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

CNBC's Halftime Report discussed final trades including Humana, FLEX LNG Ltd., EQT Corp, and CrowdStrike. The stocks of these companies were mentioned as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:00 pm

Energy stocks are trading higher as oil prices rebound after recent weakness. The stocks mentioned include AR, BP, CHK, CRK, CTRA, EOG, EQT, FANG, OXY, RRC.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 5:00 pm

Shares of oil, gas and energy services stocks are trading lower due to a drop in oil prices. The stocks mentioned include APA, CHK, DVN, EC, ENB, EQT, FANG, MRO, OVV, OXY, PTEN, PXD, TPL, TRP, TS.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:32 pm

Over the past 3 months, 16 analysts have published their opinion on EQT (NYSE:EQT) stock. The average price target is $42.0, implying an upside from the current price of $40.0412. The average price target has increased by 3.22% over the past month.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 4:00 pm

Truist Securities analyst Neal Dingmann has reiterated a 'Hold' rating on EQT (NYSE:EQT) and maintained a price target of $39.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:53 pm

EQT Corporation has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwealth LNG's facility in Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms are subject to negotiation. Commonwealth anticipates a final investment decision in Q1 2024, with first cargo deliveries expected in 2027. This move is part of EQT's risk-adjusted LNG strategy to diversify production to international markets.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:20 pm

Mizuho analyst Nitin Kumar has maintained a 'Buy' rating on EQT (NYSE:EQT) but lowered the price target from $52 to $47.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:29 pm

Over the last quarter, EQT (NYSE:EQT) has received 1 bullish, 5 somewhat bullish, and 8 indifferent ratings from analysts. The average price target for EQT is $42.43, slightly above its current price of $42.2. This average target has increased by 6.29% from the previous average of $39.92.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 6:00 pm

Truist Securities analyst Neal Dingmann has maintained a 'Hold' rating on EQT (NYSE:EQT) and raised the price target from $35 to $39.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:10 pm

Strikes at Chevron Corp.'s Australian Liquefied Natural Gas (LNG) export facilities have disrupted 7% of the global LNG supply, causing a surge in natural gas prices. The strikes come after failed negotiations with unions. The facilities primarily serve Asia, and prolonged strikes could further disrupt operations and affect prices worldwide. Natural gas prices have already risen, with the European Dutch TFF benchmark surging over 10% and the Henry Hub natural gas price in the US rising 2%. Shares of major US natural gas exporting companies, including Cheniere Energy Inc., Antero Resources, Devon Energy Corp., EQT Corp., and Southwestern Energy Co., have also seen increases.

Portfolio Pulse from Piero Cingari

September 08, 2023 | 3:02 pm

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