He stopped out of this. The mild winter weather in the U.S. and Europe has meant lower nat gas prices. He expects the price to be in the range of $2-5 going forward. Instead of nat gas, lean towards oil.
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
In the last year, 4 stock analysts published opinions about EQT-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for EQT Corporation.
EQT Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for EQT Corporation.
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.
4 stock analysts on Stockchase covered EQT Corporation In the last year. It is a trending stock that is worth watching.
On 2023-06-02, EQT Corporation (EQT-N) stock closed at a price of $36.55.
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%
(Analysts’ price target is $44.32)