EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin. It also provides marketing services and contractual pipeline capacity management services, as well as involved in risk management and hedging activities. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.
Gas Giant's Ascent | EQT Corporation, a leading Appalachian natural gas producer, shows robust growth with a 26% year-to-date stock increase, outpacing the S&P 500 index. |
Strategic Maneuvers | Explore EQT's power supply deal and midstream projects, projected to generate $250 million in free cash flow by 2029, showcasing long-term value creation. |
Market Dynamics | Delve into the natural gas sector's favorable macro tailwinds, including increasing LNG demand and AI-related energy requirements, positioning EQT for growth. |
Future Prospects | Analysts set price targets ranging from $49 to $68, reflecting varied outlooks on EQT's potential amid evolving energy landscapes and operational efficiencies. |
Metrics to compare | EQT | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipEQTPeersSector | |
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P/E Ratio | 28.6x | 13.6x | 5.0x | |
PEG Ratio | 1.38 | −0.40 | 0.00 | |
Price/Book | 1.5x | 0.8x | 1.1x | |
Price / LTM Sales | 4.6x | 0.9x | 1.2x | |
Upside (Analyst Target) | 22.2% | 16.1% | 22.8% | |
Fair Value Upside | Unlock | 26.4% | 8.3% | Unlock |