EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin. It also provides marketing services and contractual pipeline capacity management services, as well as involved in risk management and hedging activities. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.
Gas Giant's Crossroads | EQT, America's largest natural gas producer, navigates a transformative period marked by strategic mergers, asset sales, and shifting market dynamics. |
Merger Synergies | Explore the implications of EQT's $5.4 billion merger with ETRN, promising annual cost savings and enhanced operational efficiencies in the natural gas sector. |
Financial Forecast | Analysts project a rebound in EQT's financial performance, with EPS estimates rising from $1.70 in FY2024 to $3.67 in FY2025. Average price target: $47.25. |
Market Positioning | Delve into EQT's competitive edge in the Marcellus Shale and its strategy to capitalize on growing LNG exports and emerging energy demands from AI-powered data centers. |
Metrics to compare | EQT | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipEQTPeersSector | |
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P/E Ratio | 91.4x | 13.8x | 4.7x | |
PEG Ratio | −1.66 | 9.95 | 0.00 | |
Price/Book | 1.6x | 1.6x | 1.1x | |
Price / LTM Sales | 5.5x | 2.2x | 1.0x | |
Upside (Analyst Target) | 6.8% | 23.4% | 31.3% | |
Fair Value Upside | Unlock | 9.7% | 11.4% | Unlock |