EQT (EQT) Stock Price, News & Analysis

+0.66 (+1.63%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
5.20 million shs
Average Volume
6.55 million shs
Market Capitalization
$18.18 billion
P/E Ratio
Dividend Yield
Price Target

EQT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
9.2% Upside
$44.94 Price Target
Short Interest
7.26% of Shares Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.59mentions of EQT in the last 14 days
Based on 19 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.03 to $3.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.76 out of 5 stars

Oils/Energy Sector

78th out of 242 stocks

Crude Petroleum & Natural Gas Industry

30th out of 78 stocks

EQT stock logo

About EQT Stock (NYSE:EQT)

EQT Corporation is a US-based natural gas exploration and production company operating in the Appalachian Basin, primarily in Pennsylvania, West Virginia, and Ohio. The company was founded in 1888 as a utility company, but it has since transformed into one of the largest natural gas producers in the US. EQT's mission is to be the leading producer of clean-burning natural gas in the US while focusing on operational excellence, innovation, and environmental stewardship.

EQT's core business is producing natural gas, which is sold to customers in the US and Canada. The company operates over 23,000 wells across the Appalachian Basin and owns over 670,000 acres of natural gas reserves. EQT's target market includes utility companies, industrial customers, and natural gas marketers.

The company's key customers include Dominion Energy, National Fuel Gas, and Peoples Natural Gas. EQT's headquarters are in Pittsburgh, Pennsylvania, and it employs over 1,200 people.

EQT has received numerous awards for its commitment to environmental stewardship and safety. In 2022, the company was named to the Dow Jones Sustainability North America Index for the seventh consecutive year.

An experienced and knowledgeable management team leads EQT. Toby Rice serves as the President and Chief Executive Officer of EQT, bringing over 20 years of experience in the natural gas industry. He previously served as the CEO of Rice Energy, which was acquired by EQT in 2018.

EQT has experienced significant growth recently, with revenue and net income increasing yearly for several years. EQT's profit margin has remained strong, averaging 27% over the past three years.

EQT's debt levels have increased recently, with the company's long-term debt rising. However, the company's debt-to-equity ratio has remained below the industry average, indicating that EQT is managing its debt effectively.

EQT's valuation metrics are generally in line with industry peers. EQT's price-to-earnings and price-to-book are slightly lower but have paralleled industry peers. EQT's dividend yield is slightly below the industry average. 

EQT has had a volatile but generally positive share price. In 2021, the company's share price increased by more than 50% due to an increase in natural gas prices and the company's successful cost-cutting measures. However, the company's share price has since declined due to concerns about regulatory changes and the impact of the COVID-19 pandemic on natural gas demand. EQT's trading volume has declined recently, indicating investor sentiment towards the company may have soured.

EQT operates in the natural gas industry, facing significant challenges in recent years due to regulatory changes and the rise of renewable energy sources. The industry is heavily regulated, and natural gas companies face increasing pressure to reduce their carbon footprint and shift towards cleaner energy sources. Despite these challenges, EQT has managed to maintain its position as one of the largest natural gas producers in the US. 

EQT has several growth opportunities that it can pursue in the coming years. One potential area of growth for the company is renewable energy. EQT has already begun investing in renewable energy projects, such as wind and solar power and could expand its presence. The company could also pursue expansion opportunities in other regions outside the Appalachian Basin. Finally, EQT could explore potential mergers and acquisitions to expand its business and diversify its revenue streams.

EQT faces several risks and challenges in the coming years. One of the most significant risks is the increasing regulatory pressure on natural gas companies to reduce their carbon footprint. The company must invest in new technologies and processes to meet these regulatory requirements, which could be costly and time-consuming. Additionally, EQT faces significant competition from other natural gas producers, both domestically and internationally. Finally, the company is exposed to fluctuations in natural gas prices, which can be volatile and unpredictable.

EQT Stock Price History

EQT Stock News Headlines

EQT’s Sinding Says Buyout Firms Hunt for New Ways to Exit
EQT (NYSE:EQT) Upgraded to "Sell" at StockNews.com
Mizuho Increases EQT (NYSE:EQT) Price Target to $45.00
EQT (NYSE:EQT) Price Target Raised to $47.00 at BMO Capital Markets
Payments-Company Waystar Plans to Restart IPO Pitch
EQT to Acquire WSO2
The Top 7 Oil & Gas Stocks to Buy in April 2024
Peeling Back The Layers: Exploring EQT Through Analyst Insights
T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/1 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Crude petroleum & natural gas
Oil & Gas Exploration & Production
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
18 Analysts


Net Income
$1.74 billion
Pretax Margin


Sales & Book Value

Annual Sales
$4.54 billion
Cash Flow
$6.66 per share
Book Value
$34.36 per share


Free Float
Market Cap
$18.18 billion
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EQT Stock Analysis - Frequently Asked Questions

Should I buy or sell EQT stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT in the last twelve months. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EQT shares.
View EQT analyst ratings
or view top-rated stocks.

What is EQT's stock price target for 2024?

18 Wall Street research analysts have issued twelve-month price objectives for EQT's shares. Their EQT share price targets range from $34.00 to $62.00. On average, they predict the company's stock price to reach $44.94 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for EQT
or view top-rated stocks among Wall Street analysts.

How have EQT shares performed in 2024?

EQT's stock was trading at $38.66 at the beginning of the year. Since then, EQT shares have increased by 6.5% and is now trading at $41.17.
View the best growth stocks for 2024 here

Are investors shorting EQT?

EQT saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 32,060,000 shares, a decline of 5.3% from the April 15th total of 33,860,000 shares. Based on an average daily trading volume, of 7,050,000 shares, the days-to-cover ratio is currently 4.5 days.
View EQT's Short Interest

When is EQT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our EQT earnings forecast

How were EQT's earnings last quarter?

EQT Co. (NYSE:EQT) posted its quarterly earnings results on Tuesday, April, 23rd. The oil and gas producer reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.17. The oil and gas producer had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.58 billion. EQT had a trailing twelve-month return on equity of 4.57% and a net margin of 10.96%. The firm's revenue was down 28.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 EPS.

How often does EQT pay dividends? What is the dividend yield for EQT?

EQT declared a quarterly dividend on Wednesday, April 17th. Investors of record on Wednesday, May 8th will be given a dividend of $0.1575 per share on Saturday, June 1st. This represents a $0.63 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Tuesday, May 7th.
Read our dividend analysis for EQT

Is EQT a good dividend stock?

EQT (NYSE:EQT) pays an annual dividend of $0.63 per share and currently has a dividend yield of 1.56%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQT will have a dividend payout ratio of 17.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQT.

What is Toby Z. Rice's approval rating as EQT's CEO?

16 employees have rated EQT Chief Executive Officer Toby Z. Rice on Glassdoor.com. Toby Z. Rice has an approval rating of 84% among the company's employees.

What other stocks do shareholders of EQT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EQT investors own include Gilead Sciences (GILD), Intel (INTC), AT&T (T), Netflix (NFLX), Alibaba Group (BABA), Chevron (CVX), Applied Materials (AMAT), Ford Motor (F), General Electric (GE) and Micron Technology (MU).

Who are EQT's major shareholders?

EQT's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (14.69%), Vanguard Group Inc. (11.52%), Bank of New York Mellon Corp (4.51%), Capital World Investors (3.72%), Clearbridge Investments LLC (2.00%) and Swiss National Bank (0.27%). Insiders that own company stock include S Wil Vanloh Jr, Toby Z Rice, Todd James and William E Jordan.
View institutional ownership trends

How do I buy shares of EQT?

Shares of EQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EQT) was last updated on 5/18/2024 by MarketBeat.com Staff

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