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EQT NYSE:EQT Stock Report

Last Price

US$46.59

Market Cap

US$26.4b

7D

6.2%

1Y

20.5%

Updated

30 Dec, 2024

Data

Company Financials +

EQT Corporation

NYSE:EQT Stock Report

Market Cap: US$26.4b

EQT Stock Overview

Operates as a natural gas production company in the United States. More details

EQT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health0/6
Dividends2/6

Rewards

Trading at 61% below our estimate of its fair value

Earnings are forecast to grow 44.75% per year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Profit margins (6.8%) are lower than last year (47.7%)

+ 1 more risk

My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 24 Analysts

Vertical Integration And Net Zero Emissions Will Position Natural Gas Producer To Capitalize On Future Demand

Key Takeaways Acquisition of Equitrans Midstream boosts EQT's revenue potential and net margins through vertical integration and operational efficiencies. EQT's achievement of net zero emissions enhances ESG valuation, while strategic positioning supports future revenue via increased natural gas demand.
View narrative
US$47.06
FV
1.0% undervalued intrinsic discount
17.64%
Revenue growth p.a.
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8users have followed this narrative
5 days ago author updated this narrative

EQT Corporation Competitors

Expand Energy

NasdaqGS:EXE

US$22.3b

Devon Energy

NYSE:DVN

US$20.5b

Texas Pacific Land

NYSE:TPL

US$26.3b

Coterra Energy

NYSE:CTRA

US$18.2b

Price History & Performance

Summary of share price highs, lows and changes for EQT
Historical stock prices
Current Share PriceUS$46.59
52 Week HighUS$48.02
52 Week LowUS$30.02
Beta1.13
1 Month Change2.53%
3 Month Change28.52%
1 Year Change20.51%
3 Year Change113.52%
5 Year Change345.41%
Change since IPO4,865.52%

Recent News & Updates

EQT (NYSE:EQT) Takes On Some Risk With Its Use Of Debt

Dec 12
EQT (NYSE:EQT) Takes On Some Risk With Its Use Of Debt

What EQT Corporation's (NYSE:EQT) 28% Share Price Gain Is Not Telling You

Nov 21
What EQT Corporation's (NYSE:EQT) 28% Share Price Gain Is Not Telling You

Recent updates

EQT (NYSE:EQT) Takes On Some Risk With Its Use Of Debt

Dec 12
EQT (NYSE:EQT) Takes On Some Risk With Its Use Of Debt

What EQT Corporation's (NYSE:EQT) 28% Share Price Gain Is Not Telling You

Nov 21
What EQT Corporation's (NYSE:EQT) 28% Share Price Gain Is Not Telling You

Shaky Earnings May Not Tell The Whole Story For EQT (NYSE:EQT)

Nov 06
Shaky Earnings May Not Tell The Whole Story For EQT (NYSE:EQT)

EQT: With Risks From The Debt, New Deals Could Push The Price

Oct 30

EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575

Oct 30
EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575

EQT (NYSE:EQT) Is Paying Out A Dividend Of $0.1575

Oct 14
EQT (NYSE:EQT) Is Paying Out A Dividend Of $0.1575

Is EQT Corporation (NYSE:EQT) Trading At A 49% Discount?

Sep 19
Is EQT Corporation (NYSE:EQT) Trading At A 49% Discount?

Buying EQT Stock On Solid Internals And A Favorable External Market Outlook

Sep 19

Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden

Sep 04
Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden

EQT: This Quarter May Mark A Stock Price And Earnings Bottom

Jul 24

EQT (NYSE:EQT) Has Announced A Dividend Of $0.1575

Jul 22
EQT (NYSE:EQT) Has Announced A Dividend Of $0.1575

Shareholders Should Be Pleased With EQT Corporation's (NYSE:EQT) Price

Jul 15
Shareholders Should Be Pleased With EQT Corporation's (NYSE:EQT) Price

Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden

May 24
Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden

EQT: Cementing Position As Low-Cost Gas Producer (Raising Target Price)

May 08

We Think That There Are More Issues For EQT (NYSE:EQT) Than Just Sluggish Earnings

May 01
We Think That There Are More Issues For EQT (NYSE:EQT) Than Just Sluggish Earnings

EQT's (NYSE:EQT) Dividend Will Be $0.1575

Apr 24
EQT's (NYSE:EQT) Dividend Will Be $0.1575

EQT Corporation: Equitrans Deal A Strong Positive Commercially

Apr 15

EQT Looks To Lower Breakeven Costs With Equitrans Deal

Mar 26

Benign Growth For EQT Corporation (NYSE:EQT) Underpins Its Share Price

Mar 26
Benign Growth For EQT Corporation (NYSE:EQT) Underpins Its Share Price

EQT Corp.: Surprise, It Is Not Absolute Storage Levels That Matter

Feb 15

EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575

Feb 13
EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575

Here's Why EQT (NYSE:EQT) Can Manage Its Debt Responsibly

Feb 11
Here's Why EQT (NYSE:EQT) Can Manage Its Debt Responsibly

Do EQT's (NYSE:EQT) Earnings Warrant Your Attention?

Jan 04
Do EQT's (NYSE:EQT) Earnings Warrant Your Attention?

EQT Corp.: Weakness In Natural Gas Makes Shares Vulnerable

Dec 06

EQT Continues To Be A Strong Play On A Natural Gas Price Rebound

Nov 08

EQT: Strong Value Potential In Healthy Natural Gas Market

Oct 07

EQT: Short-Term Expansion Yields Long-Term Cashflows For This Cheap Pureplay

Sep 11

EQT Corporation: Getting The Gas Out Of The Basin

Sep 01

Shareholder Returns

EQTUS Oil and GasUS Market
7D6.2%1.3%0.6%
1Y20.5%5.2%23.7%

Return vs Industry: EQT exceeded the US Oil and Gas industry which returned 5.2% over the past year.

Return vs Market: EQT underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is EQT's price volatile compared to industry and market?
EQT volatility
EQT Average Weekly Movement5.1%
Oil and Gas Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: EQT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EQT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1878881Toby Ricewww.eqt.com

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.

EQT Corporation Fundamentals Summary

How do EQT's earnings and revenue compare to its market cap?
EQT fundamental statistics
Market capUS$26.45b
Earnings (TTM)US$314.24m
Revenue (TTM)US$4.62b

88.5x

P/E Ratio

6.0x

P/S Ratio

Is EQT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EQT income statement (TTM)
RevenueUS$4.62b
Cost of RevenueUS$2.30b
Gross ProfitUS$2.33b
Other ExpensesUS$2.01b
EarningsUS$314.24m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin50.35%
Net Profit Margin6.80%
Debt/Equity Ratio67.3%

How did EQT perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

93%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:48
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

EQT Corporation is covered by 59 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HallBaird
Richard GrossBarclays
Phillip JungwirthBMO Capital Markets Equity Research