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 Ratio0.44
Current Ratio1.07
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio37.41
Forward P/E Ratio25.55
P/E Growth1.73
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales4.32
Cash Flow$5.1107 per share
Price / Cash10.75
Book Value$69.67 per share
Price / Book0.79
Profitability
EPS (Most Recent Fiscal Year)$1.47
Net Income$1.51 billion
Net Margins-6.17%
Return on Equity3.45%
Return on Assets2.10%
Miscellaneous
Employees2,067
Outstanding Shares265,490,000
Market Cap$14,740.12
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 announced 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 0.22%. The ex-dividend date of this dividend 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, April, 26th. The oil and gas producer reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.02. The oil and gas producer had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.37 billion. EQT had a negative net margin of 6.17% and a positive return on equity of 3.45%. The company's revenue for the quarter was up 60.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. View EQT's Earnings History.
When is EQT's next earnings date?
What price target have analysts set for EQT?
15 brokers have issued 1 year price objectives for EQT's shares. Their predictions range from $57.00 to $102.00. On average, they anticipate EQT's stock price to reach $72.6429 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Ratings for EQT.
What is the consensus analysts' recommendation for EQT?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of EQT's key competitors?
Some companies that are related to EQT include Canadian Natural Resource (CNQ), Ecopetrol (EC), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Sasol (SSL), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR), Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Apache (APA), Noble Energy (NBL), Rwe Ag Sp (RWEOY) and GALP ENERGIA SG/ADR (GLPEY).
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. Jeremiah J. Ashcroft III, Sr. VP & Pres of Midstream (Age 45)
Has EQT been receiving favorable news coverage?
Media headlines about EQT stock have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. EQT earned a coverage optimism score of 0.17 on Accern's scale. They also gave media stories about the oil and gas producer an impact score of 47.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are EQT's major shareholders?
EQT's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.09%), Miller Howard Investments Inc. NY (0.05%), Retirement Systems of Alabama (0.04%), State of Alaska Department of Revenue (0.02%), Radnor Capital Management LLC (0.01%) and DnB Asset Management AS (0.01%). Company insiders that own EQT stock include A Bray Jr Cary, David E Jr Schlosser, David L Porges, 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 Miller Howard Investments Inc. NY, State of Alaska Department of Revenue, Fox Run Management L.L.C., Cerebellum GP LLC, Radnor Capital Management LLC and Gateway Investment Advisers LLC. View Insider Buying and Selling for EQT.
Which institutional investors are buying EQT stock?
EQT stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, IFM Investors Pty Ltd, Hudson Valley Investment Advisors Inc. ADV, DnB Asset Management AS, Retirement Systems of Alabama and Xact Kapitalforvaltning AB. Company insiders that have bought EQT stock in the last two years include A Bray Jr Cary, David E Jr Schlosser, 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 $54.94.
How big of a company is EQT?
EQT has a market capitalization of $14.74 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.
