EQT Corporation (EQT)
| Market Cap | 25.38B |
| Revenue (ttm) | 4.62B |
| Net Income (ttm) | 314.24M |
| Shares Out | 596.68M |
| EPS (ttm) | 0.67 |
| PE Ratio | 63.52 |
| Forward PE | 16.81 |
| Dividend | $0.63 (1.48%) |
| Ex-Dividend Date | Nov 6, 2024 |
| Volume | 7,392,225 |
| Open | 44.15 |
| Previous Close | 44.20 |
| Day's Range | 42.27 - 44.37 |
| 52-Week Range | 30.02 - 48.02 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 45.41 (+6.75%) |
| Earnings Date | Feb 11, 2025 |
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]
Financial Performance
In 2023, EQT Corporation's revenue was $4.97 billion, a decrease of -58.53% compared to the previous year's $12.00 billion. Earnings were $1.74 billion, a decrease of -2.02%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $45.41, which is an increase of 6.75% from the latest price.
News
Early Results and Upsizing of EQM Midstream Partners, LP's Tender Offer and Consent Solicitation for Certain of its Senior Notes
PITTSBURGH , Dec. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its subsidiaries, the "Company") today announced the early results and upsizing of the previously a...
Final Trades: Uber, Workday, EQT Corp and the IYF
The Investment Committee give you their top stocks to watch for the second half.
Jim Cramer looks back at the S&P 500s top performing stocks in November
'Mad Money' host Jim Cramer looks at November's top performing S&P 500 stocks and which could continue to perform into the new year.
3-Stock Lunch: Alphabet, Target, & EQT Corp.
David Trainer, New Constructs CEO, and Ken Squire, 13D Monitor founder and president, joins CNBC's 'Power Lunch' with the trades on Alphabet, Target, and EQT Corp.
EQT Sells Stake in Midstream Assets to Blackstone for $3.5B
EQT (EQT) shares rose after the natural gas producer said Blackstone's (BX) credit and insurance business is buying a $3.5 billion stake in its midstream assets through a joint venture.
EQM MIDSTREAM PARTNERS, LP COMMENCES TENDER OFFER AND CONSENT SOLICITATION
Offer to Purchase for Cash Up to $1.275 Billion Aggregate Purchase Price for 6.500% Senior Notes due 2048, 5.500% Senior Notes due 2028, 4.50% Senior Notes due 2029 and 7.500% Senior Notes due 2030 ...
EQT Announces $3.5 Billion Midstream Joint Venture with Blackstone Credit & Insurance
PITTSBURGH , Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to ...
Cramer names oil and natural gas stocks set to do well under Trump
CNBC's Jim Cramer said that stocks related to oil and natural gas will thrive under President-elect Donald Trump. Trump has shown more favor to the industry than President Joe Biden, and Cramer noted ...
EQT Exeter To Acquire More Than One Million Square Feet of Class A Bulk Distribution Buildings in the Napa Valley Region of California
Bulk distribution buildings offer premier access to Northern California's major metros and Western U.S., and are purpose-built to meet the needs of both logistics operators and specialized food and be...
Final Trades: EQT, Meta, On Holdings and the IYF
The Investment Committee give you their top stocks to watch for the second half.
EQT: With Risks From The Debt, New Deals Could Push The Price
EQT is one of the largest producers of natural gas in the United States. EQT recently signed a number of deals. EQT reported the sale of assets for $1.25 billion in cash, and talks with Blackstone. I ...
EQT Corporation (EQT) Q3 2024 Earnings Call Transcript
EQT Corporation (NYSE:EQT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President ...
EQT Reports Third Quarter 2024 Results and Announces Non-Operated Asset Divestiture
PITTSBURGH , Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 and Recent Highlights: Integ...
Exclusive: Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say
Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on...
EQT Achieves its Net Zero Scope 1 and Scope 2 GHG Emissions Target Ahead of 2025 Goal
First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions PITTSBURGH , Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading ...
EQT Declares Quarterly Cash Dividend
PITTSBURGH , Oct. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.1575 per share, payable ...
2 Big Dividends To Buy As Inflation Returns
Another day, another sign the economy is heading straight for that “no-landing” scenario I've been talking about for weeks now
EQT Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
PITTSBURGH , Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and...
Trade Tracker: Joe Terranova buys EQT
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain why he's buying back EQT.
Should Appalachian Natural Gas Producers' Stock Price Resiliency Be Surprising?
In a year where natural gas prices have spent almost the entire year under $3.00 per mcf, including a few months under $2.00, the stock prices of publicly traded Appalachian gas producers have remaine...
EQT plans to reverse some US natgas production curtailments in Oct, CEO says
U.S. energy company EQT plans to reverse some natural gas production curtailments in October and November as demand for the fuel and prices increase, CEO Toby Rice told Reuters on Wednesday.
Buying EQT Stock On Solid Internals And A Favorable External Market Outlook
EQT is a strong shale natural gas producer, currently undervalued due to low gas prices, but poised for gains as prices rise. Despite lower revenues, EQT increased production by 12% and remained profi...
EQT CEO on natural gas prices: Warmer-than-usual winter led to oversupply in U.S.
Toby Rice, EQT CEO, joins 'Money Movers' to discuss the recent price action in natural gas, if the election is a catalyst one way or the other, and more.