EQT Corporation (EQT)

NYSE: EQT · IEX Real-Time Price · USD
36.96
+0.27 (0.74%)
At close: Jul 2, 2024, 4:00 PM
37.10
+0.14 (0.38%)
After-hours: Jul 2, 2024, 7:26 PM EDT
0.74%
Market Cap 16.32B
Revenue (ttm) 5.66B
Net Income (ttm) 620.17M
Shares Out 441.59M
EPS (ttm) 1.39
PE Ratio 26.59
Forward PE 21.21
Dividend $0.63 (1.71%)
Ex-Dividend Date May 7, 2024
Volume 5,482,722
Open 36.97
Previous Close 36.69
Day's Range 36.59 - 37.43
52-Week Range 32.07 - 45.23
Beta 1.07
Analysts Buy
Price Target 44.89 (+21.46%)
Earnings Date Jul 23, 2024

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania. [Read more]

Sector Energy
Founded 1925
Employees 881
Stock Exchange NYSE
Ticker Symbol EQT
Full Company Profile

Financial Performance

In 2023, EQT's revenue was $6.91 billion, a decrease of -7.85% compared to the previous year's $7.50 billion. Earnings were $1.74 billion, a decrease of -2.02%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $44.89, which is an increase of 21.46% from the latest price.

Price Target
$44.89
(21.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

EQT Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call

PITTSBURGH , July 1, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its second quarter financial and operating results news release after market close on Tuesday, July 23, 2024, and w...

1 day ago - PRNewsWire

EQT Releases 2023 Environmental, Social and Governance Report

Company Continues to Play Leading Role in World's Energy Evolution PITTSBURGH , June 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), a leading independent natural gas production company, today a...

7 days ago - PRNewsWire

Equitrans and EQT Announce Deadline for Equitrans Preferred Stock Election

CANONSBURG & PITTSBURGH, Pa.--(BUSINESS WIRE)--Equitrans Midstream and EQT Announce Deadline for Equitrans Preferred Stock Election.

Other symbols: ETRN
8 days ago - Business Wire

EQT CEO Toby Rice on the state of natural gas market

EQT CEO Toby Rice joins CNBC's 'Money Movers' to discuss natural gas, outlook on summer temperatures, artificial intelligence, and more.

6 weeks ago - CNBC Television

EQUITRANS MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Equitrans Midstream Corporation - ETRN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Equitrans Midstr...

Other symbols: ETRN
7 weeks ago - Business Wire

AI could drive a natural gas boom as power companies face surging electricity demand

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

Other symbols: DDUKKMISO
2 months ago - CNBC

EQT snaps up API and identity management software company WSO2 for more than $600M

WSO2, a company that provides API and identity management services for enterprises, has been acquired by EQT for more than $600M.

2 months ago - TechCrunch

EQT to Acquire WSO2

Acquisition will enable accelerated investment in innovative technology for digital transformation Acquisition will enable accelerated investment in innovative technology for digital transformation

2 months ago - GlobeNewsWire

T-Mobile to invest $950 mln in venture with EQT to buy fiber optic network provider Lumos

Wireless carrier T-Mobile US expects to invest about $950 million for a 50% stake in a joint venture with Swedish investment firm EQT's fund that will buy fiber optic network provider Lumos, the compa...

Other symbols: TMUS
2 months ago - Reuters

Natural gas market looks oversupplied right now, says EQT CEO Toby Rice

Toby Rice, EQT CEO, joins 'Money Movers' to discuss the company's demand expectations for the year, how much AI is fueling power demand, and more.

2 months ago - CNBC Television

EQT Reports First Quarter 2024 Results

PITTSBURGH , April 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter of 2024. First Quarter  2024 and Recent Highlights: Net ...

2 months ago - PRNewsWire

EQT Declares Quarterly Cash Dividend

PITTSBURGH , April 17, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on June 1, 2024, to...

2 months ago - PRNewsWire

Equitrans Midstream Schedules First Quarter 2024 Earnings Release Date

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its first quarter 2024 earnings information on April 30, 2024. On March 11, 2024, ETRN announced that it has...

Other symbols: ETRN
2 months ago - Business Wire

EQT to sell some natgas assets in northeast Pennsylvania to Equinor USA

EQT said on Monday it would sell 40% interest in its non-operated natural gas assets in northeast Pennsylvania to Equinor USA Onshore Properties for $500 million in cash and some assets.

Other symbols: EQNR
2 months ago - Reuters

EQT Announces Non-Operated Asset Transaction with Equinor

PITTSBURGH , April 15, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undi...

2 months ago - PRNewsWire

EQT Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

PITTSBURGH, April 8, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its first quarter financial and operating results news release after market close on Tuesday, April 23, 2024, and w...

3 months ago - PRNewsWire

EQT CEO: We need to fix energy grid if we want to fuel the AI boom

EQT CEO Toby Rice joins 'Squawk on the Street' to discuss whether there's a great crisis for energy in the U.S., if the U.S. has been delinquent in energy production, and more.

3 months ago - CNBC Television

EQT CEO Toby Rice talks multibillion-dollar acquisition of Equitrans Midstream

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

Other symbols: ETRN
4 months ago - CNBC Television

Three-Stock Lunch: Meta, EQT & Valmont industries

Michael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Meta, EQT and Valmont industries.

Other symbols: METAVMI
4 months ago - CNBC Television

EQT Buys Equitrans Midstream To Expand Its Natural Gas Operations

EQT Corp. (EQT) was the worst-performing stock in the S&P 500 midday Monday after the natural gas producer announced it was buying midstream infrastructure provider Equitrans Midstream Corp. (ETRN) fo...

Other symbols: ETRN
4 months ago - Investopedia

EQT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of EQT Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of EQT Corporation (NYSE: EQT) and Equitrans Midstream Corporation is fair to EQT sharehol...

4 months ago - Business Wire

EQT Announces Transformative Acquisition of Equitrans Midstream

Creates America's only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Prov...

Other symbols: ETRN
4 months ago - PRNewsWire

EQT, Equitrans Midstream to combine in $5.5 bln deal, WSJ reports

EQT Corp has signed an agreement to buy back its former unit Equitrans Midstream in a roughly $5.5 billion all-stock deal, the Wall Street Journal reported on Monday.

Other symbols: ETRN
4 months ago - Reuters

EQT and Equitrans Midstream to Combine in Big Natural-Gas Deal

The all-stock transaction will reunite EQT with its former pipeline business.

Other symbols: ETRN
4 months ago - WSJ

EQT cuts natural gas production on low prices

EQT said on Monday it would curtail nearly 1 billion cubic feet (bcf) per day of natural gas production starting late February due to the current low price environment.

4 months ago - Reuters