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EQT

EQT Corporation

https://www.eqt.com

Industry

Oil & Gas Exploration & Production

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

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EQT Corporation (NYSE:EQT) has significantly outperformed the market over the past five years, delivering an average annual return of 27.64%. A $100 investment in EQT five years ago would now be worth $324.37, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 3:30 pm

Citigroup analyst Scott Gruber has reinstated a Neutral rating on EQT Corporation with a price target of $37.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:07 pm

On CNBC's 'Halftime Report Final Trades,' American Express, Tesla, and EQT Corporation were highlighted. American Express reported mixed Q2 results but raised its EPS outlook. Tesla's CEO discussed future humanoid robots in warfare. EQT posted better-than-expected Q2 results.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:33 pm

The CNBC Halftime Report highlighted final trades including Tesla, EQT Corp, and American Express. These companies were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 5:01 pm

Piper Sandler has downgraded EQT from Overweight to Neutral and lowered its price target from $43 to $32.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:44 am

Over the past three months, 8 analysts have evaluated EQT (NYSE:EQT) with varying opinions. The average 12-month price target is $44.38, slightly down from the previous $44.71. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting mixed sentiments. EQT's financial metrics show challenges in profitability and returns, despite notable revenue growth.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:01 pm

Wells Fargo has upgraded EQT (NYSE:EQT) from Equal-Weight to Overweight and raised the price target from $40 to $42.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:09 pm

EQT has entered into exclusive negotiations to acquire a majority stake in Eutelsat Group's Ground Station Infrastructure Business, valuing the new entity at an enterprise value of €790 million. The Ground Station Business includes approximately 1,400 antennas across more than 100 locations globally, serving Eutelsat Group, OneWeb, and other third-party customers. EQT plans to support the business through investments and M&A-driven growth.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:56 pm

U.S. natural gas prices are set to extend their gains for a fourth session due to lower-than-expected inventory builds and persistent heat. The United States Natural Gas Fund LP (NYSE:UNG) is tracking these gains. Major producers like EQT Corp. (NASDAQ:EQT) and Chesapeake Energy Corp. (NASDAQ:CHK) are planning to reduce output in response to low prices, which could help balance the market. Weather forecasts remain favorable for natural gas prices in the near term.

Portfolio Pulse from Piero Cingari

August 09, 2024 | 2:41 pm

EQT (NYSE:EQT) has significantly outperformed the market over the past 20 years, with an annualized return of 16.82%, compared to the market's 8.59%. A $1000 investment in EQT 20 years ago would be worth $22,333.43 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:00 pm

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