EQT Corp
About: EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Employees: 881
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 14 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
276% more first-time investments, than exits
New positions opened: 207 | Existing positions closed: 55
61% more call options, than puts
Call options by funds: $765M | Put options by funds: $476M
30% more repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 240
27% more funds holding in top 10
Funds holding in top 10: 26 [Q3] → 33 (+7) [Q4]
22% more capital invested
Capital invested by funds: $22.3B [Q3] → $27.1B (+$4.82B) [Q4]
19% more funds holding
Funds holding: 726 [Q3] → 865 (+139) [Q4]
4.73% less ownership
Funds ownership: 137.99% [Q3] → 133.26% (-4.73%) [Q4]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
32%
downside
Avg. target
$58
9%
upside
High target
$73
37%
upside
14 analyst ratings
9 positive
64%
5 neutral
36%
0 negative
0%
Mizuho Nitin Kumar 47% 1-year accuracy 31 / 66 met price target | 13%upside $60 | Outperform Maintained | 1 Apr 2025 |
Morgan Stanley Devin McDermott 38% 1-year accuracy 13 / 34 met price target | 26%upside $67 | Overweight Maintained | 27 Mar 2025 |
Wells Fargo Roger Read 41% 1-year accuracy 46 / 112 met price target | 9%upside $58 | Overweight Maintained | 19 Mar 2025 |
Stephens & Co. Mike Scialla 40% 1-year accuracy 19 / 47 met price target | 11%upside $59 | Overweight Upgraded | 18 Mar 2025 |
Citigroup Scott Gruber 47% 1-year accuracy 34 / 72 met price target | 13%upside $60 | Buy Maintained | 17 Mar 2025 |
Financial journalist opinion
Based on 10 articles about EQT published over the past 30 days
Neutral
PRNewsWire
1 day ago
EQT Corporation Announces Expiration and Final Results of Exchange Offers and Consent Solicitations for EQM Midstream Partners, LP Notes
PITTSBURGH , March 31, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced the expiration and final results of the previously announced (i) offers by EQT to Eligible Holders (as defined below) to exchange (each, an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes (the "Existing EQM Notes") issued by EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, for up to $4,541,839,000 aggregate principal amount of new notes to be issued by EQT (the "New Notes") and cash and (ii) related solicitation of consents (each, a "Consent Solicitation" and collectively, the "Consent Solicitations") by EQM from Eligible Holders to adopt certain proposed amendments (the "Proposed Amendments") to each of the indentures governing the Existing EQM Notes (the "Existing EQM Indentures") that, if adopted, would eliminate substantially all of the restrictive covenants, certain events of default and certain other provisions currently contained in the Existing EQM Indentures. The Exchange Offers and Consent Solicitations expired at 5:00 p.m.
Neutral
PRNewsWire
1 week ago
EQT Announces Extension of Expiration Date for Exchange Offers and Consent Solicitations and Waiver of Consent Threshold Condition
PITTSBURGH , March 24, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced the extension of the expiration date of the previously announced (i) offers by EQT to Eligible Holders (as defined below) to exchange (each, an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes (the "Existing EQM Notes") issued by EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, for up to $4,541,839,000 aggregate principal amount of new notes to be issued by EQT (the "New Notes") and cash and (ii) related solicitation of consents (each, a "Consent Solicitation" and collectively, the "Consent Solicitations") by EQM from Eligible Holders to adopt certain proposed amendments (the "Proposed Amendments") to each of the indentures governing the Existing EQM Notes (the "Existing EQM Indentures") that, if adopted, would eliminate substantially all of the restrictive covenants, certain events of default and certain other provisions currently contained in the Existing EQM Indentures. The expiration date for the Exchange Offers and Consent Solicitations has been extended from 5:00 p.m.
Negative
Zacks Investment Research
1 week ago
Why Is EQT (EQT) Down 1.2% Since Last Earnings Report?
EQT (EQT) reported earnings 30 days ago. What's next for the stock?
Neutral
CNBC Television
2 weeks ago
Final Trades: Hubspot, EQT Corp and Starbucks
The Investment Committee give you their top stocks to watch for the second half.
Positive
Zacks Investment Research
2 weeks ago
Here's Why EQT Corp is Well-Poised for Strong Long-Term Gains
With a premier inventory, disciplined financial strategy and industry-leading operational efficiency, EQT stands out as the dominant force in U.S. natural gas production.
Negative
Zacks Investment Research
2 weeks ago
EQT Warns of Pipeline Capacity Constrains Amid Soaring LNG Demand
EQT Corporation mentions that production of natural gas has increased, however, the pipeline capacity is not enough to transport the commodity per the needs.
Neutral
PRNewsWire
3 weeks ago
EQT Announces Pricing of Tender Offer for 3.900% Senior Notes due 2027
PITTSBURGH , March 10, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced the consideration payable with respect to its previously announced tender offer (the "EQT Tender Offer") to purchase for cash EQT's outstanding 3.900% Senior Notes due 2027 (the "EQT Notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to an amount equal to the EQT Notes Tender Cap (as defined below). The following table sets forth some of the terms of the EQT Tender Offer, including the consideration payable: Title of Notes CUSIP Number Principal Amount Outstanding ReferenceU.S. TreasurySecurity ReferenceU.S. Treasury Yield Fixed Spread Early TenderPremium (1) TotalConsideration (1)(2) Principal Amount Accepted Approximate Proration Factor (3) 3.900%Senior Notesdue2027 26884LAF6 $1,169,503,000 4.125% U.S.TreasuryNotes dueJanuary 31, 2027 3.959 % +45 bps $50.00 $987.82 $233,345,000 25.4 % ___________ (1) Per $1,000 principal amount of EQT Notes accepted for purchase.
Neutral
PRNewsWire
3 weeks ago
Early Results of EQT Corporation's and EQM Midstream Partners, LP's Tender Offers and Consent Solicitation
PITTSBURGH , March 10, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced the early results of the previously announced (i) tender offer (the "EQM Tender Offer") by EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, to purchase for cash any and all of EQM's outstanding 6.500% Senior Notes due 2027 (the "EQM Notes") and related Consent Solicitation (as defined below), (ii) tender offer (the "EQT Tender Offer" and, together with the EQM Tender Offer, the "Tender Offers") by EQT to purchase for cash EQT's outstanding 3.900% Senior Notes due 2027 (the "EQT Notes" and, together with the EQM Notes, the "Notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to an amount equal to the EQT Notes Tender Cap (as defined below), and (iii) in conjunction with the EQM Tender Offer, solicitation of consents (the "Consent Solicitation") by EQM from holders of EQM Notes ("EQM Holders") to adopt certain proposed amendments (the "Proposed Amendments") to the indenture governing the EQM Notes (the "Existing EQM Indenture") that, if adopted, would eliminate substantially all of the restrictive covenants, certain events of default and certain other provisions currently contained in the Existing EQM Indenture. The terms and conditions of the Tender Offers and the Consent Solicitation are described in the Offer to Purchase and Consent Solicitation Statement, dated February 24, 2025 (as it may be amended or supplemented from time to time, the "Offer to Purchase and Consent Solicitation Statement") and remain unchanged.
Neutral
PRNewsWire
3 weeks ago
Results of Early Participation in Exchange Offers and Consent Solicitations for EQM Midstream Partners, LP Notes
PITTSBURGH , March 10, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced the early results of the previously announced (i) offers by EQT to Eligible Holders (as defined below) to exchange (each, an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes (the "Existing EQM Notes") issued by EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, for up to $4,541,839,000 aggregate principal amount of new notes to be issued by EQT (the "New Notes") and cash and (ii) related solicitation of consents (each, a "Consent Solicitation" and collectively, the "Consent Solicitations") by EQM from Eligible Holders to adopt certain proposed amendments (the "Proposed Amendments") to each of the indentures governing the Existing EQM Notes (the "Existing EQM Indentures") that, if adopted, would eliminate substantially all of the restrictive covenants, certain events of default and certain other provisions currently contained in the Existing EQM Indentures. The table below sets forth the principal amount of each series of Existing EQM Notes that have been validly tendered (and consents thereby validly delivered) as of 5:00 p.m.
Positive
Zacks Investment Research
3 weeks ago
Compared to Estimates, EQT (EQT) Q4 Earnings: A Look at Key Metrics
The headline numbers for EQT (EQT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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