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

42.88

Mkt cap

25B

Volume

4.7M

High

43.43

P/E Ratio

56.95

52-wk high

44.28

Low

42.45

Div yield

0.02

52-wk low

30.02

EQT Corporation (NYSE:EQT) has received a mix of analyst ratings in the last quarter, with 2 bullish, 5 somewhat bullish, 1 indifferent, and 1 somewhat bearish ratings. The average 12-month price target among 9 analysts is $43.89, with a high of $53.00 and a low of $30.00. This target is a 6.62% decrease from the previous target of $47.00. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 5:00 pm

Citigroup analyst Paul Diamond has upgraded EQT Corporation (NYSE:EQT) from Neutral to Buy and set a price target of $46.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:48 pm

Energy stocks are trading lower due to a decline in oil prices, affecting companies like BKR, CNQ, COP, EOG, EQT, FTI, HAL, MPC, RIG, SLB, and YPF.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:42 pm

EQT Inc. (NYSE:EQT) shares dropped by 0.42% in the current session, trading at $38.20, and have fallen by 6.73% over the past month, despite a 4.24% rise over the past year. The company's P/E ratio of 5.25 is lower than the industry average of 9.15, suggesting potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 5:15 pm

EQT Corporation has joined the Oil and Gas Decarbonization Charter at COP28, signaling its commitment to climate action in the energy sector. This move aligns with global efforts to reduce carbon emissions and may influence the company's operations and strategies going forward.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:42 am

Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on EQT Corporation (NYSE:EQT) and increased the price target from $38 to $39.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 3:22 pm

Wells Fargo has reaffirmed its Overweight rating on EQT Corporation (NYSE:EQT) and increased its price target from $51.00 to $53.00. Despite the positive outlook, EQT's shares have fallen 1.3% in the last 24 hours to $39.50. The new price target suggests a potential upside of 34.18% from the current share price. EQT is a natural gas production company operating in the Marcellus and Utica shales in the Appalachian Basin, with all revenue generated in the U.S.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:00 pm

Wells Fargo analyst Nitin Kumar has maintained an Overweight rating on EQT Corporation (NYSE:EQT) and increased the price target from $51 to $53.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:00 pm

EQT Corporation's stock is trading lower following Piper Sandler's decision to maintain an Overweight rating but reduce the price target from $54 to $52.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:25 pm

EQT Corporation (NYSE:EQT) has received various analyst ratings over the last quarter, with 1 bullish, 5 somewhat bullish, 3 indifferent, and 1 somewhat bearish rating. The average 12-month price target from 10 analysts is $44.4, which is a 5.25% decrease from the previous target of $46.86. Analysts use various data sources to provide ratings and predictions for company performance.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 4:00 pm

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