EQT Corporation, together with its subsidiaries, operates in natural gas industry in the United States. Its EQT Production segment produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2017, this segment operated 21.4 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 4.0 million gross acres comprising approximately 1.1 million gross acres. The company's EQM Gathering segment is involved in natural gas gathering activities. This segment operates approximately 300 miles of high pressure gathering lines with approximately 2.3 billion cubic feet of total firm gathering capacity, and compression capacity of 189,000 horsepower and various interconnect points; and approximately 1,500 miles of FERC-regulated low pressure gathering lines. Its EQM Transmission segment engages in natural gas transmission and storage activities. This segment operates approximately 950-mile FERC-regulated interstate pipeline that connects to seven interstate pipelines and distribution companies. The company's Gathering segment is involved in the gathering of natural gas assets. This segment operates approximately 178 mile high pressure dry gas gathering system with approximately 5.1 trillion British thermal units of gathering capacity and compression capacity of approximately 85,000 horsepower that connects to five interstate pipelines. Its RMP Water segment assets include water pipelines, impoundment facilities, pumping stations, take point facilities, and measurement facilities used to support well completion activities, as well as to collect, and recycle or dispose of flowback and produced water. This segment operates access to 29.4 million gallons (MMgal) of water from the Monongahela River and various other regional water sources, as well as to 14.0 MMgal of water from the Ohio River and various other regional water sources. The company was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:EQT
CUSIP26884L10
Phone412-553-5700
Debt
Debt-to-Equity Ratio0.47
Current Ratio0.76
Quick Ratio0.76
Price-To-Earnings
Trailing P/E Ratio32.89
Forward P/E Ratio21.73
P/E Growth1.43
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales3.77
Cash Flow$5.2321 per share
Price / Cash9.22
Book Value$69.67 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)$1.47
Net Income$1.51 billion
Net Margins-6.19%
Return on Equity3.73%
Return on Assets2.24%
Miscellaneous
Employees2,067
Outstanding Shares264,000,000
Market Cap$12.56 billion
EQT (NYSE:EQT) Frequently Asked Questions
What is EQT's stock symbol?
EQT trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQT."
How often does EQT pay dividends? What is the dividend yield for EQT?
EQT declared a quarterly dividend on Wednesday, July 11th. Shareholders of record on Friday, August 10th will be given a dividend of $0.03 per share on Saturday, September 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Thursday, August 9th. View EQT's Dividend History.
How were EQT's earnings last quarter?
EQT Co. (NYSE:EQT) issued its quarterly earnings results on Thursday, July, 26th. The oil and gas producer reported $0.44 EPS for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.07. The oil and gas producer earned $1.05 billion during the quarter, compared to analyst estimates of $1.13 billion. EQT had a negative net margin of 6.19% and a positive return on equity of 3.73%. EQT's quarterly revenue was up 53.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 EPS. View EQT's Earnings History.
When is EQT's next earnings date?
What price target have analysts set for EQT?
16 brokers have issued 1-year price objectives for EQT's stock. Their forecasts range from $52.00 to $80.00. On average, they anticipate EQT's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price. View Analyst Price Targets for EQT.
What is the consensus analysts' recommendation for EQT?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for EQT.
Who are some of EQT's key competitors?
Some companies that are related to EQT include Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), Rwe Ag Sp (RWEOY), Noble Energy (NBL), GALP ENERGIA SG/ADR (GLPEY) and Diamondback Energy (FANG).
Who are EQT's key executives?
EQT's management team includes the folowing people:
- Mr. David L. Porges, Non-Exec. Chairman, Interim Pres & CEO (Age 60)
- Mr. Robert J. McNally, Sr. VP & Chief Financial Officer (Age 47)
- Mr. Lewis B. Gardner Esq., VP of External Affairs & Gen. Counsel (Age 61)
- Mr. David E. Schlosser Jr., Sr. VP and Pres of Exploration & Production (Age 52)
- Mr. Thomas F. Karam, Sr. VP, Pres of Midstream & Director (Age 59)
Has EQT been receiving favorable news coverage?
Press coverage about EQT stock has been trending somewhat positive on Friday, according to Accern. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EQT earned a daily sentiment score of 0.18 on Accern's scale. They also gave press coverage about the oil and gas producer an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for EQT.
Who are EQT's major shareholders?
EQT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.81%), Boston Partners (4.90%), Share Andrew L. (2.56%), Canyon Capital Advisors LLC (2.03%), American Century Companies Inc. (1.87%) and Iridian Asset Management LLC CT (1.34%). Company insiders that own EQT stock include A Bray Jr Cary, David E Jr Schlosser, David L Porges, Kenneth Michael Burke, M Elise Hyland, Norman J Szydlowski, Robert Joseph Mcnally, Steven T Schlotterbeck and Thomas F Karam. View Institutional Ownership Trends for EQT.
Which institutional investors are selling EQT stock?
EQT stock was sold by a variety of institutional investors in the last quarter, including Share Andrew L., Wedge Capital Management L L P NC, Voya Investment Management LLC, Soros Fund Management LLC, Canada Pension Plan Investment Board, SG Americas Securities LLC, FMR LLC and Hennessy Advisors Inc.. View Insider Buying and Selling for EQT.
Which institutional investors are buying EQT stock?
EQT stock was acquired by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Sound Shore Management Inc. CT, Scopia Capital Management LP, Nomura Holdings Inc., Boston Partners, Caisse DE Depot ET Placement DU Quebec, Canyon Capital Advisors LLC and Boston Advisors LLC. Company insiders that have bought EQT stock in the last two years include A Bray Jr Cary, David E Jr Schlosser, Kenneth Michael Burke, Norman J Szydlowski, Robert Joseph Mcnally, Steven T Schlotterbeck and Thomas F Karam. View Insider Buying and Selling for EQT.
How do I buy shares of EQT?
Shares of EQT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is EQT's stock price today?
One share of EQT stock can currently be purchased for approximately $48.24.
How big of a company is EQT?
EQT has a market capitalization of $12.56 billion and generates $3.38 billion in revenue each year. The oil and gas producer earns $1.51 billion in net income (profit) each year or $1.47 on an earnings per share basis. EQT employs 2,067 workers across the globe.
How can I contact EQT?
EQT's mailing address is 625 LIBERTY AVENUE SUITE 1700, PITTSBURGH PA, 15222. The oil and gas producer can be reached via phone at 412-553-5700 or via email at [email protected]
MarketBeat Community Rating for EQT (NYSE EQT)
MarketBeat's community ratings are surveys of what our community members think about EQT and other stocks. Vote "Outperform" if you believe EQT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQT will underperform the S&P 500 over the long term. You may vote once every thirty days.
