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EQT Corp Stock Research

EQT

40.00USD-0.99(-2.42%)Market Closed
Watchlist

Market Summary

USD40.00-0.99
Market Closed
-2.42%

EQT Alerts

EQT Stock Price

EQT RSI Chart

EQT Valuation

Market Cap

14.5B

Price/Earnings (Trailing)

4.08

Price/Sales (Trailing)

1.48

EV/EBITDA

2.07

Price/Free Cashflow

5.53

EQT Price/Sales (Trailing)

EQT Profitability

EBT Margin

47.94%

Return on Equity

37.2%

Return on Assets

19.86%

Free Cashflow Yield

18.07%

EQT Fundamentals

EQT Revenue

Revenue (TTM)

9.8B

Revenue Y/Y

-74.79%

Revenue Q/Q

-68.12%

EQT Earnings

Earnings (TTM)

3.5B

Earnings Y/Y

-107.47%

Earnings Q/Q

-105.47%

Price Action

52 Week Range

28.1147.91
(Low)(High)

Last 7 days

-6.9%

Last 30 days

-10.2%

Last 90 days

1.4%

Trailing 12 Months

-13.8%

EQT Financial Health

Current Ratio

1.48

Debt/Equity

0.43

Debt/Cashflow

0.73

EQT Investor Care

Dividend Yield

1.5%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

2.13%

Diluted EPS (TTM)

8.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for EQT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-14
VANLOH S WIL JR
sold
-828,000,000
41.4
-20,000,000
-
2023-07-24
Knop Jeremy
acquired
-
-
14,950
chief financial officer
2023-06-09
James Todd
sold
-1,201,920
38.56
-31,170
chief accounting officer
2023-04-19
Powers Anita M.
acquired
-
-
4,542
-
2023-04-19
Jackson Kathryn Jean
acquired
-
-
4,542
-
2023-04-19
Beebe Lydia I
acquired
-
-
4,542
-
2023-04-19
MCMANUS J T
acquired
-
-
4,542
-
2023-04-19
Vanderhider Hallie A.
acquired
-
-
4,542
-
2023-04-19
MCCARTNEY JOHN
acquired
-
-
4,542
-
2023-03-08
Jordan William E.
acquired
-
-
145,868
evp, gc and corp sec

1–10 of 50

Which funds bought or sold EQT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
26.24
17,008
44,132
0.01%
2023-09-11
BLUEFIN CAPITAL MANAGEMENT, LLC
reduced
-13.75
295,837
2,945,480
0.56%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
1,383
6,170
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
67,306
300,249
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-49.38
-821,181
1,621,820
-%
2023-08-22
US Asset Management LLC
sold off
-100
-14,000
-
-%
2023-08-22
COMERICA BANK
new
-
35,939,000
35,939,000
3.77%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-25.14
-217,059
4,796,310
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-13.09
161,000
1,488,000
0.01%

1–10 of 43

Latest Funds Activity

Are funds buying EQT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EQT
No. of Funds

Schedule 13G FIlings of EQT

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Sep 15, 2023
q-xcl holdings i (vi) investment partners, llc
1.43%
5,889,657
SC 13G/A
Aug 30, 2023
q-xcl holdings i (vi) investment partners, llc
2.63%
10,808,749
SC 13G
Aug 08, 2023
blackrock inc.
8.1%
29,298,190
SC 13G/A
Jul 10, 2023
price t rowe associates inc /md/
10.3%
37,408,264
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.60%
38,916,045
SC 13G/A
Feb 06, 2023
state street corp
7.13%
26,180,036
SC 13G/A
Jan 26, 2023
blackrock inc.
12.8%
46,835,221
SC 13G/A
Jan 20, 2023
blackrock inc.
12.8%
46,835,221
SC 13G/A
May 10, 2022
bank of new york mellon corp
4.44%
16,422,316
SC 13G/A

Recent SEC filings of EQT

View All Filings
Date Filed Form Type Document
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
SC 13G/A
Major Ownership Report
Sep 05, 2023
3
Insider Trading
Aug 30, 2023
3
Insider Trading
Aug 30, 2023
SC 13G
Major Ownership Report
Aug 22, 2023
8-K
Current Report
Aug 22, 2023
8-K
Current Report
Aug 22, 2023
S-3ASR
S-3ASR
Aug 16, 2023
8-K
Current Report
Aug 08, 2023
SC 13G/A
Major Ownership Report

Peers (Alternatives to EQT)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
14.5B
11.34% 5.05%
-
-
11.12% 227.86%
41.8B
11.5B
-1.55% 7.73%
15.72
3.63
7.16% 69.50%
40.6B
80.8B
6.92% 21.86%
8.97
1.48
-1.23% 0.82%
37.6B
17.1B
-2.88% -4.33%
14.97
2.19
-3.10% 3.16%
30.0B
19.2B
2.68% 14.03%
12.33
1.56
-10.28% 54.38%
14.5B
9.8B
-10.25% -13.80%
4.08
1.48
-6.46% 545.26%
MID-CAP
6.3B
2.4B
3.67% -37.55%
15.77
2.59
18.38% 86.75%
4.1B
1.4B
-2.65% 10.66%
-15.48
2.99
9.71% 80.43%
-
2.6B
- -
-
-
79.04% 48.11%
-
11.9B
0.51% 28.75%
-
-
-14.57% 7.44%
SMALL-CAP
91.4M
25.0M
-13.67% -59.60%
-298.05
3.65
-23.25% 98.76%
-
384.8M
-4.56% -16.92%
-
-
-2.94% 38.53%
466.2M
3.1B
17.92% -22.36%
11.92
0.15
156.21% 157.73%

EQT News

Best Stocks
Analyst Ratings and Price Targets for Clearway Energy.
Best Stocks,
12 hours ago
Proactive Investors USA
Eqtec jettisons Billingham project to reduce costs.
Proactive Investors USA,
15 hours ago
The Business Journals
Commonwealth LNG to liquefy EQT’s natural gas.
The Business Journals,
30 hours ago
Clayton County Register
Prelude Capital Management Decreases Stake in EQT Co..
Clayton County Register,
44 hours ago

Returns for EQT

Cumulative Returns on EQT

-1.6%


10-Year Cumulative Returns

0.5%


7-Year Cumulative Returns

9.6%


5-Year Cumulative Returns

39.0%


3-Year Cumulative Returns

Risks for EQT

What is the probability of a big loss on EQT?

100%


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

60.8%


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.

Drawdowns

Financials for EQT

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-20.5%9,771,729,00012,288,615,00012,114,168,00012,357,144,00010,447,000,0008,159,693,0006,804,020,0004,830,239,0003,645,181,0003,066,049,0002,650,299,0002,199,378,0002,551,962,0003,363,442,0003,791,414,0004,930,095,0005,028,565,0004,668,961,0004,709,384,0004,442,016,0004,051,383,000
Costs and Expenses-2.5%4,408,864,0004,520,727,0004,779,692,0005,001,987,0005,001,798,0004,793,716,0004,425,638,0004,149,793,0003,937,427,0003,893,888,0003,936,509,0005,303,557,0005,484,340,0005,584,576,0005,568,594,0004,910,873,0004,995,265,0005,046,341,0007,340,992,0006,710,777,0006,034,666,000
Operating Expenses--------------------115,079,000104,776,000
  S&GA Expenses0.4%236,330,000235,443,000252,645,000247,946,000229,828,000220,405,000196,315,000188,808,000191,349,000184,837,000174,769,00085,982,000113,704,000156,571,000170,611,000292,515,000264,955,000241,706,000232,543,000172,685,000187,132,000
EBITDA-100.0%-7,750,669,0004,250,279,0004,472,332,0001,043,983,000-1,470,902,000416,067,000-2,054,680,000-351,690,000509,737,000398,631,000-1,222,393,000-814,846,000-249,903,000141,125,000------
EBITDA Margin-100.0%-0.630.350.360.10-0.180.06-0.42-0.110.190.15-0.68-0.32-0.070.04------
Interest Expenses-11.4%202,197,000228,299,000249,655,000265,542,000280,913,000287,182,000289,753,000280,590,000274,235,000267,367,000259,268,000241,980,000220,535,000205,652,000199,851,000212,532,000221,003,000227,620,000228,958,000202,072,000196,269,000
Earnings Before Taxes-21.7%4,609,679,0005,890,821,0002,334,662,0002,460,432,000-1,016,827,000-3,498,918,000-1,569,538,000-3,895,434,000-2,084,240,000-1,170,685,000-1,254,102,000-2,870,248,000-2,491,222,000-1,960,713,000-1,597,471,000-751,865,000-503,802,000-840,133,000-3,077,431,000-2,778,868,000-2,485,384,000
EBT Margin-100.0%-0.480.190.20-0.10-0.43-0.23-0.81-0.65-0.44-0.48-1.59-0.97-0.58-0.42------
Net Income-21.3%3,547,574,0004,505,561,0001,770,965,0001,863,735,000-796,747,000-2,621,368,000-1,142,747,000-2,875,444,000-1,499,272,000-829,087,000-958,799,000-2,207,778,000-1,968,166,000-1,579,525,000-1,221,695,000-681,458,000-360,123,000-467,883,000-2,244,568,000-327,810,000-264,777,000
Net Income Margin-100.0%-0.370.150.15-0.08-0.32-0.17-0.60-0.47-0.31-0.36-1.23-0.76-0.47-0.32------
Free Cashflow-100.0%-2,504,163,0002,065,117,0002,177,039,0001,200,853,0001,187,620,000607,320,000-63,159,00033,579,000400,002,000495,470,000215,922,000135,224,000-6,903,000249,250,000------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-6.2%21,27322,69022,67022,54122,62221,81521,60723,01218,98518,03918,11317,57518,00918,63518,80920,16020,47920,34020,72128,66128,963
  Current Assets-38.6%2,4263,9504,0143,9024,0863,0262,2873,3412,1691,3141,2151,3421,5421,9481,7551,4951,5981,3801,9701,2351,781
    Cash Equivalents-42.9%1,2152,1271,45988.0044.0017.0011423.0033141.0018.0014.003.0019.005.008.0030.0041.003.005.00698
  Net PPE0.5%18,32318,23418,16718,13218,20218,29618,41918,78115,81915,89816,05415,55715,70415,96616,15517,57017,50617,45317,39323,13023,165
  Goodwill--------------------1,9991,999
Liabilities-12.4%9,22810,53711,45712,88313,53213,60911,63614,75210,6838,8098,9398,7298,5709,0019,0069,2639,2319,2009,76312,44412,261
  Current Liabilities-18.1%2,1832,6643,7326,6387,1907,6055,1867,2283,6791,7501,7621,8401,5611,4731,3461,4501,5332,1852,3552,6462,356
    LT Debt, Current0.2%4144134234224414941,06112.0040029.0015433.0016.0016.0016.005.005.00705704700699
    LT Debt, Non Current--------------------7,3377,334
Shareholder's Equity-1.2%12,00612,15411,1729,6199,0908,2069,9718,1828,2219,1469,1758,8469,4399,6349,80410,89811,24811,14010,95816,21716,703
  Retained Earnings-5.2%2,2182,3391,284-299-880-1,725-94.40-1,90871.001,0081,0579851,5851,8482,0233,1173,4863,3683,1842,3692,417
Accumulated Depreciation3.9%9,9769,5989,2278,8478,4388,0097,5977,1106,6796,2715,9415,5775,2205,8345,5005,8915,5075,1394,7564,8934,557
Shares Outstanding0.1%362361-370370374-357279279261256256255255255255255261260265
Minority Interest-5.3%39.0041.0041.0040.0029.0017.0016.0011.0011.0011.007.00--------5,2175,023
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations5.0%4,3144,1073,4663,5732,4712,2841,6628981,0341,4371,5381,3491,4841,4811,8522,1652,7502,9432,9762,8722,370
  Share Based Compensation-4.1%47.0049.0045.0041.0036.0029.0028.0025.0025.0021.0020.0017.0030.0032.0031.0032.0020.0023.0025.0090.0088.00
Cashflow From Investing-16.5%-1,897-1,628-1,421-1,375-1,905-2,116-2,072-2,647-1,881-1,600-1,555-967-1,185-1,434-1,601-2,515-2,981-3,500-3,979-5,130-4,696
Cashflow From Financing-238.2%-1,244-367-699-2,132-852-1915061,7591,17618532.00-375-325-68.37-249354-4363878591,7802,452
  Dividend Payments3.8%21921120414993.0047.00----8.0015.0023.0031.0031.0031.0031.0031.0031.0029.0026.00
  Buy Backs0%41541540930422922913.00---------5005390.0053939.00

EQT Income Statement

2023-06-30
STATEMENTS OF CONDENSED CONSOLIDATED OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues:    
Sales of natural gas, natural gas liquids and oil$ 848,325$ 3,365,211$ 2,678,683$ 5,851,835
Gain (loss) on derivatives164,386(845,095)989,238(3,922,732)
Total operating revenues1,018,7512,527,5083,679,8221,948,398
Operating expenses:    
Transportation and processing523,162539,7041,038,1461,055,808
Production55,03882,556102,978153,568
Exploration1,2031,7412,1552,513
Selling, general and administrative60,16359,276112,057128,372
Depreciation and depletion395,684429,143783,369851,241
(Gain) loss on sale/exchange of long-lived assets(225)(981)16,303(2,190)
Impairment of contract asset000184,945
Impairment and expiration of leases5,32547,04815,87177,039
Other operating expenses13,3947,12033,05623,467
Total operating expenses1,053,7441,165,6072,103,9352,474,763
Operating (loss) income(34,993)1,361,9011,575,887(526,365)
(Income) loss from investments(1,092)(3,577)(5,856)17,208
Dividend and other income(562)(7,313)(737)(10,909)
Loss (gain) on debt extinguishment5,462104,348(1,144)111,271
Interest expense, net39,88365,98586,429133,887
(Loss) income before income taxes(78,684)1,202,4581,497,195(777,822)
Income tax (benefit) expense(11,818)308,234344,828(157,463)
Net (loss) income(66,866)894,2241,152,367(620,359)
Less: Net (loss) income attributable to noncontrolling interests(240)2,8634454,328
Net (loss) income attributable to EQT Corporation$ (66,626)$ 891,361$ 1,151,922$ (624,687)
(Loss) income per share of common stock attributable to EQT Corporation:    
Weighted average common stock outstanding - Basic (in shares)361,982369,866361,721372,023
Net (loss) income attributable to EQT Corporation - Basic (in dollars per share)$ (0.18)$ 2.41$ 3.18$ (1.68)
Weighted average common stock outstanding - Diluted (in shares)361,982407,303393,435372,023
Net (loss) income attributable to EQT Corporation - Diluted (in dollars per share)$ (0.18)$ 2.19$ 2.94$ (1.68)
Sales of natural gas, natural gas liquids and oil    
Operating revenues:    
Sales of natural gas, natural gas liquids and oil$ 848,325$ 3,365,211$ 2,678,683$ 5,851,835
Net marketing services and other    
Operating revenues:    
Net marketing services and other$ 6,040$ 7,392$ 11,901$ 19,295

EQT Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,215,492$ 1,458,644
Accounts receivable (less provision for doubtful accounts: $166 and $605)475,2111,608,089
Derivative instruments, at fair value683,612812,371
Prepaid expenses and other51,254135,337
Total current assets2,425,5694,014,441
Property, plant and equipment28,299,95927,393,919
Less: Accumulated depreciation and depletion9,976,4609,226,586
Net property, plant and equipment18,323,49918,167,333
Other assets524,409488,152
Total assets21,273,47722,669,926
Current liabilities:  
Current portion of debt413,917422,632
Accounts payable1,049,8951,574,610
Derivative instruments, at fair value485,2241,393,487
Other current liabilities233,790341,491
Total current liabilities2,182,8263,732,220
Senior notes4,172,2325,167,849
Note payable to EQM Midstream Partners, LP85,40488,484
Deferred income taxes1,877,5841,442,406
Other liabilities and credits910,4031,025,639
Total liabilities9,228,44911,456,598
Equity:  
Common stock, no par value, shares authorized: 640,000, shares issued: 361,654 and 365,3639,790,8559,891,890
Retained earnings2,217,6981,283,578
Accumulated other comprehensive loss(2,781)(2,994)
Total common shareholders' equity12,005,77211,172,474
Noncontrolling interest in consolidated subsidiaries39,25640,854
Total equity12,045,02811,213,328
Total liabilities and equity$ 21,273,477$ 22,669,926
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.