Summary
This Form 8-K/A filing by EQT Corporation serves as an amendment to a previous 8-K filed on July 23, 2015. The primary purpose of this amendment is to correct an error in the calculation of a non-GAAP financial measure, specifically "adjusted operating cash flow attributable to EQT," for the second quarter and first six months of 2015. The originally reported adjusted operating cash flow for the second quarter of $80.7 million has been revised upwards to a correct figure of $157.3 million.
Key Highlights
- 1EQT Corporation is filing an amendment to a prior 8-K filing dated July 23, 2015.
- 2The amendment corrects an error in the reported second quarter 2015 earnings release.
- 3The error pertains to the non-GAAP financial measure 'adjusted operating cash flow attributable to EQT'.
- 4The reported adjusted operating cash flow for Q2 2015 was corrected from $80.7 million to $157.3 million.
- 5The correction impacts both the three-month and six-month periods ended June 30, 2015.
- 6EQT has revised the first paragraph and the non-GAAP reconciliation table in the corrected news release.
Frequently Asked Questions
This filing is an amendment to correct a miscalculation of a non-GAAP financial measure, 'adjusted operating cash flow attributable to EQT,' that was included in EQT's second quarter 2015 earnings release.
The adjusted operating cash flow attributable to EQT for the second quarter of 2015 was corrected. It was initially reported as $80.7 million and has been revised to $157.3 million.
Yes, the correction also impacts the reported adjusted operating cash flow for the six-month period ended June 30, 2015.
The corrected news release, which includes the revised financial information and reconciliation, is attached as Exhibit 99.1 to this Form 8-K filing.