EQT Corporation Company Profile (NYSE:EQT)

EQT Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQT."

EQT Corporation announced a quarterly dividend on Wednesday, July 12th. Shareholders of record on Friday, August 11th will be given a dividend of $0.03 per share on Friday, September 1st. This represents a $0.12 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend is Wednesday, August 9th. View EQT Corporation's Dividend History.

EQT Corporation (NYSE:EQT) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The company earned $631.10 million during the quarter, compared to the consensus estimate of $642.21 million. EQT Corporation had a return on equity of 0.91% and a net margin of 0.20%. EQT Corporation's revenue for the quarter was up 720.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.35) earnings per share. View EQT Corporation's Earnings History.

EQT Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for EQT Corporation.

17 brokerages have issued 12-month price objectives for EQT Corporation's stock. Their forecasts range from $60.00 to $102.00. On average, they anticipate EQT Corporation's share price to reach $80.82 in the next year. View Analyst Ratings for EQT Corporation.

Here are some recent quotes from research analysts about EQT Corporation stock:

• 1. According to Zacks Investment Research, "EQT Corp.’s solid operations in the face of volatile business scenario, is a reflection of the Appalachian pure play’s cost reduction efforts. Attractive Appalachian resource potential and an extensive drilling program are likely to support production growth. Moreover, EQT Corp expects its 2017 production sales volume in the range of 810-830 Bcfe, up from 759 Bcfe for 2016. Following these strong fundaments, the company was able to beat the Zacks Consensus Estimate in each of the last four quarters with an average positive earnings surprise of 163.71%. However, in its price history EQT has lagged the Zacks Oil and Gas – U.S Exploration and Production market, over the last three months.  Additionally, the company’s capital budget relies heavily on future cash flows, which are subject to a number of variables. As such, we see EQT shares performing in line with the broader market." (3/7/2017)
• 2. KLR Group analysts commented, "We are decreasing our EQT target price $3 to $94 per share due to higher operating/overhead expense partly offset by higher NGL price realizations. Our composite weighted average cost-of-capital values the midstream business at ~12x next year's cash generation (EQT GP Holdings (EQGP, $27.78, NR)/ EQT Midstream Partners (EQM, $80.12, NR) valuation). Our '17 production estimate of ~830 Bcfe is at the high end of company guidance (810-830 Bcfe)." (2/3/2017)

EQT Corporation saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 30,943,828 shares, an increase of 17.7% from the July 14th total of 26,286,544 shares. Based on an average trading volume of 3,754,418 shares, the days-to-cover ratio is currently 8.2 days. Approximately 18.0% of the shares of the stock are short sold.

Some companies that are related to EQT Corporation include Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Continental Resources (CLR), Cabot Oil & Gas Corporation (COG), Noble Energy (NBL), Marathon Oil Corporation (MRO), Cimarex Energy Co (XEC), Encana Corporation (ECA), Diamondback Energy (FANG), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Energen Corporation (EGN) and Range Resources Corporation (RRC).

EQT Corporation's management team includes the folowing people:

• David L. Porges, Executive Chairman of the Board
• Steven T. Schlotterbeck, President, Chief Executive Officer, Director
• Robert J. McNally, Chief Financial Officer, Senior Vice President
• Charlene Petrelli, Chief Human Resources Officer, Vice President
• Lisa Hyland, Senior Vice President, President - Midstream
• David E. Schlosser JR, Senior Vice President, President - Exploration & Production
• Jimmi Sue Smith, Chief Accounting Officer, Principal Accounting Officer
• Lewis B. Gardner, Vice President - External Affairs, General Counsel
• Blue Jenkins, Chief Commercial Officer
• James E. Rohr, Lead Independent Director

EQT Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include JANA PARTNERS LLC (5.80%), JANA PARTNERS LLC (5.80%), JANA PARTNERS LLC (5.80%), JANA PARTNERS LLC (5.80%), Wedge Capital Management L L P NC (1.81%) and Neuberger Berman Group LLC (1.34%). Company insiders that own EQT Corporation stock include A Bray Jr Cary, David E Jr Schlosser, Jody Bellefleur, Lee T Todd Jr, M Elise Hyland, Randall L Crawford, Raymond Goldie, Robert Joseph Mcnally, Samuel Anthony Kyler Hardy, Steven T Schlotterbeck and Zimtu Capital Corp. View Institutional Ownership Trends for EQT Corporation.

EQT Corporation's stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Reaves W H & Co. Inc., Cannell Peter B & Co. Inc., Reinhart Partners Inc., Cornerstone Capital Management Holdings LLC., SG Americas Securities LLC, Rhumbline Advisers and Atlantic Trust Group LLC. View Insider Buying and Selling for EQT Corporation.

EQT Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Wedge Capital Management L L P NC, C M Bidwell & Associates Ltd., Mitchell Group Inc., Piedmont Investment Advisors LLC, UBS Asset Management Americas Inc., 361 Capital LLC and Crow Point Partners LLC. Company insiders that have bought EQT Corporation stock in the last two years include A Bray Jr Cary, David E Jr Schlosser, Robert Joseph Mcnally and Steven T Schlotterbeck. View Insider Buying and Selling for EQT Corporation.

Shares of EQT Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of EQT Corporation stock can currently be purchased for approximately $60.25.