EQT Corporation (EQT)

NYSE: EQT · IEX Real-Time Price · USD
36.22
+0.18 (0.50%)
At close: Apr 18, 2024, 4:00 PM
36.39
+0.17 (0.47%)
After-hours: Apr 18, 2024, 5:07 PM EDT
0.50%
Market Cap 15.96B
Revenue (ttm) 6.91B
Net Income (ttm) 1.74B
Shares Out 440.72M
EPS (ttm) 4.22
PE Ratio 8.58
Forward PE 24.76
Dividend $0.63 (1.74%)
Ex-Dividend Date Feb 16, 2024
Volume 6,664,830
Open 36.20
Previous Close 36.04
Day's Range 36.12 - 36.79
52-Week Range 30.84 - 45.23
Beta 1.14
Analysts Buy
Price Target 43.78 (+20.87%)
Earnings Date Apr 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 19 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $43.78, which is an increase of 20.87% from the latest price.

Price Target
$43.78
(20.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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 days 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
3 days 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...

3 days 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...

10 days 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.

22 days 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
5 weeks ago - Business Wire

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
5 weeks 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
5 weeks 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
5 weeks 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...

5 weeks 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
5 weeks 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
5 weeks 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
5 weeks 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.

6 weeks ago - Reuters

EQT Announces Strategic Production Curtailment

PITTSBURGH , March 4, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross productio...

6 weeks ago - PRNewsWire

Some regional electric grids 'in trouble' over the next few years, says Skylar's Bill Perkins

Bill Perkins, Skylar Capital Management CEO, joins 'Closing Bell Overtime' to talk the price of natural gas, the impact of weather, investing in energy and more.

Other symbols: CHKCQPDVN
2 months ago - CNBC Television

EQT CEO: Expect bumpy natural gas prices for the next 6 to 9 months

EQT CEO Toby Rice joins 'The Exchange' to discuss the reason behind natural gas prices, the potential impact of the Biden administration's LNG pause, and more.

2 months ago - CNBC Television

EQT Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance

PITTSBURGH , Feb. 13, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the fourth quarter and full year 2023 as well as financial and operational ...

2 months ago - PRNewsWire

Gas Prices & Energy Stocks To Watch

Macro concerns are likely to outweigh fundamentals in 2024 as oil and gas prices may trade sideways, notes Mizuho's Nitin Kumar. He and Gas Buddy's Patrick De Haan discusses the outlook for the energy...

2 months ago - Schwab Network

EQT Announces Pricing of $750 Million of New Senior Notes

PITTSBURGH , Jan. 17, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") today announced that it has priced an underwritten public offering (the "Offering") of $750 million in aggregate principa...

3 months ago - PRNewsWire

EQT Schedules Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

PITTSBURGH , Jan. 16, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its fourth quarter and year-end 2023 financial and operating results news release after market close on Tuesday, F...

3 months ago - PRNewsWire

EQT Announces Tolling Agreement with Texas LNG

PITTSBURGH , Jan. 11, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it has entered into a Heads of Agreement ("HOA") for liquefaction services from Texas LN...

3 months ago - PRNewsWire

EQT Announces Redemption of Outstanding 1.75% Convertible Senior Notes due 2026

PITTSBURGH , Jan. 2, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") today announced that it will redeem all of its outstanding 1.75% Convertible Senior Notes due 2026 (the "Notes") (CUSIP No...

3 months ago - PRNewsWire

Energy poverty is growing, says EQT CEO Toby Rice

EQT CEO Toby Rice joins 'Squawk on the Street' to discuss the state of the COP28 climate summit, the company's energy transition plan, and more.

4 months ago - CNBC Television