EQT Corporation (EQT)
Market Cap | 20.43B |
Revenue (ttm) | 5.59B |
Net Income (ttm) | 696.32M |
Shares Out | 595.58M |
EPS (ttm) | 1.59 |
PE Ratio | 21.58 |
Forward PE | 21.03 |
Dividend | $0.63 (1.84%) |
Ex-Dividend Date | Aug 7, 2024 |
Volume | 7,690,771 |
Open | 34.29 |
Previous Close | 34.38 |
Day's Range | 33.67 - 34.60 |
52-Week Range | 32.07 - 45.23 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 44.38 (+29.35%) |
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]
Financial Performance
In 2023, EQT'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 17 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $44.38, which is an increase of 29.35% from the latest price.
News
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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...
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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...
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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...
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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 ...
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EQT Declares Quarterly Cash Dividend
PITTSBURGH , July 16, 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 September 1, 2024...
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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...
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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...
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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.
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.
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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...
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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.
![](https://cdn.snapi.dev/images/v1/w/j/gettyimages-474912837-e1714755-2409861.jpg)
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.
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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
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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...
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.
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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 ...
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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...
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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.
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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...
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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...
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.
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.
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.
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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...
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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...