EQT (EQT)
(Real Time Quote from BATS)
$35.79 USD
-0.17 (-0.47%)
Updated Sep 24, 2024 02:41 PM ET
3-Hold of 5 3
C Value D Growth F Momentum D VGM
Company Summary
Headquartered in Pittsburgh, PA, EQT Corporation is predominantly engaged in the exploration and production of natural gas, with a primary emphasis on the Appalachian Basin, spanning Ohio, Pennsylvania and West Virginia. This basin has significantly fueled natural gas production growth in the United States. EQT Corp holds the position of being the largest natural gas producer in the domestic market based on average daily sales volumes.
Operating within the prolific gas basin, the company utilizes cutting-edge technologies such as horizontal drilling. Within the core Appalachian Basin, encompassing the Marcellus and Utica ...
Company Summary
Headquartered in Pittsburgh, PA, EQT Corporation is predominantly engaged in the exploration and production of natural gas, with a primary emphasis on the Appalachian Basin, spanning Ohio, Pennsylvania and West Virginia. This basin has significantly fueled natural gas production growth in the United States. EQT Corp holds the position of being the largest natural gas producer in the domestic market based on average daily sales volumes.
Operating within the prolific gas basin, the company utilizes cutting-edge technologies such as horizontal drilling. Within the core Appalachian Basin, encompassing the Marcellus and Utica shale plays, the company possesses numerous untapped high-quality oil and natural gas drilling sites, contributing to a positive production outlook.
As a prominent natural gas producer in the highly-productive Appalachian Basin, the company is strategically positioned to capitalize on the increasing demand for clean energy. Given that natural gas is a relatively cleaner-burning fossil fuel, leading to lower emissions, EQT actively pursues potential international buyers to market its reliable, low-emission natural gas globally.
In the face of significant demand, there has been a notable limitation in the supply of natural gas as a clean energy source. This is underscored by the fact that just four countries — the United States, Russia, Iran and Qatar — account for more than two-thirds (66%) of the world's economically-recoverable natural gas reserves. The United States, as the largest natural gas producer among them, presents substantial and enduring prospects for EQT Corp in the long term.
The company’s priorities also involve maximizing returns from capital investments and increasing shareholders’ returns while maintaining a strong balance sheet.
At the end of 2023, the company had total proved reserves of 27.6 trillion cubic feet equivalent (Tcfe), up 10% from the 2022 levels. In 2023, the company generated a total of 1.9 Tcfe of natural gas, with the commodity accounting for nearly 94% of overall volumes.
General Information
EQT Corporation
625 LIBERTY AVENUE SUITE 1700
PITTSBURGH, PA 15222
Phone: 412-553-5700
Fax: 412-553-5757
Web: http://www.eqt.com
Email: cameron.horwitz@eqt.com
Industry | Oil and Gas - Exploration and Production - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.16 |
Current Year EPS Consensus Estimate | 1.39 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 35.96 |
52 Week High | 45.23 |
52 Week Low | 30.02 |
Beta | 1.06 |
20 Day Moving Average | 5,939,941.00 |
Target Price Consensus | 42.48 |
4 Week | 8.35 |
12 Week | -1.99 |
YTD | -6.98 |
4 Week | 6.42 |
12 Week | -6.16 |
YTD | -22.42 |
Shares Outstanding (millions) | 441.60 |
Market Capitalization (millions) | 15,879.94 |
Short Ratio | NA |
Last Split Date | 9/2/2005 |
Dividend Yield | 1.75% |
Annual Dividend | $0.63 |
Payout Ratio | 0.41 |
Change in Payout Ratio | 0.23 |
Last Dividend Payout / Amount | 8/7/2024 / $0.16 |
Fundamental Ratios
P/E (F1) | 25.90 |
Trailing 12 Months | 23.66 |
PEG Ratio | NA |
vs. Previous Year | 52.94% |
vs. Previous Quarter | -109.76% |
vs. Previous Year | -6.50% |
vs. Previous Quarter | -32.55% |
Price/Book | 1.05 |
Price/Cash Flow | 5.49 |
Price / Sales | 2.84 |
6/30/24 | 4.52 |
3/31/24 | 4.57 |
12/31/23 | 7.12 |
6/30/24 | 2.68 |
3/31/24 | 2.66 |
12/31/23 | 4.03 |
6/30/24 | 0.73 |
3/31/24 | 0.88 |
12/31/23 | 0.99 |
6/30/24 | 0.73 |
3/31/24 | 0.88 |
12/31/23 | 0.99 |
6/30/24 | 11.97 |
3/31/24 | 11.35 |
12/31/23 | 13.69 |
6/30/24 | 12.45 |
3/31/24 | 10.96 |
12/31/23 | 25.12 |
6/30/24 | 12.49 |
3/31/24 | 11.57 |
12/31/23 | 30.45 |
6/30/24 | 34.25 |
3/31/24 | 34.36 |
12/31/23 | 35.93 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.33 |
3/31/24 | 0.32 |
12/31/23 | 0.37 |
6/30/24 | 24.64 |
3/31/24 | 24.40 |
12/31/23 | 27.13 |