EQT Completes Olympus Energy Acquisition with Stock Issuance

EQT ( (EQT) ) just unveiled an update.

On June 30, 2025, EQT Corporation secured an extension of its Revolving Credit Agreement’s maturity date from July 23, 2029, to July 23, 2030. This extension, effective July 23, 2025, was granted by the lenders involved in the agreement, which includes PNC Bank and other financial institutions. The terms of the agreement remain unchanged, and the lenders may continue to engage in various financial activities with EQT. On July 1, 2025, EQT issued 25,229,166 shares of its common stock as partial consideration for the Olympus Energy Acquisition. This acquisition involved purchasing oil and gas properties and related assets from Olympus Energy LLC and its affiliates, with the transaction also including approximately $440 million in cash.

The most recent analyst rating on (EQT) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on EQT stock, see the EQT Stock Forecast page.

Spark’s Take on EQT Stock

According to Spark, TipRanks’ AI Analyst, EQT is a Outperform.

EQT’s overall stock score is driven primarily by its strong financial performance and positive earnings call outcomes, reflecting robust revenue and cash flow growth. The technical analysis supports a stable trend, though the high P/E ratio signals potential overvaluation. Corporate events present mixed implications but are generally less impactful.

To see Spark’s full report on EQT stock, click here.

More about EQT

EQT Corporation operates in the energy sector, focusing on the exploration and production of natural gas. The company is involved in acquiring and managing oil and gas properties and related upstream and midstream assets.

Average Trading Volume: 8,270,278

Technical Sentiment Signal: Buy

Current Market Cap: $34.91B

See more data about EQT stock on TipRanks’ Stock Analysis page.