Streetbeat News

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.

Open

52.80

Mkt cap

32B

Volume

7.6M

High

53.78

P/E Ratio

70.61

52-wk high

53.98

Low

52.37

Div yield

0.03

52-wk low

30.02

EQT Corporation will release its Q4 and year-end 2024 earnings on February 18, 2025, followed by a conference call on February 19, 2025.

Portfolio Pulse from

January 13, 2025 | 9:30 pm

EQT Corporation is highlighted for its strong production prospects due to its numerous prime drilling locations in a gas-rich region, suggesting a positive outlook for investors.

Portfolio Pulse from

January 10, 2025 | 2:45 pm

EQT's acquisition of Equitrans has significantly reduced its breakeven cost, providing a competitive advantage in the current weak natural gas pricing environment.

Portfolio Pulse from

January 02, 2025 | 9:15 am

EQT Corporation has completed the sale of its non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties Inc. for approximately $1.25 billion. The proceeds will be used to repay outstanding borrowings.

Portfolio Pulse from

December 31, 2024 | 9:30 pm

EQT Corp (NASDAQ:EQT) has completed a $3.5 billion cash deal to close its joint venture with Blackstone. Despite this, EQT's stock is down 0.7% to $46.26, reversing pre-market gains.

Portfolio Pulse from

December 31, 2024 | 3:30 pm

EQT Corporation has finalized a midstream joint venture with Blackstone Credit & Insurance, receiving $3.5 billion in cash for a non-controlling equity interest.

Portfolio Pulse from

December 30, 2024 | 9:30 pm

EQT Corporation is trading at a premium valuation due to its strong fundamentals and high growth expectations. However, there is some uncertainty surrounding the stock.

Portfolio Pulse from

December 18, 2024 | 3:30 pm

EQT has completed a public offering of 5,500,000 shares of Kodiak Gas Services, resulting in gross proceeds of $232,925,000. The offering was underwritten by Goldman Sachs & Co. LLC and J.P. Morgan.

Portfolio Pulse from

December 13, 2024 | 9:45 pm

EQT Private Capital Asia has completed the acquisition of PropertyGuru Group Limited, a leading property technology company in Southeast Asia, for USD 6.70 per share, valuing the company at approximately USD 1.1 billion.

Portfolio Pulse from

December 13, 2024 | 4:00 pm

Jim Cramer highlights four large-cap dividend stocks as attractive buys for December. Dividends have historically contributed significantly to S&P 500 returns.

Portfolio Pulse from

December 06, 2024 | 3:30 pm

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