Reports Q4 revenue $1.712B, consensus $1.43B. President and CEO Toby Z. Rice stated, "EQT achieved an impressive suite of milestones in 2022 across all aspects of our business. We generated significant free cash flow, materially improved our balance sheet and returned meaningful capital to shareholders via our base dividend and share repurchases. Our 2022 reserve report underscores the consistency and repeatability of our large-scale combo development approach and highlights the tremendous value potential at EQT with an after-tax PV-10 of $40B. We also completed our pneumatic device replacement program a full year ahead of schedule and at a cost of approximately $6 per metric ton of CO2e abated, which materially de-risks our path to net zero by 2025."
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