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

Piper Sandler analyst Mark Lear maintains an Overweight rating on EQT (NYSE:EQT) and raises the price target from $46 to $47.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:32 am

EQT's short interest has risen by 14.73%, with 40.11 million shares sold short, representing 11.84% of its float. This is higher than the peer group average of 6.50%. It would take traders 5.03 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 6:45 pm

Shares of several oil and gas companies are trading higher due to a rise in crude prices, driven by potential demand and growing tension in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:51 pm

EQT (NYSE:EQT) has significantly outperformed the market over the past 20 years, delivering an average annual return of 17.85%. A $1000 investment in EQT 20 years ago would be worth $26,676.01 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 7:30 pm

Extreme heat waves across the U.S. are expected to drive up natural gas prices due to increased electricity demand for air conditioning. This trend is likely to benefit natural gas producers and related stocks. Key stocks to watch include EQT Corporation, Chesapeake Energy, Cheniere Energy, Canadian Natural Resources, Antero Resources, EOG Resources, Kinder Morgan, Diamondback Energy, ONEOK, and Vistra Corp.

Portfolio Pulse from Piero Cingari

June 19, 2024 | 6:12 pm

EQT AB is considering the sale of Karo Healthcare, a Swedish consumer-health business, potentially valued at over €2 billion. The private equity firm is working with Jefferies Financial Group Inc. to explore strategic options. The sale could attract interest from other financial investors.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:28 pm

In the last three months, 27 analysts have published ratings on EQT (NYSE:EQT), showing a range of perspectives from bullish to bearish. The average 12-month price target has risen to $42.78, with a high estimate of $60.00 and a low estimate of $27.00. Recent analyst actions include several rating raises and a few lowers, reflecting mixed sentiments. EQT has faced a -28.89% decline in revenue growth and has below-average net margin, ROE, and ROA compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:01 pm

Jefferies analyst Lloyd Byrne maintains a Buy rating on EQT (NYSE:EQT) and raises the price target from $43 to $48.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:55 pm

EQT (NYSE:EQT) has outperformed the market over the past 5 years with an average annual return of 17.27%, resulting in a $1000 investment growing to $2,234.53. The company currently has a market capitalization of $18.18 billion.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 8:00 pm

EQT's short interest has risen by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:00 pm

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