Market Cap
US$4.4b
Last Updated
2020/08/07 23:48 UTC
Data Sources
Company Financials +
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: EQT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
18.3%
EQT
3.3%
US Oil and Gas
2.5%
US Market
1 Year Return
42.0%
EQT
-34.6%
US Oil and Gas
16.3%
US Market
Return vs Industry: EQT exceeded the US Oil and Gas industry which returned -35% over the past year.
Return vs Market: EQT exceeded the US Market which returned 15.8% over the past year.
Shareholder returns
| EQT | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.3% | 3.3% | 2.5% |
| 30 Day | 29.0% | 5.1% | 5.6% |
| 90 Day | 22.7% | -4.2% | 16.4% |
| 1 Year | 43.2%42.0% | -31.4%-34.6% | 18.8%16.3% |
| 3 Year | -49.0%-72.7% | -31.3%-38.7% | 45.1%35.7% |
| 5 Year | -58.8%-78.1% | -33.3%-43.9% | 75.8%56.8% |
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
1 month ago | Simply Wall St
Does EQT (NYSE:EQT) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
Is EQT Corporation (NYSE:EQT) Trading At A 32% Discount?3 months ago | Simply Wall St
Have Insiders Been Buying EQT Corporation (NYSE:EQT) Shares?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: EQT ($17.17) is trading above our estimate of fair value ($7.42)
Significantly Below Fair Value: EQT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EQT is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: EQT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EQT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EQT is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (0.7x).
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: EQT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EQT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EQT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: EQT's revenue (4.4% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: EQT'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: EQT is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has EQT performed over the past 5 years?
-50.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQT is currently unprofitable.
Growing Profit Margin: EQT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EQT is unprofitable, and losses have increased over the past 5 years at a rate of 50.2% per year.
Accelerating Growth: Unable to compare EQT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EQT is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-33.3%).
Return on Equity
High ROE: EQT 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: EQT's short term assets ($1.5B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: EQT's short term assets ($1.5B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: EQT's debt to equity ratio (49%) is considered high.
Reducing Debt: EQT'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 EQT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EQT 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 EQT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EQT'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 EQT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EQT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EQT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EQT's dividend in 3 years as they are not forecast to pay a notable one for the US 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 US market ($USD5.74M).
Compensation vs Earnings: Insufficient data to compare Toby's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.08yrs | US$1.00 | 0.16% $ 6.9m | |
| Chief Information Officer | 1.08yrs | US$1.36m | 0.032% $ 1.4m | |
| Executive VP & General Counsel | 1.08yrs | US$636.58k | 0.069% $ 3.0m | |
| Chief Human Resources Officer | 1.08yrs | US$1.34m | 0.032% $ 1.4m | |
| Chief Financial Officer | 0.58yr | no data | no data | |
| Chief Accounting Officer | 0.75yr | no data | 0.012% $ 537.6k | |
| Investor Relations Director | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Corporate Secretary | 8.83yrs | no data | no data | |
| Controller of Shared Services | no data | no data | no data |
1.1yrs
Average Tenure
41yo
Average Age
Experienced Management: EQT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.08yrs | US$1.00 | 0.16% $ 6.9m | |
| Independent Director | 1.08yrs | US$141.00k | 0.0081% $ 354.6k | |
| Independent Director | 9.92yrs | US$294.83k | 0.0061% $ 268.6k | |
| Independent Director | 12.08yrs | US$287.35k | 0.010% $ 440.2k | |
| Independent Director | 1.08yrs | US$180.92k | 0.0041% $ 178.2k | |
| Independent Director | 1.08yrs | US$131.00k | no data | |
| Independent Director | 1.08yrs | US$135.73k | 0.0020% $ 86.0k | |
| Independent Chairman of the Board | 0.25yr | US$143.37k | 0.0020% $ 86.0k | |
| Independent Director | 1.08yrs | US$136.79k | 0.00020% $ 8.8k | |
| Director | 2.75yrs | US$270.17k | 0.086% $ 3.8m | |
| Independent Director | 1.75yrs | US$278.03k | 0.0022% $ 97.0k | |
| Independent Director | 1.08yrs | US$158.64k | no data |
1.1yrs
Average Tenure
63yo
Average Age
Experienced Board: EQT'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: EQT 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: EQT
- Exchange: NYSE
- Founded: 1925
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$4.389b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EQ6 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1964 |
| EQT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Mar 1964 |
| 0IDU | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/07 23:48 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.