EQT Corporation (EQT)
Market Cap | 26.42B |
Revenue (ttm) | 4.62B |
Net Income (ttm) | 314.24M |
Shares Out | 596.68M |
EPS (ttm) | 0.67 |
PE Ratio | 66.12 |
Forward PE | 19.01 |
Dividend | $0.64 (1.45%) |
Ex-Dividend Date | Nov 6, 2024 |
Volume | 6,004,034 |
Open | 42.99 |
Previous Close | 42.71 |
Day's Range | 42.65 - 44.61 |
52-Week Range | 30.02 - 44.61 |
Beta | 1.07 |
Analysts | Buy |
Price Target | 42.12 (-4.88%) |
Earnings Date | Oct 29, 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]
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 $42.12, which is a decrease of -4.88% from the latest price.
News
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.
Final Trades: Tesla, EQT Corp and American Express
The Investment Committee gives you their top stocks to watch for the second half.
EQT Advances into Phase 1 Planning of Clean Hydrogen Project
EQT, together with its peers in the Appalachian Regional Clean Hydrogen Hub, have advanced to Phase 1 Award Status from the U.S. Department of Energy PITTSBURGH , July 31, 2024 /PRNewswire/ -- EQT Cor...
EQT taps advisors for strategic review of US business of Parques Reunidos, sources say
Private equity firm EQT has initiated a strategic review of the U.S. operations of Spanish amusement park operator Parques Reunidos that could lead to a sale of the business, according to two sources ...
Top 4 Energy Stocks That May Rocket Higher In Q3
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. `
Independent Power Producers Sector Has Come Into Favor
One of the sectors we know well which had been out of favor for several years has quickly come into favor: Independent Power Producers (IPPs). We've invested a meaningful amount of our assets in VST s...
EQT Corporation (EQT) Q2 2024 Earnings Call Transcript
EQT Corporation (NYSE:EQT) Q 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations and Strategy Toby Rice - President an...
EQT: This Quarter May Mark A Stock Price And Earnings Bottom
The acquisition of Equitrans Midstream is expected to materially decrease the cost of supply on a per-unit basis. EQT announced profitable second quarter results despite industry struggles. The quarte...
EQT Reports Second Quarter 2024 Results
PITTSBURGH , July 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the second quarter of 2024. Second Quarter 2024 and Recent Highlights: Clo...
EQT Completes Acquisition of Equitrans Midstream
PITTSBURGH , July 22, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced it has closed its acquisition of Equitrans Midstream Corporation (Equitrans). The merger of EQT and Equitrans cre...
Tortoise Announces Constituent Changes Due to Corporate Action
OVERLAND PARK, KS / ACCESSWIRE / July 22, 2024 / Tortoise today announced that Equitrans Midstream Corp (NYSE:ETRN) will be removed from the Tortoise North American Pipeline IndexSM (TNAP) and the Tor...
Abercrombie & Fitch Set to Join S&P MidCap 400; Gates Industrial to Join S&P SmallCap 600
NEW YORK , July 16, 2024 /PRNewswire/ -- S&P SmallCap 600 constituent Abercrombie & Fitch Co. (NYSE:ANF) will replace Equitrans Midstream Corp. (NYSE:ETRN) in the S&P MidCap 400, and Gates Industrial ...