DB:EQ6

Stock Analysis Report

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Executive Summary

EQT Corporation operates as a natural gas production company in the United States.


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has EQT's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EQ6's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.3%

EQ6

7.7%

DE Oil and Gas

2.6%

DE Market


1 Year Return

23.4%

EQ6

56.2%

DE Oil and Gas

8.1%

DE Market

Return vs Industry: EQ6 underperformed the German Oil and Gas industry which returned 50% over the past year.

Return vs Market: EQ6 exceeded the German Market which returned 6.4% over the past year.


Shareholder returns

EQ6IndustryMarket
7 Day15.3%7.7%2.6%
30 Day15.3%4.5%0.6%
90 Day8.8%32.7%11.5%
1 Year24.4%23.4%60.2%56.2%10.5%8.1%
3 Year-73.6%-74.1%25.6%14.1%6.3%-2.1%
5 Year-80.1%-80.6%173.1%132.4%15.2%-0.3%

Price Volatility Vs. Market

How volatile is EQT's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is EQT undervalued compared to its fair value and its price relative to the market?

0.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EQ6 (€13.6) is trading above our estimate of fair value (€6.13)

Significantly Below Fair Value: EQ6 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EQ6 is unprofitable, so we can't compare its PE Ratio to the XE Oil and Gas industry average.

PE vs Market: EQ6 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EQ6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EQ6 is good value based on its PB Ratio (0.5x) compared to the DE Oil and Gas industry average (1.2x).


Next Steps

Future Growth

How is EQT forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

48.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQ6 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EQ6 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EQ6 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: EQ6's revenue (4.4% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: EQ6's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EQ6 is forecast to be unprofitable in 3 years.


Next Steps

  • Explore growth companies in the Energy industry.

Past Performance

How has EQT performed over the past 5 years?

-50.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQ6 is currently unprofitable.

Growing Profit Margin: EQ6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EQ6 is unprofitable, and losses have increased over the past 5 years at a rate of 50.2% per year.

Accelerating Growth: Unable to compare EQ6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EQ6 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.8%).


Return on Equity

High ROE: EQ6 has a negative Return on Equity (-20.85%), as it is currently unprofitable.


Next Steps

Financial Health

How is EQT's financial position?


Financial Position Analysis

Short Term Liabilities: EQ6's short term assets ($1.5B) do not cover its short term liabilities ($1.6B).

Long Term Liabilities: EQ6's short term assets ($1.5B) do not cover its long term liabilities ($7.0B).


Debt to Equity History and Analysis

Debt Level: EQ6's debt to equity ratio (49%) is considered high.

Reducing Debt: EQ6's debt to equity ratio has increased from 43% to 49% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EQ6 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EQ6 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.6% per year.


Next Steps

Dividend

What is EQT current dividend yield, its reliability and sustainability?

0.14%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EQ6's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EQ6's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EQ6's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EQ6's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EQ6 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EQ6's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Toby Rice (38 yo)

1.08yrs

Tenure

US$1

Compensation

Mr. Toby Z. Rice serves as the President and Chief Executive Officer of EQT Corporation since July 10, 2019. He is Partner of Rice Investment Group. Mr. Rice serves as Director at Cold Bore Technology Inc. ...


CEO Compensation Analysis

Compensation vs Market: Toby's total compensation ($USD1.00) is below average for companies of similar size in the German market ($USD2.52M).

Compensation vs Earnings: Insufficient data to compare Toby's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Toby Rice
President1.08yrsUS$1.000.16%
$ 5.5m
Richard Duran
Chief Information Officer1.08yrsUS$1.36m0.032%
$ 1.1m
William Jordan
Executive VP & General Counsel1.08yrsUS$636.58k0.069%
$ 2.4m
Lesley Evancho
Chief Human Resources Officer1.08yrsUS$1.34m0.032%
$ 1.1m
David Khani
Chief Financial Officer0.58yrno datano data
Todd James
Chief Accounting Officer0.75yrno data0.012%
$ 434.1k
Andrew Breese
Investor Relations Directorno datano datano data
Michael Laffin
Vice President of Communicationsno datano datano data
Nicole H. Yohe
Corporate Secretary8.83yrsno datano data
Phillip Swisher
Controller of Shared Servicesno datano datano data

1.1yrs

Average Tenure

41yo

Average Age

Experienced Management: EQ6's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Toby Rice
President1.08yrsUS$1.000.16%
$ 5.5m
James McManus
Independent Director1.08yrsUS$141.00k0.0081%
$ 286.3k
Stephen Thorington
Independent Director9.92yrsUS$294.83k0.0061%
$ 216.9k
Philip Behrman
Independent Director12.08yrsUS$287.35k0.010%
$ 355.4k
John McCartney
Independent Director1.08yrsUS$180.92k0.0041%
$ 143.9k
Lee Canaan
Independent Director1.08yrsUS$131.00kno data
Hallie Vanderhider
Independent Director1.08yrsUS$135.73k0.0020%
$ 69.5k
Lydia Beebe
Independent Chairman of the Board0.25yrUS$143.37k0.0020%
$ 69.5k
Kathryn Jackson
Independent Director1.08yrsUS$136.79k0.00020%
$ 7.1k
Daniel Rice
Director2.75yrsUS$270.17k0.086%
$ 3.0m
Anita Powers
Independent Director1.75yrsUS$278.03k0.0022%
$ 78.3k
Janet Carrig
Independent Director1.08yrsUS$158.64kno data

1.1yrs

Average Tenure

63yo

Average Age

Experienced Board: EQ6's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EQ6 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EQT Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EQT Corporation
  • Ticker: EQ6
  • Exchange: DB
  • Founded: 1925
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$4.177b
  • Listing Market Cap: US$3.543b
  • Shares outstanding: 255.60m
  • Website: https://www.eqt.com

Number of Employees


Location

  • EQT Corporation
  • EQT Plaza
  • Suite 1700
  • Pittsburgh
  • Pennsylvania
  • 15222
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EQ6DB (Deutsche Boerse AG)YesCommon StockDEEURMar 1964
EQTNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1964
0IDULSE (London Stock Exchange)YesCommon StockGBUSDMar 1964

Biography

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2019, it had 17.5 trillion ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 21:04
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.