EQT Corp
About: EQT Corp is an independent natural gas production company with operations focused in the Marcellus and Utica shale plays in the Appalachian Basin. At year-end 2023, EQT's proven reserves totaled 27.6 trillion cubic feet equivalent, with net production of 5.79 billion cubic feet equivalent per day. Natural gas accounted for 94% of production.
Employees: 881
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
257% more repeat investments, than reductions
Existing positions increased: 400 | Existing positions reduced: 112
86% more funds holding in top 10
Funds holding in top 10: 14 [Q2] → 26 (+12) [Q3]
70% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 90
31.67% more ownership
Funds ownership: 103.96% [Q2] → 135.62% (+31.67%) [Q3]
29% more capital invested
Capital invested by funds: $17B [Q2] → $21.9B (+$4.97B) [Q3]
10% more funds holding
Funds holding: 660 [Q2] → 723 (+63) [Q3]
7% more call options, than puts
Call options by funds: $378M | Put options by funds: $354M
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
21%
downside
Avg. target
$46
6%
upside
High target
$57
33%
upside
12 analyst ratings
6 positive
50%
6 neutral
50%
0 negative
0%
Mizuho Nitin Kumar 19% 1-year accuracy 15 / 79 met price target | 33%upside $57 | Outperform Upgraded | 16 Dec 2024 |
Citigroup Scott Gruber 41% 1-year accuracy 27 / 66 met price target | 19%upside $51 | Buy Maintained | 6 Dec 2024 |
Bernstein Bob Brackett 0% 1-year accuracy 0 / 5 met price target | 16%upside $50 | Market Perform Initiated | 6 Dec 2024 |
RBC Capital Scott Hanold 35% 1-year accuracy 15 / 43 met price target | 14%upside $49 | Sector Perform Reinstated | 3 Dec 2024 |
Truist Securities Neal Dingmann 33% 1-year accuracy 47 / 141 met price target | 5%downside $41 | Hold Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 21 articles about EQT published over the past 30 days
Positive
Zacks Investment Research
3 days ago
EQT Trades at Premium Valuation: Should You Bet on the Stock Now?
EQT's strong fundamentals drive premium valuations with high growth expectations, but there remains some uncertainty.
Positive
Zacks Investment Research
5 days ago
Record Withdrawal Spurs Natural Gas' Weekly Price Surge
Despite natural gas' inherent volatility, investors would be wise to focus on stocks such as LNG, CTRA and EQT.
Neutral
PRNewsWire
1 week ago
Early Results and Upsizing of EQM Midstream Partners, LP's Tender Offer and Consent Solicitation for Certain of its Senior Notes
PITTSBURGH , Dec. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its subsidiaries, the "Company") today announced the early results and upsizing of the previously announced tender offer (the "Tender Offer") by its indirect wholly owned subsidiary, EQM Midstream Partners, LP ("EQM"), to purchase for cash EQM's outstanding 6.500% Senior Notes due 2048 (the "2048 Notes"), 5.500% Senior Notes due 2028 (the "2028 Notes"), 4.50% Senior Notes due 2029 (the "2029 Notes") and 7.500% Senior Notes due 2030 (the "2030 Notes" and, collectively with the 2048 Notes, the 2028 Notes and the 2029 Notes, the "Notes") and the early results of the related Consent Solicitation (as defined below) with respect to the 2028 Notes and the 2048 Notes. EQM has amended the Tender Offer to increase the maximum aggregate purchase price, excluding accrued and unpaid interest, for Notes that may be purchased from $1.275 billion to $1.3 billion (the "Maximum Aggregate Purchase Price").
Neutral
Zacks Investment Research
1 week ago
Weekly Natural Gas Prices Sink as Storage Draw Disappoints
Investors would be wise to focus on resilient natural stocks such as LNG, CTRA and EQT.
Positive
24/7 Wall Street
2 weeks ago
Jim Cramer Says 4 Large Cap Dividend Stocks Are Sizzling December Buys
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%.
Neutral
CNBC Television
2 weeks ago
Final Trades: Uber, Workday, EQT Corp and the IYF
The Investment Committee give you their top stocks to watch for the second half.
Positive
Zacks Investment Research
2 weeks ago
Cheniere's FERC Nod & APA's Partnership Lead Oil & Gas Stock Roundup
LNG, APA, EQT, XOM and BP emerge as the energy headline makers during the week.
Positive
24/7 Wall Street
2 weeks ago
“Drill, Baby, Drill!” Stocks to Watch
When asked about what he plans to do when he takes office, President Trump's two priorities were to close the border with Mexico and “Drill, Baby, Drill!
Positive
CNBC Television
2 weeks ago
Jim Cramer looks back at the S&P 500s top performing stocks in November
'Mad Money' host Jim Cramer looks at November's top performing S&P 500 stocks and which could continue to perform into the new year.
Positive
CNBC
2 weeks ago
Jim Cramer lists 10 stocks likely to perform well in December
CNBC's Jim Cramer listed ten stocks he thinks will do well in December. Cramer said winners from November usually continue to perform during the last month of the year.
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