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EQT Corp Stock Research

EQT

30.12USD+1.29(+4.47%)Market Closed

Market Summary

USD30.12+1.29
Market Closed
4.47%

EQT Stock Price

EQT RSI Chart

EQT Valuation

Market Cap

11.1B

Price/Earnings (Trailing)

6.29

Price/Sales (Trailing)

0.92

EV/EBITDA

3.4

Price/Free Cashflow

5.4

EQT Price/Sales (Trailing)

EQT Profitability

EBT Margin

19.27%

Return on Equity

15.85%

Return on Assets

7.81%

Free Cashflow Yield

18.53%

EQT Fundamentals

EQT Revenue

Revenue (TTM)

12.1B

Revenue Y/Y

-8.64%

Revenue Q/Q

-30.48%

EQT Earnings

Earnings (TTM)

1.8B

Earnings Y/Y

-5.14%

Earnings Q/Q

150.41%

Price Action

52 Week Range

25.9451.79
(Low)(High)

Last 7 days

-10.3%

Last 30 days

-6.6%

Last 90 days

-24.6%

Trailing 12 Months

13.6%

EQT Financial Health

Current Ratio

1.08

Debt/Equity

0.43

Debt/Cashflow

0.73

EQT Investor Care

Dividend Yield

1.83%

Dividend/Share (TTM)

0.55

Shares Dilution (1Y)

3.70%

Diluted EPS (TTM)

4.38

Peers (Alternatives to EQT)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.6B
89.9B
-7.80% 29.98%
8.97
1.48
33.31% -13.05%
37.2B
19.2B
-9.84% 0.22%
14.6
1.94
15.59% 42.83%
35.1B
11.0B
-9.53% -6.22%
17.15
3.2
3.18% 35.07%
28.8B
17.2B
-15.82% -1.16%
20.75
2.2
82.38% 53.25%
27.3B
22.4B
-12.90% -0.85%
15.84
1.22
35.35% 14.84%
11.1B
12.1B
-6.58% 13.61%
6.29
0.92
78.04% 254.97%
MID-CAP
8.2B
15.0B
0.07% 47.53%
9.89
0.59
40.03% 169.05%
6.0B
2.4B
-28.31% 1.19%
30.82
2.53
79.03% 100.28%
2.4B
2.1B
16.16% 51.19%
4.03
1.42
106.94% 272.74%
2.4B
1.4B
-18.81% -20.26%
-8.76
1.74
3.09% 80.92%
SMALL-CAP
592.5M
2.8B
-5.10% -10.81%
-122.87
0.21
2311.20% 73.74%
582.1M
404.2M
19.84% 54.87%
15.22
1.44
-0.37% 17.85%
202.8M
369.6M
-3.26% 12.60%
-1.71
0.51
-7.74% -284.00%
90.9M
39.3M
-9.52% -33.17%
-4.34
2.31
900.42% 30.96%

Financials for EQT

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-2.0%12,11412,35710,4478,1606,804
  S&GA Expenses1.9%253248230220196
Costs and Expenses-4.4%4,7805,0025,0024,7944,426
EBITDA-5.0%4,2504,4721,044-1,470-
EBITDA Margin-3.1%0.35*0.36*0.10*-0.18*-
Earnings Before Taxes-5.1%2,3352,460-1,016-3,498-1,569
EBT Margin-3.2%0.19*0.20*-0.10*-0.43*-
Interest Expenses-6.0%250266281287290
Net Income-5.0%1,7711,864-796-2,621-1,142
Net Income Margin-3.1%0.15*0.15*-0.08*-0.32*-
Free Cahsflow-5.1%2,0652,1771,2011,188-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.6%22,67022,54122,62221,81521,607
  Current Assets2.9%4,0143,9024,0863,0262,287
    Cash Equivalents1566.2%1,45988.0044.0017.00114
  Net PPE0.2%18,16718,13218,20218,29618,419
Liabilities-11.1%11,45712,88313,53213,60911,636
  Current Liabilities-43.8%3,7326,6387,1907,6055,186
  Long Term Debt-5.4%4,7695,0425,485--
    LT Debt, Current0.2%4234224414941,061
Shareholder's Equity16.2%11,1729,6199,0908,2069,955
  Retained Earnings528.5%1,284-299-880-1,725-94.40
Accumulated Depreciation4.3%9,2278,8478,4388,0097,597
Shares Outstanding-1.1%370374---
Minority Interest3.1%41.0040.0029.0017.0016.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-3.0%3,4663,5732,4712,2841,662
  Share Based Compensation10.1%45.0041.0036.0029.0028.00
Cashflow From Investing-3.4%-1,421-1,375-1,905-2,116-2,072
Cashflow From Financing67.2%-699-2,132-852-191506
  Dividend Payments36.9%20414993.0047.000.00
  Buy Backs34.5%40930422922913.00

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

57.3%


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

Returns for EQT

Cumulative Returns on EQT

-1.8%


10-Year Cumulative Returns

-2.2%


7-Year Cumulative Returns

1.8%


5-Year Cumulative Returns

45.4%


3-Year Cumulative Returns

What are the long-term rolling returns for EQT?

FIve years rolling returns for EQT.

Annualized Returns

Which funds bought or sold EQT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
0.43
-52,508
262,492
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-29.14
-2,709,920
3,872,080
-%
2023-03-06
Rockefeller Capital Management L.P.
new
-
4,000
4,000
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-62.4
-3,156,000
1,430,000
0.01%
2023-03-06
OLD MISSION CAPITAL LLC
sold off
-100
-3,509,000
-
-%
2023-03-01
Goehring & Rozencwajg Associates, LLC
new
-
13,479,300
13,479,300
4.79%
2023-02-28
Voya Investment Management LLC
reduced
-7.4
-1,958,280
6,508,720
0.01%
2023-02-24
National Pension Service
sold off
-100
-20,235,400
-
-%
2023-02-24
NATIXIS
added
1,832
3,753,870
4,002,870
0.02%
2023-02-22
CVA Family Office, LLC
new
-
2,334
2,334
-%

1–10 of 45

Latest Funds Activity

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

EQT News

Better Life

Hong Kong to unveil cash-for-residency plan, tax incentives at ....

Better Life,
7 hours ago

Digital Journal

The Armchair Trader

GlobalCapital

UK Investor Magazine

Real Investment Advice

Schedule 13G FIlings of EQT

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2022
vanguard group inc
9.17%
34,646,104
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 02, 2022
bank of new york mellon corp
5.40%
20,423,417
SC 13G
Jan 27, 2022
blackrock inc.
14.5%
54,920,670
SC 13G/A

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

-55.01%

24.36

-19.12%

64.48

114.08%

97.20

222.71%

172.62

473.11%
Current Inflation

58.92

95.62%

81.41

170.29%

223.22

641.10%

364.42

1109.89%

481.45

1498.44%
Very High Inflation

11.90

-60.49%

19.93

-33.83%

48.45

60.86%

71.58

137.65%

123.97

311.59%

Historical EQT Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of EQT

View All Filings
Date Filed Form Type Document
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
DEFA14A
DEFA14A
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for EQT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Evancho Lesley
sold (taxes)
-1,034,360
32.16
-32,163
chief human resources officer
2023-03-08
Jordan William E.
acquired
-
-
145,868
evp, gc and corp sec
2023-03-08
Duran Richard A
sold (taxes)
-922,992
32.16
-28,700
chief information officer
2023-03-08
Khani David M.
acquired
-
-
182,328
chief financial officer
2023-03-08
Khani David M.
sold (taxes)
-2,567,720
32.16
-79,842
chief financial officer
2023-03-08
Rice Toby Z.
acquired
-
-
1,093,930
president & ceo
2023-03-08
Duran Richard A
acquired
-
-
72,934
chief information officer
2023-03-08
James Todd
acquired
-
-
25,318
chief accounting officer
2023-03-08
James Todd
sold (taxes)
-355,754
32.16
-11,062
chief accounting officer
2023-03-08
Rice Toby Z.
sold (taxes)
-15,300,100
32.16
-475,749
president & ceo

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

2022-12-31
STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating revenues:   
Sales of natural gas, natural gas liquids and oil$ 12,114,168$ 6,804,020$ 2,650,299
(Loss) gain on derivatives(4,642,932)(3,775,042)400,214
Total operating revenues7,497,6893,064,6633,058,843
Operating expenses:   
Transportation and processing2,116,9761,942,1651,710,734
Production300,985225,279155,403
Exploration3,43824,4035,484
Selling, general and administrative252,645196,315174,769
Depreciation and depletion1,665,9621,676,7021,393,465
Amortization of intangible assets0026,006
(Gain) loss/impairment on sale/exchange of long-lived assets(8,446)(21,124)100,729
Impairment of contract and other assets214,195034,694
Impairment and expiration of leases176,606311,835306,688
Other operating expenses57,33170,06328,537
Total operating expenses4,779,6924,425,6383,936,509
Operating income (loss)2,717,997(1,360,975)(877,666)
Gain on Equitrans Share Exchange (Note 5)00(187,223)
Loss (income) from investments4,931(71,841)314,468
Dividend and other income(11,280)(19,105)(35,512)
Loss on debt extinguishment140,0299,75625,435
Interest expense249,655289,753259,268
Income (loss) before income taxes2,334,662(1,569,538)(1,254,102)
Income tax expense (benefit)553,720(428,037)(295,293)
Net income (loss)1,780,942(1,141,501)(958,809)
Less: Net income (loss) attributable to noncontrolling interests9,9771,246(10)
Net income (loss) attributable to EQT Corporation$ 1,770,965$ (1,142,747)$ (958,799)
Income (loss) per share of common stock attributable to EQT Corporation:   
Weighted average common stock outstanding - Basic (in shares)370,048323,196260,613
Net income (loss) attributable to EQT Corporation - Basic (in dollars per share)$ 4.79$ (3.54)$ (3.68)
Weighted average common stock outstanding - Diluted (in shares)406,495323,196260,613
Net income (loss) attributable to EQT Corporation - Diluted (in dollars per share)$ 4.38$ (3.54)$ (3.68)
Sales of natural gas, natural gas liquids and oil   
Operating revenues:   
Sales of natural gas, natural gas liquids and oil$ 12,114,168$ 6,804,020$ 2,650,299
Net marketing services and other   
Operating revenues:   
Net marketing services and other$ 26,453$ 35,685$ 8,330

EQT Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,458,644$ 113,963
Accounts receivable (less provision for doubtful accounts: $605 and $321)1,608,0891,438,031
Derivative instruments, at fair value812,371543,337
Prepaid expenses and other135,337191,435
Total current assets4,014,4412,286,766
Property, plant and equipment27,393,91926,016,092
Less: Accumulated depreciation and depletion9,226,5867,597,172
Net property, plant and equipment18,167,33318,418,920
Contract asset0410,000
Other assets488,152491,702
Total assets22,669,92621,607,388
Current liabilities:  
Current portion of debt422,6321,060,970
Accounts payable1,574,6101,339,251
Derivative instruments, at fair value1,393,4872,413,608
Other current liabilities341,491372,412
Total current liabilities3,732,2205,186,241
Senior notes5,167,8494,435,782
Note payable to EQM Midstream Partners, LP88,48494,320
Deferred income taxes1,442,406907,306
Other liabilities and credits1,025,6391,012,740
Total liabilities11,456,59811,636,389
Equity:  
Common stock, no par value, shares authorized: 640,000, shares issued: 365,363 and 377,4329,891,89010,071,820
Treasury stock, shares at cost: zero and 1,0330(18,046)
Retained earnings (accumulated deficit)1,283,578(94,400)
Accumulated other comprehensive loss(2,994)(4,611)
Total common shareholders' equity11,172,4749,954,763
Noncontrolling interest in consolidated subsidiaries40,85416,236
Total equity11,213,3289,970,999
Total liabilities and equity$ 22,669,926$ 21,607,388