depletion and amortization	154,031,000		150,637,000		421,521,000		419,619,000
Payments to acquire productive assets	511,971,000	[1],[2]	332,370,000	[1],[2]	1,855,518,000	[1],[2]	977,394,000	[1],[2]
Asset expenditures incurred not paid	'		'		353,100,000		'
Payments to acquire property, plant, and equipment	37,200,000		20,500,000		646,900,000		162,100,000
Operating Segments | EQT Midstream	'		'		'		'
Operating segments information	'		'		'		'
Depreciation, depletion and amortization	21,709,000		18,930,000		63,848,000		55,601,000
Payments to acquire productive assets	136,589,000	[1]	111,593,000	[1]	333,813,000	[1]	254,205,000	[1]
Other	'		'		'		'
Operating segments information	'		'		'		'
Depreciation, depletion and amortization	-162,000		-94,000		-461,000		-238,000
Payments to acquire productive assets	805,000	[1]	942,000	[1]	2,167,000	[1]	3,162,000	[1]
Range Resources Corporation	'		'		'		'
Operating segments information	'		'		'		'
Payments to acquire productive assets	'		'		161,500,000		'
Range Resources Corporation | EQT Production	'		'		'		'
Operating segments information	'		'		'		'
Payments to acquire oil and gas property	'		'		$159,000,000		'
[1]	Includes non-cash capital expenditures of $25.0 million and $28.4 million for the three months ended September 30, 2014 and 2013, respectively, and $68.8 million and $39.0 million for the nine months ended September 30, 2014 and 2013, respectively, for certain labor overhead costs including a portion of non-cash stock-based compensation expense and non-cash capital expense accruals that have not yet been paid.
[2]	Expenditures for segment assets in the EQT Production segment include $37.2 million and $20.5 million for property acquisitions during the three months ended September 30, 2014 and 2013, respectively, and $646.9 million and $162.1 million for property acquisitions during the nine months ended September 30, 2014 and 2013, respectively. Included within the $646.9 million of property acquisitions during the nine months ended September 30, 2014 is $159.0 million of cash capital expenditures and $353.1 million of non-cash capital expenditures for the exchange of assets with Range Resources Corporation (described in Note K).

Derivative_Instruments_Narrati

Derivative Instruments - Narrative (Details) (USD $)	0 Months Ended	9 Months Ended				3 Months Ended	9 Months Ended	12 Months Ended
	Jun. 16, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013
				Commodity Derivatives	Commodity Derivatives	Cash Flow Hedging	Cash Flow Hedging	Cash Flow Hedging
						Commodity Derivatives	Commodity Derivatives	Commodity Derivatives
						MMBTU	MMcf	MMcf
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'	'	'	'	'
Derivative, Nonmonetary Notional Amount, Energy Measure	'	'	'	'	'	50,000	'	'
Amount of daily swaptions granted in exchange for collars (in dth)	'	'	'	'	'	'	353,000	398,000
Pre-tax gain on de-designation of derivative instruments	$28,000,000	$28,000,000	'	'	'	'	'	'
Absolute quantities of derivative commodity instruments that have been designated and qualify as cash flow or fair value hedges (in Bcf)	'	'	'	'	'	'	353,000	398,000
Deferred net gains in accumulated other comprehensive income (loss), net of tax	'	38,300,000	61,700,000	'	'	'	'	'
Net unrealized gains on derivative commodity instruments	'	23,700,000	'	'	'	'	'	'
Margin deposits with brokers	'	200,000	300,000	'	0	'	'	'
Maximum additional collateral as percentage of derivative liability	'	100.00%	'	'	'	'	'	'
Derivative, net liability position, aggregate fair value	'	'	'	6,800,000	'	'	'	'
Collateral posted	'	$600,000	'	'	'	'	'	'

Derivative_Instruments_Designa

Derivative Instruments - Designated and Not Designated as Hedging Instruments (Details) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Commodity derivatives designated as cash flow hedges	'		'		'		'
Amount of gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets due to forecasted transactions probable to not occur	'		'		($16,735,000)		'
Derivatives not designated as hedging instruments	'		'		'		'
Amount of gain (loss) recognized in operating revenues	'		'		-16,058,000		307,000
Not Designated as Hedging Instrument	'		'		'		'
Derivatives not designated as hedging instruments	'		'		'		'
Amount of gain (loss) recognized in operating revenues	1,821,000		-943,000		-16,058,000		307,000
Cash Flow Hedging | Commodity Derivatives	'		'		'		'
Commodity derivatives designated as cash flow hedges	'		'		'		'
Amount of gain (loss) recognized in OCI (effective portion), net of tax	23,160,000		17,733,000		-29,489,000		38,561,000
Amount of gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets due to forecasted transactions probable to not occur	0		0		16,735,000		0
Amount of gain (loss) reclassified from accumulated OCI into operating revenues (effective portion), net of tax	5,340,000		26,020,000		-22,806,000		62,343,000
Amount of gain (loss) recognized in operating revenues (ineffective portion)	34,348,000	[1]	3,436,000	[1]	13,075,000	[1]	-4,518,000	[1]
Interest rate derivatives designated as cash flow hedges	'		'		'		'
Amount of loss reclassified from accumulated OCI, net of tax, into interest expense (effective portion)	5,340,000		26,020,000		-22,806,000		62,343,000
Commodity derivatives designated as fair value hedges [Abstract]	'		'		'		'
Amount of loss recognized in operating revenues for fair value commodity contracts	0	[2]	-502,000	[2]	0	[2]	-1,341,000	[2]
Fair value (loss) gain recognized in operating revenues for inventory designated as hedged item	0	[2]	-76,000	[2]	0	[2]	386,000	[2]
Cash Flow Hedging | Interest Rate Contract	'		'		'		'
Commodity derivatives designated as cash flow hedges	'		'		'		'
Amount of gain (loss) reclassified from accumulated OCI into operating revenues (effective portion), net of tax	-36,000		-36,000		-108,000		-108,000
Interest rate derivatives designated as cash flow hedges	'		'		'		'
Amount of loss reclassified from accumulated OCI, net of tax, into interest expense (effective portion)	-36,000		-36,000		-108,000		-108,000
Fair Value Hedging | Commodity Derivatives	'		'		'		'
Derivatives not designated as hedging instruments	'		'		'		'
Amount of gain (loss) recognized in income due to exclusion of the spot/forward differential from the assessment of effectiveness of fair value hedges	'		-1,600,000		'		500,000
Amount of gain (loss) recognized in income due to changes in basis	'		$1,000,000		'		($1,500,000)
[1]	No amounts have been excluded from effectiveness testing of cash flow hedges.
[2]	For the three months ended September 30, 2013, the net impact on operating revenues consisted of a $1.6 million loss due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.0 million gain due to changes in basis. For the nine months ended September 30, 2013, the net impact on operating revenues consisted of a $0.5 million gain due to the exclusion of the spot/forward differential from the assessment of effectiveness of the fair value hedges and a $1.5 million loss due to changes in basis.

Derivative_Instruments_Asset_a

Derivative Instruments - Asset and Liability Derivatives (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Asset and liability derivatives	'	'
Asset derivatives	$101,542	$107,647
Commodity Derivatives	'	'
Asset and liability derivatives	'	'
Asset derivatives	101,542	107,647
Liability derivatives	28,808	29,651
Designated as Hedging Instrument | Commodity Derivatives	'	'
Asset and liability derivatives	'	'
Asset derivatives	61,332	104,430
Liability derivatives	9,146	27,618
Not Designated as Hedging Instrument | Commodity Derivatives	'	'
Asset and liability derivatives	'	'
Asset derivatives	40,210	3,217
Liability derivatives	$19,662	$2,033

Derivative_Instruments_Impact_

Derivative Instruments - Impact of Netting Agreements and Margin Deposits (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Asset derivatives:	'	'
Derivative instruments, at fair value	$101,542	$107,647
Margin deposits received (remitted to) counterparties	200	300
Commodity Derivatives	'	'
Asset derivatives:	'	'
Derivative instruments, at fair value	101,542	107,647
Derivative instruments subject to master netting agreements	-23,265	-20,843
Margin deposits received (remitted to) counterparties	'	0
Derivative instruments, net	78,277	86,804
Liability derivatives:	'	'
Derivative instruments, at fair value	28,808	29,651
Derivative instruments subject to master netting agreements	-23,265	-20,843
Margin Deposit, Liabilities	-204	-266
Derivative instruments, net	$5,339	$8,542

Fair_Value_Measurements_Deriva

Fair Value Measurements - Derivative Instrument Assets and Liabilities Measured at Fair Value (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Fair value assets and liabilities measured on a recurring basis	'	'
Fair value derivative instruments Level 3 to Level 2 Transfers Amount	'	$54,400,000
Fair Value on a Recurring Basis | Fair Value	'	'
Assets	'	'
Derivative instruments, at fair value	101,542,000	107,647,000
Liabilities	'	'
Derivative instruments, at fair value	28,808,000	29,651,000
Fair Value on a Recurring Basis | Quoted prices in active markets for identical assets (Level 1)	'	'
Assets	'	'
Derivative instruments, at fair value	17,000	240,000
Liabilities	'	'
Derivative instruments, at fair value	6,000	315,000
Fair Value on a Recurring Basis | Significant other observable inputs (Level 2)	'	'
Assets	'	'
Derivative instruments, at fair value	101,525,000	107,407,000
Liabilities	'	'
Derivative instruments, at fair value	28,802,000	29,336,000
Fair Value on a Recurring Basis | Significant unobservable inputs (Level 3)	'	'
Assets	'	'
Derivative instruments, at fair value	0	0
Liabilities	'	'
Derivative instruments, at fair value	$0	$0

Fair_Value_Measurements_Fair_V

Fair Value Measurements - Fair Value Measurements Using Significant Unobservable Inputs (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			Derivative instruments, at fair value, net	Derivative instruments, at fair value, net	Derivative instruments, at fair value, net	Derivative instruments, at fair value, net
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation	'	'	'	'	'	'
Beginning of period	'	'	$0	$74,688,000	$0	$90,714,000
Total gains or losses:	'	'	'	'	'	'
Included in earnings	'	'	0	414,000	0	-341,000
Included in OCI	'	'	0	2,067,000	0	3,459,000
Purchases	'	'	0	-79,000	0	-7,000
Settlements	'	'	0	-8,769,000	0	-25,504,000
Transfers in and/or out of Level 3	'	'	0	0	0	0
End of period	'	'	0	68,321,000	0	68,321,000
Unrealized gains and losses included in earnings	'	'	'	400,000	'	-800,000
Estimated fair value of long-term debt	$3,300,000,000	$2,800,000,000	'	'	'	'

Income_Taxes_Income_Taxes_Deta

Income Taxes Income Taxes (Details)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'	'
Effective tax rate (as a percent)	33.30%	28.80%

Revolving_Credit_Facilities_De

Revolving Credit Facilities (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Line of Credit Facility	'	'	'	'	'
Letter of credit outstanding amount at the end of period	$0	'	$0	'	$0
Maximum amount of outstanding short-term loans at any time during the period	'	140.5	'	178.5	'
Average daily balance of short-term loans outstanding during the period	'	21.5	'	16.1	'
Weighted average interest rates of average daily balance of short-term loans (as a percent)	'	1.61%	'	1.65%	'
Commitment fee paid to maintain credit facility (as a percent)	0.06%	0.06%	0.17%	0.18%	'
EQT Midstream Partners	'	'	'	'	'
Line of Credit Facility	'	'	'	'	'
Letter of credit outstanding amount at the end of period	0	'	0	'	0
Maximum amount of outstanding short-term loans at any time during the period	330	'	450	'	'
Average daily balance of short-term loans outstanding during the period	$132.70	$0	$159.40	$0	'
Weighted average interest rates of average daily balance of short-term loans (as a percent)	1.66%	'	1.67%	'	'
Commitment fee paid to maintain credit facility (as a percent)	0.06%	0.06%	0.18%	0.19%	'

Earnings_Per_Share_Details

Earnings Per Share (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Potentially dilutive securities:	'	'	'	'
Stock options and awards (in shares)	772,873	984,388	935,027	856,112
Options to purchase common stock excluded from potentially dilutive securities (in shares)	0	0	0	0

Changes_in_Accumulated_Other_C2

Changes in Accumulated Other Comprehensive Income by Component (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Changes in accumulated other comprehensive income (loss)	'		'		'		'
Balance at the beginning of the period	$3,889		$84,993		$44,703		$99,547
Gains (losses) recognized in accumulated OCI, net of tax	23,160		17,733		-29,489		38,561
Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	'		'		-16,735		'
(Gains) losses reclassified from accumulated OCI, net of tax	-5,129		-25,551		23,441		-60,933
Other comprehensive income (loss)	18,031		-7,818		-22,783		-22,372
Balance at the end of the period	21,920		77,175		21,920		77,175
Cash flow hedge, net of tax | Natural gas	'		'		'		'
Changes in accumulated other comprehensive income (loss)	'		'		'		'
Balance at the beginning of the period	20,461		122,693		61,699		138,188
Gains (losses) recognized in accumulated OCI, net of tax	23,160	[1]	17,733	[1]	-29,489	[1]	38,561	[1]
Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	'		'		-16,735	[1]	'
(Gains) losses reclassified from accumulated OCI, net of tax	-5,340	[1]	-26,020	[1]	22,806	[1]	-62,343	[1]
Other comprehensive income (loss)	17,820		-8,287		-23,418		-23,782
Balance at the end of the period	38,281		114,406		38,281		114,406
Cash flow hedge, net of tax | Interest rate	'		'		'		'
Changes in accumulated other comprehensive income (loss)	'		'		'		'
Balance at the beginning of the period	-1,060		-1,204		-1,132		-1,276
Gains (losses) recognized in accumulated OCI, net of tax	0		0		0		0
Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	'		'		0		'
(Gains) losses reclassified from accumulated OCI, net of tax	36	[1]	36	[1]	108	[1]	108	[1]
Other comprehensive income (loss)	36		36		108		108
Balance at the end of the period	-1,024		-1,168		-1,024		-1,168
Pension and other post-retirement benefits liability adjustment, net of tax	'		'		'		'
Changes in accumulated other comprehensive income (loss)	'		'		'		'
Balance at the beginning of the period	-15,512		-36,496		-15,864		-37,365
Gains (losses) recognized in accumulated OCI, net of tax	0		0		0		0
Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets	'		'		0		'
(Gains) losses reclassified from accumulated OCI, net of tax	175	[2]	433	[2]	527	[2]	1,302	[2]
Other comprehensive income (loss)	175		433		527		1,302
Balance at the end of the period	($15,337)		($36,063)		($15,337)		($36,063)
[1]	See Note E for additional information.
[2]	This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans. See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.

Sale_and_Exchange_of_Propertie1

Sale and Exchange of Properties (Details) (USD $)	0 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Jun. 16, 2014	Sep. 30, 2014
Exchange of Properties	'	'
Pre-tax gain on de-designation of derivative instruments	$28	$28
Nora Gathering, LLC	'	'
Exchange of Properties	'	'
Ownership percentage	50.00%	'
Range Resources Corporation	'	'
Exchange of Properties	'	'
Approximate area of acquisition (in acres)	73,000	'
Number of producing wells acquired	900	'
Area of property transferred under the asset exchange agreement (in acres)	138,000	'
Number of producing wells transferred under the asset exchange agreement	2,000	'
Ownership interest transferred	50.00%	'
Fair value of the consideration acquired	'	1.8
Pre-tax gain recorded	37.7	'
EQT Production | Range Resources Corporation	'	'
Exchange of Properties	'	'
Amount of cash, subject to certain post-closing adjustments	'	159
Acreage | Range Resources Corporation	'	'
Exchange of Properties	'	'
Fair value of the consideration acquired	318.3	'
Wells | Range Resources Corporation	'	'
Exchange of Properties	'	'
Fair value of the consideration acquired	$193.80	'