EQT (EQT) AI Stock Analysis

• Market Cap: $34.85B
• Dividend Yield: 1.13%
• Average Volume (3M): 7.85M
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.82
• Revenue Growth: 64.84%
• EPS Growth: 219.47%
• Country: US
• Employees: 881
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.52
• Shares Outstanding: 624,067,000
• 10 Day Avg. Volume: 7,018,111
• 30 Day Avg. Volume: 7,847,716
• PEG Ratio: -1.13
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 4.50
• P/FCF Ratio: 40.99
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 5.32
• Enterprise Value/Gross Profit: 11.21
• Enterprise Value/Ebitda: 8.08
• 1Y Price Target: $63.79
• Price Target Upside: 13.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 21
• EPS Forecast (FY): 2.8
• Revenue Forecast (FY): $8.27B

• Rating: 78 Outperform
• Price Target: $61.00 ▲(8.95% Upside)

EQT's overall stock score reflects its strong financial performance and impressive earnings call, which highlight operational efficiency and strategic achievements. While technical analysis and valuation are less compelling, the company's robust cash flow and strategic positioning provide a solid foundation for future growth.

Positive Factors

Operational Efficiency

EQT's record-setting operational efficiency demonstrates its ability to optimize production processes, reducing costs and enhancing profitability, which supports sustainable long-term growth.

Cash Flow Generation

Strong cash flow generation indicates EQT's robust business model and financial health, providing the company with flexibility for investments and debt reduction.

Strategic Expansion

The successful MVP boost expansion reflects strong market demand and EQT's strategic positioning to capitalize on infrastructure investments, enhancing long-term growth potential.

Negative Factors

High Debt Level

EQT's high debt level poses a risk to its financial stability, potentially limiting its ability to invest in growth opportunities and increasing vulnerability to market fluctuations.

Local Pricing Volatility

Volatile local pricing can disrupt EQT's revenue predictability and operational planning, requiring careful management to mitigate impacts on financial performance.

Revenue Growth Volatility

Historical revenue growth volatility suggests potential challenges in maintaining consistent financial performance, which could affect investor confidence and strategic planning.

EQT Business Overview & Revenue Model

Company Description

EQT Corporation is a leading independent natural gas producer based in the United States, primarily focused on the exploration and production of natural gas, natural gas liquids, and crude oil. Operating primarily in the Appalachian Basin, EQT is involved in various stages of the natural gas supply chain, including drilling, completion, and production. The company is dedicated to advancing sustainable energy solutions and leveraging innovative technologies to optimize its operations and reduce environmental impact.

How the Company Makes Money

EQT generates revenue primarily through the sale of natural gas, natural gas liquids, and oil produced from its extensive drilling operations. The company’s revenue model is largely dependent on the volume of hydrocarbons it extracts and the prevailing market prices for these commodities. Key revenue streams include direct sales agreements with utilities, industrial customers, and marketers, as well as long-term contracts that provide price stability. Additionally, EQT benefits from strategic partnerships with midstream operators for transportation and processing services, which enhances its market reach and operational efficiency. The company's emphasis on cost management and technological innovation also contributes to its profitability, enabling it to maintain a competitive edge in a fluctuating market.

EQT Financial Statement Overview

Summary

EQT exhibits strong profitability with a gross profit margin of 55.0% and a net profit margin of 15.7%. Revenue growth is impressive at 39.4%. However, the EBIT margin has contracted to 21.9%, indicating some operational cost pressures. The balance sheet shows manageable leverage with a debt-to-equity ratio of 0.39 and a strong equity position. Cash flow is robust, with a 270.3% growth in free cash flow, highlighting excellent liquidity and financial health.

Income Statement

EQT's income statement reflects strong profitability with a TTM gross profit margin of 55.0% and a net profit margin of 15.7%. The company demonstrated impressive revenue growth of 39.4% from the previous year. However, EBIT margin declined to 21.9% from its peak in 2022. Overall, the income statement shows a robust performance with positive growth trends, though some potential concerns around EBIT margin contraction.

Balance Sheet

The balance sheet indicates a reasonable debt-to-equity ratio of 0.39, suggesting manageable leverage. The return on equity (ROE) is strong at 5.3%, while the equity ratio stands at 54.0%, reflecting a solid equity position. Despite these strengths, there is a slight increase in total liabilities over the periods reviewed, which merits monitoring for future risk management.

Cash Flow

EQT's cash flow statement is noteworthy with a substantial free cash flow growth of 270.3%, demonstrating strong cash generation capabilities. The operating cash flow to net income ratio is high, indicating efficient cash earnings conversion. Free cash flow to net income also improved significantly. This robust cash flow performance underlines the company's strong liquidity position and financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.61B	5.22B	5.07B	12.14B	6.84B	2.66B
Gross Profit	4.09B	767.22M	941.58M	8.06B	3.00B	1.08B
EBITDA	5.67B	2.88B	4.06B	4.25B	429.09M	450.12M
Net Income	1.78B	230.58M	1.74B	1.77B	-1.14B	-958.80M
Balance Sheet
Total Assets	41.20B	39.83B	25.29B	22.67B	22.75B	18.11B
Cash, Cash Equivalents and Short-Term Investments	235.74M	202.09M	80.98M	1.46B	113.96M	18.21M
Total Debt	7.94B	9.37B	5.84B	5.71B	5.64B	4.95B
Total Liabilities	14.40B	15.55B	10.50B	11.46B	12.78B	8.85B
Stockholders Equity	23.15B	20.60B	14.77B	11.17B	9.95B	9.26B
Cash Flow
Free Cash Flow	2.49B	573.26M	1.16B	2.07B	607.32M	495.47M
Operating Cash Flow	4.76B	2.83B	3.18B	3.47B	1.66B	1.54B
Investing Cash Flow	-1.64B	-1.58B	-4.31B	-1.42B	-2.07B	-1.56B
Financing Cash Flow	-2.97B	-1.13B	-242.86M	-699.13M	506.05M	31.71M

EQT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 55.99
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EQT, the sentiment is Positive. The current price of 55.99 is above the 20-day moving average (MA) of 54.03, above the 50-day MA of 53.09, and above the 200-day MA of 52.74, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 60.11 is Neutral, neither overbought nor oversold. The STOCH value of 80.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EQT.

EQT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQT	78 Outperform	$34.85B	19.05	8.19%	1.13%	64.84%	219.47%
CTRA	73 Outperform	$19.68B	11.93	11.86%	3.37%	26.13%	31.42%
DVN	72 Outperform	$20.66B	7.29	18.35%	2.91%	11.14%	-21.32%
RRC	71 Outperform	$8.77B	15.55	14.18%	0.95%	23.88%	20.55%
AR	67 Neutral	$10.13B	18.69	7.65%	―	17.05%	1028.81%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CRK	61 Neutral	$6.20B	97.85	2.86%	―	35.41%	―

EQT Corporate Events

EQT Corporation Reports Strong Q3 2025 Results

EQT Corporation, a leading natural gas company in the Appalachian Basin, is known for its commitment to operational efficiency and sustainability. The company recently reported its third-quarter 2025 results, showcasing strong financial and operational performance. Key highlights include a sales volume of 634 Bcfe, capital expenditures of $618 million, and record low operating costs of $1.00 per Mcfe. EQT also generated $484 million in free cash flow and exited the quarter with $8.0 billion in net debt. Strategic achievements include the rapid integration of Olympus Energy assets, a successful MVP Boost project, and new LNG offtake agreements. Looking ahead, EQT’s management remains optimistic about continued operational efficiency and strategic growth initiatives, aiming to sustain its strong financial performance and shareholder returns.

EQT Corp’s Earnings Call Highlights Strong Growth and Strategic Success

EQT Corp’s recent earnings call showcased a robust operational and financial performance, marked by record-setting achievements and strategic successes. The company highlighted its strong free cash flow, operational efficiency, and strategic project execution. Despite some challenges, such as local pricing volatility and high debt levels, the overall sentiment was overwhelmingly positive, with the benefits far outweighing the negatives.

EQT Removes Age Limit for Directors

On October 16, 2025, EQT Corporation’s Board of Directors approved an amendment to the company’s bylaws, removing the age limit for directors, which previously restricted service after the annual meeting following their 74th birthday. Additionally, the Board decided to relocate the corporate headquarters to Canonsburg, Pennsylvania, effective July 1, 2026.

The most recent analyst rating on (EQT) stock is a Hold with a $59.00 price target. To see the full list of analyst forecasts on EQT stock, see the EQT Stock Forecast page.

EQT CIO Announces Unpaid Sabbatical Leave

On August 25, 2025, EQT Corporation announced that its Chief Information Officer, Richard A. Duran, will take an unpaid sabbatical leave starting September 2, 2025, until February 3, 2026. During this period, Mr. Duran will remain an employee and attend certain meetings, and be available for consultation in emergencies related to information security and cybersecurity.

The most recent analyst rating on (EQT) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on EQT stock, see the EQT Stock Forecast page.