8-KEarnings & Results

EQT Corp 8-K Report, Financial Results (Oct 21, 2004)

Filed October 21, 2004For Securities:EQT

Summary

Equitable Resources, Inc. (EQT) filed an 8-K on October 21, 2004, to report its third quarter 2004 earnings, as detailed in an attached press release (Exhibit 99.1). This filing primarily serves to furnish the press release containing the company's financial results and operational highlights for the quarter. Investors should note that while the press release provides GAAP figures, it also includes non-GAAP segment financial information that management believes offers a clearer view of each segment's performance by excluding corporate allocations of interest and income taxes. The inclusion of non-GAAP measures is a key aspect of this filing, as management utilizes these figures for internal planning and considers them valuable for investors seeking to understand segment-level trends. While the report itself does not contain extensive new disclosures beyond the press release, it directs investors to the furnished document for detailed financial performance and segment-specific insights for the third quarter of 2004.

Key Highlights

  • 1EQT filed an 8-K on October 21, 2004, to report Q3 2004 earnings.
  • 2The filing includes a press release (Exhibit 99.1) detailing the company's third quarter financial results.
  • 3The press release provides financial information in accordance with GAAP.
  • 4EQT also presents non-GAAP segment-related financial information in the press release.
  • 5Management believes non-GAAP segment data offers clearer insights into individual segment performance.
  • 6Non-GAAP measures are used by management for budget planning and are provided for investor benefit.
  • 7Information furnished under Item 2.02 is not considered 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to report Equitable Resources, Inc.'s (EQT) third quarter 2004 earnings and financial condition. It primarily serves to furnish a press release containing these results.

The press release includes financial results prepared in accordance with Generally Accepted Accounting Principles (GAAP). It also provides additional non-GAAP segment-related financial information.

EQT's management believes that the non-GAAP segment information provides a more useful view of the financial condition, operations, and trends of each segment, free from the effects of corporate allocations of interest and income taxes. They also use these measures for budget planning and believe they are beneficial to investors.

No, the information furnished in this Form 8-K and Exhibit 99.1 is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into any future filings under the Securities Act of 1933.