EQT “Loses” $1.6B on Derivatives in 3Q – $5.5B Loss YTD
EQT Corporation filed a Form 8-K on Tuesday with the Securities and Exchange Commission to let regulators (and investors) know that the company has lost money on derivatives. EQT told regulators that (on paper), the company lost $1.627 billion on derivatives during the third quarter of 2022, and has lost a total of $5.55 billion in total for the first nine months (quarters 1-3) of this year. But does that mean EQT has actually paid that much money out of pocket?
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