EQT Corporation (EQT-N)
NYSE:EQT
46.11
5.98
(11.48%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
EQT Corporation is currently benefiting from strong demand for natural gas, particularly driven by the needs of data centers and the impact of cold weather. Recent reports indicate that EQT has exceeded expectations with a robust full-year forecast, highlighting its significant role in the market. Natural gas prices are on the rise, reaching 52-week highs, as colder conditions are projected for the winter season. The company is positioned well to leverage this spike in demand, especially as it continues to work off existing inventories and manage excess supply. Furthermore, there is bullish sentiment around natural gas, and EQT appears to be breaking out, attracting attention from investors who recognize the potential of this sector.
Our PAST TOP PICK with EQT has triggered its stop at $40. To remain disciplined, we recommend covering the position at this time. When combined with the previous recommendations, this will result in a net investment gain of 14%.
Energy has been the worst sector YTD and QTD, but he remains long energy. The fundamentals are in place. Natural gas is up 16% this quarter, though -70% from last year's high, but we seeing a bottoming in, which is why he bought EQT in the low-$30s and is approaching $40 now. Nat gas may be a better trade than crude oil.
This US Pennsylvania based natural gas producer recently reported revenue beat analyst expectations by 50% and its revenue is expected to grow another 28% annually for the next three years. It trades at 3x earnings, marginally over book value, and supports a 44% ROE. Cash reserves are growing, while debt is being retired. We recommend a stop-loss at $29.00, looking to achieve $44.50 -- upside potential of 23%. Yield 1.6%
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EQT Corporation(EQT-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
EQT Corporation(EQT-N) Frequently Asked Questions
What is EQT Corporation stock symbol?
EQT Corporation is a American stock, trading under the symbol EQT-N on the New York Stock Exchange (EQT). It is usually referred to as NYSE:EQT or EQT-N
Is EQT Corporation a buy or a sell?
In the last year, 3 stock analysts published opinions about EQT-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for EQT Corporation.
Is EQT Corporation a good investment or a top pick?
EQT Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for EQT Corporation.
Why is EQT Corporation stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is EQT Corporation worth watching?
3 stock analysts on Stockchase covered EQT Corporation In the last year. It is a trending stock that is worth watching.
What is EQT Corporation stock price?
On 2025-04-04, EQT Corporation (EQT-N) stock closed at a price of $46.11.
Natural gas is enjoying strong demand from data centres and the cold weather. EQT is a big player that reported a beat today with a solid full-year forecast. But what happens after this winter and with Trump's pro-drilling policy?