EQT Corporation (EQT)

NYSE: EQT · IEX Real-Time Price · USD
36.68
+0.16 (0.44%)
Feb 28, 2024, 3:16 PM EST - Market open
0.44%
Market Cap 16.18B
Revenue (ttm) 6.91B
Net Income (ttm) 1.74B
Shares Out 440.43M
EPS (ttm) 4.22
PE Ratio 8.69
Forward PE 17.30
Dividend $0.63 (1.72%)
Ex-Dividend Date Feb 16, 2024
Volume 1,959,914
Open 36.67
Previous Close 36.52
Day's Range 36.39 - 37.00
52-Week Range 28.11 - 45.23
Beta 1.13
Analysts Buy
Price Target 44.15 (+20.37%)
Earnings Date Feb 13, 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]

Industry Oil & Gas E&P
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 14 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $44.15, which is an increase of 20.37% from the latest price.

Price Target
$44.15
(20.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
11 days 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.

13 days 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 ...

14 days ago - PRNewsWire

EQT Declares Quarterly Cash Dividend

PITTSBURGH , Feb. 8, 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 March 1, 2024, to ...

19 days 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...

4 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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...

2 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.

2 months ago - CNBC Television

EQT Joins the Oil & Gas Decarbonization Charter

PITTSBURGH , Dec. 2, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT), the largest producer of natural gas in the United States, today announced its participation in the Oil and Gas Decarbonization Ch...

3 months ago - PRNewsWire

Refiners, transporters surge: Niche energy markets defy oil slump

Big energy like Chevron Corp. NYSE: CVX and Exxon Mobil Corp. NYSE: XOM are trading well below their highs, while certain sub-industries within the energy sector are performing well.

Other symbols: CVXENBEPDETKMIMPCMPLX
3 months ago - MarketBeat

EQT CEO Toby Rice: We want to be known as America's best natural gas producer

EQT CEO Toby Rice joins 'The Exchange' to discuss the company's Q3 earnings, the state of the energy industry amid a pickup in energy deals, and more.

4 months ago - CNBC Television

EQT Reports Third Quarter 2023 Results

PITTSBURGH , Oct. 25, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2023. Third Quarter  2023 and Recent Highlights: Close...

4 months ago - PRNewsWire

EQT Increases Base Dividend by Five Percent

PITTSBURGH , Oct. 12, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on December 1, 2023,...

4 months ago - PRNewsWire

Biden to roll out $7 billion for hydrogen hubs

The Biden administration this week is expected to reveal which regional projects will receive around $7 billion total in federal funding to build out hydrogen hubs, according to multiple published rep...

Other symbols: APDPLUG
4 months ago - Market Watch

Final Trades: Humana, CrowdStrike & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: CRWDHUMFLEX
5 months ago - CNBC Television

Natural Gas Is Hot Again, as Oil Is Slipping

Natural-gas prices are hot again, and some analysts think the stocks of gas producers have a chance to steal the spotlight from their oilier peers.

Other symbols: ARCTRARRC
5 months ago - Barrons

5 Lost Formula Energy Stocks to Consider for the 4th Quarter

While the energy sector is up again this year after a blowout 2022, oil prices fell further on Friday on the back of macroeconomic-related demand fears as well as the Russian government lifting part o...

Other symbols: CTRAEOGFANGXOM
5 months ago - GuruFocus

EQT Schedules Third Quarter 2023 Earnings Release and Conference Call

PITTSBURGH , Oct. 3, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its third quarter financial and operating results after market close on Wednesday, October 25, 2023, and will host ...

5 months ago - PRNewsWire

Energy Stocks Shine as High Oil Prices Boost Dividend Yields

Bond yields are rising, which could make fixed-income attractive, but many investors prefer to hold dividend-paying equities as they have higher growth potential.

Other symbols: SLBXOM
5 months ago - MarketBeat

EQT Announces Tolling Agreement with Commonwealth LNG

PITTSBURGH , Sept. 18, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwea...

5 months ago - PRNewsWire

EQT CEO Toby Rice: If you are concerned about climate, American natural gas is the solution

EQT CEO Toby Rice joins 'Squawk on the Street' to discuss developing more pipeline infrastructure to protect against price shocks, consequences of energy insecurity, and Biden's new policy to limit pi...

6 months ago - CNBC Television

Decarbonizing has tremendous growth potential for energy infrastructure, says Tortoise's Rob Thummel

Rob Thummel, Tortoise Ecofin senior portfolio manager, joins 'Squawk on the Street' to discuss rising energy oil prices due to the output cut extension, oil prices influencing energy investment decisi...

Other symbols: OXYXLEXOM
6 months ago - CNBC Television

EQT Completes Acquisition of Tug Hill and XcL Midstream

PITTSBURGH , Aug. 22, 2023 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it has closed its previously announced acquisition of THQ Appalachia I Midco, LLC ("Tug ...

6 months ago - PRNewsWire