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EQT

39.93USD-1.59(-3.83%)Market Closed

EQT Corp

Market Summary

USD39.93-1.59Market Closed
-3.83%

EQT Alerts

EQT Stock Price

RSI Chart

Valuation

Market Cap

14.3B

Price/Earnings

7.64

Price/Sales

1.16

Price/Cashflow

4.01

MarketCap/EBT

5.78

Price/Sales

Profitability

EBT Margin

20.03%

Return on Equity

19.4%

Return on Assets

8.31%

Fundamentals

Revenue

Revenue (TTM)

12.4B

Revenue Y/Y

107.07%

Revenue Q/Q

9.78%

Earnings

Earnings (TTM)

1.9B

Earnings Y/Y

134.53%

Earnings Q/Q

-23.3%

Price Action

52 Week Range

18.2951.79
(Low)(High)

Last 7 days

-7.2%

Last 30 days

-1%

Last 90 days

-15.3%

Trailing 12 Months

118.8%

Financial Health

Current Ratio

0.59

Debt/Equity

0.49

Debt/Cashflow

0.75

Investor Care

Dividend Yield

1.42%

Dividend/Share (TTM)

0.55

Buy Backs (1Y)

2.88%

Diluted EPS (TTM)

5.99

Peers (Alternatives to EQT)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.0B
19.0B
6.15% 28.45%
15.9
2.1
24.48% 43.39%
39.8B
11.3B
5.81% 33.46%
25.4
3.7
19.34% 98.02%
38.7B
81.8B
3.60% 62.62%
9.32
0.47
56.97% 1.44%
28.8B
13.1B
0.24% 51.94%
20.75
2.2
91.66% 28.14%
26.7B
22.8B
13.78% 17.71%
16.92
1.25
66.36% 16.93%
14.3B
12.4B
-1.00% 118.76%
7.64
1.16
155.47% 164.89%
11.3B
2.5B
-6.97% 109.31%
54.02
5.54
201.33% 624.81%
MID-CAP
8.2B
13.9B
2.46% 58.64%
9.89
0.59
79.42% 279.91%
3.5B
1.2B
1.50% -9.50%
-2.69
2.82
-13.10% -707.44%
2.4B
1.7B
16.16% 51.19%
5.88
1.67
95.71% 305.30%
SMALL-CAP
635.9M
-
-12.39% 55.22%
-8.9
4.82
-44.56% -328.85%
582.1M
404.2M
19.84% 54.87%
15.22
1.44
-0.37% 2.52%
202.8M
383.1M
3.98% -33.31%
-1.71
0.51
-3.70% -259.29%
149.0M
39.3M
-10.00% -18.18%
-6.04
4.57
815.72% 30.96%

Financials for EQT

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue18.3%12,35710,4478,1606,8044,837
  S&GA Expenses7.9%248230220196184
Earnings Before Taxes345.6%2,475-1,007.47-3,489.56-1,569.54-3,912.21
Net Income337.0%1,873-790.46-2,615.08-1,142.75-2,887.12
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.4%22,54122,62221,81521,60723,012
  Current Assets-4.5%3,9024,0863,0262,2873,341
    Cash Equivalents100.1%88441711423
  Net PPE-0.4%18,13218,20218,29618,41918,781
Liabilities-4.8%12,88313,53213,60911,63614,752
  Current Liabilities-7.7%6,6387,1907,6055,1867,228
  Long Term Debt-5.4%4,7695,0425,485--
    LT Debt, Current-4.3%4224414941,06112
    LT Debt, Non Current-5.5%4,3474,6014,530--
Shareholder's Equity6.6%9,6599,0618,1899,9558,248
  Retained Earnings66.0%-299.58-880.13-1,725.28-94.40-1,908.83
Accumulated Depreciation4.8%8,8478,4388,0097,5977,110
Shares Outstanding-1.1%370374357--
Minority Interest37.1%4029171611
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations44.6%3,5732,4712,2841,662898
  Share Based Compensation13.4%4136292825
Cashflow From Investing27.8%-1,375.02-1,905.53-2,116.00-2,072.74-2,647.95
Cashflow From Financing-150.3%-2,132.93-852.19-191.505061,759
  Dividend Payments98.2%934700
  Buy Backs23.5%283229229130
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on EQT?

98.1%


Probability that EQT stock will be more than 20% underwater in next one year

56.1%


Probability that EQT stock will be more than 30% underwater in next one year.

45%


Probability that EQT stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EQT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if EQT was unfortunately bought at previous high price.

Returns

Cumulative Returns on EQT

2.9%


10-Year Cumulative Returns

4.9%


7-Year Cumulative Returns

5.1%


5-Year Cumulative Returns

68.8%


3-Year Cumulative Returns

What are the long-term rolling returns for EQT?

FIve years rolling returns for EQT.

Which funds bought or sold EQT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
152.22
656,000
986,000
0.04%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
315,000
315,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,115,000
2,115,000
0.03%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.69
2,999,000
22,638,000
0.04%
2022-11-18
CastleArk Alternatives, LLC
UNCHANGED
-
103,000
656,000
5.62%
2022-11-18
National Pension Service
NEW
-
20,235,000
20,235,000
0.04%
2022-11-18
D L CARLSON INVESTMENT GROUP INC
REDUCED
-39.17
-1,669,000
4,305,000
0.94%
2022-11-17
M&T Bank Corp
REDUCED
-22.37
-57,000
656,000
-%
2022-11-17
CENTRAL TRUST Co
ADDED
5.87
15,000
74,000
-%
2022-11-16
Neo Ivy Capital Management
ADDED
423.53
43,000
51,000
0.13%

1–10 of 40

Latest Funds Activity

Are funds buying EQT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own EQT

EQT News

Investor's Business Daily

Investing Action Plan: Blue Chips, China Stocks On Radar As Dow Eyes 35000.15 hours ago

EQT Fair Value

EQT fair value in different scenarios

The table shows the Fair Value estimates for EQT for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

13.55

-66.07%

24.36

-38.99%

64.48

61.48%

97.20

143.43%

172.62

332.31%

Current Inflation

12.81

-67.92%

22.35

-44.03%

57.10

43.00%

85.39

113.85%

150.09

275.88%

Very High Inflation

11.90

-70.20%

19.93

-50.09%

48.45

21.34%

71.58

79.26%

123.97

210.47%

Historical EQT Fair Value Estimates


Recent SEC filings of EQT

View All Filings
Date Filed Form Type Document
Nov 14, 2022
4
Insider Trading
Nov 09, 2022
8-K
Current Report
Nov 09, 2022
4/A
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 01, 2022
8-K
Current Report
Oct 27, 2022
10-Q
Quarterly Report
Oct 26, 2022
8-K
Current Report
Oct 11, 2022
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for EQT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-10
Evancho Lesley
SOLD
-414,003
42.1549
-9,821
CHIEF HUMAN RESOURCES OFFICER
2022-11-09
Jordan William E.
SOLD
-4,104,130
41.5469
-98,783
EVP, GC AND CORP SEC
2022-11-04
James Todd
SOLD FOR TAXES
-499,861
41.08
-12,168
CHIEF ACCOUNTING OFFICER
2022-11-01
Jordan William E.
SOLD
-4,100,360
41.5088
-98,783
EVP, GC AND CORP SEC
2022-09-06
Evancho Lesley
SOLD (Taxes)
-5,371.96
46.31
-116
CHIEF HUMAN RESOURCES OFFICER
2022-09-06
Duran Richard A
SOLD (Taxes)
-4,816.24
46.31
-104
CHIEF INFORMATION OFFICER
2022-08-08
Duran Richard A
SOLD (Taxes)
-1,299,400
41.34
-31,432
CHIEF INFORMATION OFFICER
2022-08-08
Evancho Lesley
SOLD (Taxes)
-1,458,720
41.34
-35,286
CHIEF HUMAN RESOURCES OFFICER
2022-07-11
Jordan William E.
SOLD (Taxes)
-1,005,560
34.56
-29,096
EVP, GC AND CORP SEC
2022-05-03
Jackson Kathryn Jean
SOLD
-489,789
42.34
-11,568
-

1–10 of 50

Toby Z. Rice
690
EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

EQT Income Statement

2022-09-30
STATEMENTS OF CONDENSED CONSOLIDATED OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:    
Sales of natural gas, natural gas liquids and oil$ 3,694,194$ 1,784,050$ 9,546,029$ 3,992,905
Loss on derivatives(1,627,296)(3,257,237)(5,550,028)(4,791,582)
Total operating revenues2,069,463(1,464,838)4,017,861(775,031)
Operating expenses:    
Transportation and processing541,092494,8971,596,9001,404,697
Production81,78557,823235,353152,599
Exploration35720,4952,87023,223
Selling, general and administrative67,23149,113195,603143,972
Depreciation and depletion418,695442,8761,269,9361,200,280
Gain on sale/exchange of long-lived assets(265)(391)(2,455)(18,414)
Impairment of contract asset00184,9450
Impairment and expiration of leases20,49741,10997,53683,500
Other operating expenses15,48538,76638,95253,434
Total operating expenses1,144,8771,144,6883,619,6403,043,291
Operating income (loss)924,586(2,609,526)398,221(3,818,322)
(Income) loss from investments(2,877)(43,184)14,331(66,861)
Dividend and other income(157)(4,260)(11,066)(11,329)
Loss on debt extinguishment27,8140139,0859,756
Interest expense60,13875,509194,025218,236
Income (loss) before income taxes839,668(2,637,591)61,846(3,968,124)
Income tax expense (benefit)152,206(661,380)(5,257)(1,020,650)
Net income (loss)687,462(1,976,211)67,103(2,947,474)
Less: Net income attributable to noncontrolling interests3,7926018,12025
Net income (loss) attributable to EQT Corporation$ 683,670$ (1,976,812)$ 58,983$ (2,947,499)
Income (loss) per share of common stock attributable to EQT Corporation:    
Weighted average common stock outstanding - Basic (in shares)369,987356,792371,308304,961
Net income (loss) - Basic (in dollars per share)$ 1.85$ (5.54)$ 0.16$ (9.67)
Weighted average common stock outstanding - Diluted (in shares)403,889356,792377,028304,961
Net income (loss) - Diluted (in dollars per share)$ 1.69$ (5.54)$ 0.16$ (9.67)
Sales of natural gas, natural gas liquids and oil    
Operating revenues:    
Sales of natural gas, natural gas liquids and oil$ 3,694,194$ 1,784,050$ 9,546,029$ 3,992,905
Net marketing services and other    
Operating revenues:    
Net marketing services and other$ 2,565$ 8,349$ 21,860$ 23,646

EQT Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 87,541$ 113,963
Accounts receivable (less provision for doubtful accounts: $357 and $321)1,938,7171,438,031
Derivative instruments, at fair value1,466,800543,337
Prepaid expenses and other409,409191,435
Total current assets3,902,4672,286,766
Property, plant and equipment26,978,97426,016,092
Less: Accumulated depreciation and depletion8,846,7897,597,172
Net property, plant and equipment18,132,18518,418,920
Contract asset29,250410,000
Other assets477,235491,702
Total assets22,541,13721,607,388
Current liabilities:  
Current portion of debt421,9871,060,970
Accounts payable1,678,0831,339,251
Derivative instruments, at fair value4,214,8882,413,608
Other current liabilities322,944372,412
Total current liabilities6,637,9025,186,241
Senior notes4,257,3594,435,782
Note payable to EQM Midstream Partners, LP89,97394,320
Deferred income taxes893,139907,306
Other liabilities and credits1,004,1631,012,740
Total liabilities12,882,53611,636,389
Equity:  
Common stock, no par value, shares authorized: 640,000, shares issued: 368,194 and 377,4329,923,53910,071,820
Treasury stock, shares at cost: 32 and 1,033(579)(18,046)
Accumulated deficit(299,577)(94,400)
Accumulated other comprehensive loss(4,421)(4,611)
Total common shareholders' equity9,618,9629,954,763
Noncontrolling interest in consolidated subsidiaries39,63916,236
Total equity9,658,6019,970,999
Total liabilities and equity$ 22,541,137$ 21,607,388