EQT Corporation (EQT)
| Market Cap | 17.67B |
| Revenue (ttm) | 5.66B |
| Net Income (ttm) | 620.17M |
| Shares Out | 441.59M |
| EPS (ttm) | 1.39 |
| PE Ratio | 28.79 |
| Forward PE | 18.14 |
| Dividend | $0.63 (1.57%) |
| Ex-Dividend Date | May 7, 2024 |
| Volume | 3,784,071 |
| Open | 40.18 |
| Previous Close | 39.91 |
| Day's Range | 39.76 - 40.33 |
| 52-Week Range | 31.67 - 45.23 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 44.53 (+11.27%) |
| Earnings Date | Apr 23, 2024 |
About EQT
EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania. [Read more]
Financial Performance
In 2023, EQT's revenue was $6.91 billion, a decrease of -7.85% compared to the previous year's $7.50 billion. Earnings were $1.74 billion, a decrease of -2.02%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for EQT stock is "Buy." The 12-month stock price forecast is $44.53, which is an increase of 11.27% from the latest price.
News
AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.
EQT snaps up API and identity management software company WSO2 for more than $600M
WSO2, a company that provides API and identity management services for enterprises, has been acquired by EQT for more than $600M.
EQT to Acquire WSO2
Acquisition will enable accelerated investment in innovative technology for digital transformation Acquisition will enable accelerated investment in innovative technology for digital transformation
T-Mobile to invest $950 mln in venture with EQT to buy fiber optic network provider Lumos
Wireless carrier T-Mobile US expects to invest about $950 million for a 50% stake in a joint venture with Swedish investment firm EQT's fund that will buy fiber optic network provider Lumos, the compa...
Natural gas market looks oversupplied right now, says EQT CEO Toby Rice
Toby Rice, EQT CEO, joins 'Money Movers' to discuss the company's demand expectations for the year, how much AI is fueling power demand, and more.
EQT Reports First Quarter 2024 Results
PITTSBURGH , April 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter of 2024. First Quarter 2024 and Recent Highlights: Net ...
EQT Declares Quarterly Cash Dividend
PITTSBURGH , April 17, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on June 1, 2024, to...
Equitrans Midstream Schedules First Quarter 2024 Earnings Release Date
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its first quarter 2024 earnings information on April 30, 2024. On March 11, 2024, ETRN announced that it has...
EQT to sell some natgas assets in northeast Pennsylvania to Equinor USA
EQT said on Monday it would sell 40% interest in its non-operated natural gas assets in northeast Pennsylvania to Equinor USA Onshore Properties for $500 million in cash and some assets.
EQT Announces Non-Operated Asset Transaction with Equinor
PITTSBURGH , April 15, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undi...
EQT Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
PITTSBURGH, April 8, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its first quarter financial and operating results news release after market close on Tuesday, April 23, 2024, and w...
EQT CEO: We need to fix energy grid if we want to fuel the AI boom
EQT CEO Toby Rice joins 'Squawk on the Street' to discuss whether there's a great crisis for energy in the U.S., if the U.S. has been delinquent in energy production, and more.
EQUITRANS MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Equitrans Midstream Corporation - ETRN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Equitrans Midstr...
EQT CEO Toby Rice talks multibillion-dollar acquisition of Equitrans Midstream
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Three-Stock Lunch: Meta, EQT & Valmont industries
Michael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Meta, EQT and Valmont industries.
EQT Buys Equitrans Midstream To Expand Its Natural Gas Operations
EQT Corp. (EQT) was the worst-performing stock in the S&P 500 midday Monday after the natural gas producer announced it was buying midstream infrastructure provider Equitrans Midstream Corp. (ETRN) fo...
EQT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of EQT Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of EQT Corporation (NYSE: EQT) and Equitrans Midstream Corporation is fair to EQT sharehol...
EQT Announces Transformative Acquisition of Equitrans Midstream
Creates America's only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Prov...
EQT, Equitrans Midstream to combine in $5.5 bln deal, WSJ reports
EQT Corp has signed an agreement to buy back its former unit Equitrans Midstream in a roughly $5.5 billion all-stock deal, the Wall Street Journal reported on Monday.
EQT and Equitrans Midstream to Combine in Big Natural-Gas Deal
The all-stock transaction will reunite EQT with its former pipeline business.
EQT cuts natural gas production on low prices
EQT said on Monday it would curtail nearly 1 billion cubic feet (bcf) per day of natural gas production starting late February due to the current low price environment.
EQT Announces Strategic Production Curtailment
PITTSBURGH , March 4, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross productio...
Some regional electric grids 'in trouble' over the next few years, says Skylar's Bill Perkins
Bill Perkins, Skylar Capital Management CEO, joins 'Closing Bell Overtime' to talk the price of natural gas, the impact of weather, investing in energy and more.
EQT CEO: Expect bumpy natural gas prices for the next 6 to 9 months
EQT CEO Toby Rice joins 'The Exchange' to discuss the reason behind natural gas prices, the potential impact of the Biden administration's LNG pause, and more.
EQT Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance
PITTSBURGH , Feb. 13, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the fourth quarter and full year 2023 as well as financial and operational ...