S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:EQT

EQT (EQT) Stock Forecast, Price & News

$36.09
-0.40 (-1.10%)
(As of 05/26/2023 ET)
Compare
Today's Range
$35.46
$36.68
50-Day Range
$29.51
$36.84
52-Week Range
$28.10
$51.97
Volume
9.71 million shs
Average Volume
6.90 million shs
Market Capitalization
$13.05 billion
P/E Ratio
3.21
Dividend Yield
1.66%
Price Target
$49.59

EQT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
37.4% Upside
$49.59 Price Target
Short Interest
Bearish
5.40% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-10.42
Upright™ Environmental Score
News Sentiment
0.57mentions of EQT in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
98.89%
From $2.71 to $5.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Oils/Energy Sector

27th out of 250 stocks

Crude Petroleum & Natural Gas Industry

18th out of 80 stocks


EQT stock logo

About EQT (NYSE:EQT) Stock

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.

Receive EQT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EQT and its competitors with MarketBeat's FREE daily newsletter.

EQT Stock News Headlines

"The $51 Billion Laser Revolution"
See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>
EQT (NYSE:EQT) Shares Gap Down to $36.23
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
EQT (NYSE:EQT) Price Target Raised to $52.00
Analyst Expectations for EQT's Future
EQT Could Rally on Latest Natural Gas Prices
See More Headlines
Receive EQT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EQT and its competitors with MarketBeat's FREE daily newsletter.

EQT Company Calendar

Ex-Dividend for 3/1 Dividend
2/17/2023
Dividend Payable
3/01/2023
Last Earnings
4/26/2023
Ex-Dividend for 6/1 Dividend
5/09/2023
Today
5/27/2023
Dividend Payable
6/01/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
26884L10
Employees
693
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$49.59
High Stock Price Forecast
$74.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+37.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
19 Analysts

Profitability

Net Income
$1.77 billion
Pretax Margin
54.86%

Debt

Sales & Book Value

Annual Sales
$7.50 billion
Cash Flow
$7.98 per share
Book Value
$33.61 per share

Miscellaneous

Free Float
359,726,000
Market Cap
$13.05 billion
Optionable
Optionable
Beta
1.17

Key Executives

  • Toby Z. RiceToby Z. Rice
    President, Chief Executive Officer & Director
  • David Michael Khani
    Chief Financial Officer
  • Richard Anthony Duran
    Chief Information Officer
  • William E. Jordan
    Secretary, General Counsel & Executive VP
  • Jeffery C. Mitchell
    Vice President-Internal Audit













EQT Stock - Frequently Asked Questions

Should I buy or sell EQT stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EQT in the last twelve months. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EQT shares.
View EQT analyst ratings
or view top-rated stocks.

What is EQT's stock price forecast for 2023?

19 brokerages have issued twelve-month target prices for EQT's stock. Their EQT share price forecasts range from $36.00 to $74.00. On average, they predict the company's share price to reach $49.59 in the next twelve months. This suggests a possible upside of 37.4% 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 2023?

EQT's stock was trading at $33.83 at the beginning of the year. Since then, EQT stock has increased by 6.7% and is now trading at $36.09.
View the best growth stocks for 2023 here
.

Are investors shorting EQT?

EQT saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 19,530,000 shares, an increase of 10.8% from the April 30th total of 17,620,000 shares. Based on an average daily volume of 6,560,000 shares, the short-interest ratio is presently 3.0 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 Wednesday, July 26th 2023.
View our EQT earnings forecast
.

How were EQT's earnings last quarter?

EQT Co. (NYSE:EQT) released its quarterly earnings results on Wednesday, April, 26th. The oil and gas producer reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.38. The oil and gas producer had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. EQT had a trailing twelve-month return on equity of 15.17% and a net margin of 41.96%. EQT's revenue was down 26.4% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share.

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

EQT declared a quarterly dividend on Wednesday, April 19th. Shareholders of record on Wednesday, May 10th will be paid a dividend of $0.15 per share on Thursday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, May 9th.
Read our dividend analysis for EQT
.

Is EQT a good dividend stock?

EQT (NYSE:EQT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.64%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQT will have a dividend payout ratio of 11.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQT.

How will EQT's stock buyback program work?

EQT announced that its board has authorized a stock repurchase plan on Monday, December 13th 2021, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 13.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its stock is undervalued.

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).

What is EQT's stock symbol?

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

Who are EQT's major shareholders?

EQT's stock is owned by many different retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (3.26%), Wellington Management Group LLP (2.40%), Geode Capital Management LLC (2.18%), Soroban Capital Partners LP (1.73%), Pacer Advisors Inc. (1.08%) and Renaissance Technologies LLC (1.03%). Insiders that own company stock include Toby Z Rice 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EQT's stock price today?

One share of EQT stock can currently be purchased for approximately $36.09.

How much money does EQT make?

EQT (NYSE:EQT) has a market capitalization of $13.05 billion and generates $7.50 billion in revenue each year. The oil and gas producer earns $1.77 billion in net income (profit) each year or $11.26 on an earnings per share basis.

How many employees does EQT have?

The company employs 693 workers across the globe.

How can I contact EQT?

EQT's mailing address is 625 LIBERTY AVENUE SUITE 1700, PITTSBURGH PA, 15222. The official website for the company is www.eqt.com. The oil and gas producer can be reached via phone at (412) 553-5700, via email at kyderham@eqt.com, or via fax at 412-553-5757.

This page (NYSE:EQT) was last updated on 5/27/2023 by MarketBeat.com Staff

My Account -