EQT (EQT) AI Stock Analysis

• Market Cap: $34.22B
• Dividend Yield: 1.15%
• Average Volume (3M): 7.08M
• Price to Earnings (P/E): 94.6
• Beta (1Y): 0.90
• Revenue Growth: 39.56%
• EPS Growth: -59.84%
• Country: US
• Employees: 881
• Sector: Energy
• Sector Strength: 62
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 1.18
• Shares Outstanding: 623,855,160
• 10 Day Avg. Volume: 7,876,181
• 30 Day Avg. Volume: 7,082,937
• PEG Ratio: 2.57
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.31
• Enterprise Value/Market Cap: 1.29
• Enterprise Value/Revenue: 2.12
• Enterprise Value/Gross Profit: 14.26
• Enterprise Value/Ebitda: 3.75
• 1Y Price Target: $62.72
• Price Target Upside: 14.29% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 18

• Rating: 76 Outperform
• Price Target: $63.00 ▲(14.80%Upside)

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.

Positive Factors

Hedging Strategy

EQT's opportunistic hedging strategy aims to enhance margins and preserve upside while maintaining flexibility.

Strategic Growth Projects

Strategic growth projects, such as the MVP expansion, may add significant value depending on opportunities.

Vertical Integration

EQT's vertical integration enhances efficiency and lowers maintenance capital, creating future value opportunities.

Negative Factors

Pipeline Capacity Challenges

EQT faces commercial and political challenges in expanding pipeline capacity out of Appalachia.

Production Guidance

The production guidance for the second quarter fell short of expectations with higher capital expenditure than initially estimated.

Production Levels

EQT anticipates a slightly lower production level due to tactical curtailments in response to weak pricing.

EQT Business Overview & Revenue Model

Company Description

EQT Corporation is a leading independent natural gas production company in the United States. Headquartered in Pittsburgh, Pennsylvania, EQT is one of the largest producers of natural gas in the Appalachian Basin, with operations primarily focused on the Marcellus and Utica Shales. The company is committed to being a low-cost operator and delivering sustainable energy solutions.

How the Company Makes Money

EQT makes money primarily through the exploration, production, and sale of natural gas. The company generates revenue by extracting natural gas from its extensive reserves in the Appalachian Basin and selling it to utilities, industrial users, and other energy companies. EQT's business model focuses on maintaining operational efficiency and reducing production costs to maximize profit margins. Additionally, the company benefits from strategic pipeline infrastructure that facilitates the efficient transportation of natural gas to market. EQT also engages in hedging strategies to manage price volatility and secure stable cash flows. Revenue growth is supported by factors such as increasing demand for natural gas, advances in drilling technology, and strategic acquisitions that expand its asset base.

EQT Financial Statement Overview

Summary

EQT demonstrates solid financial health with strong revenue and cash flow growth, efficient cost management, and a stable balance sheet. The company is well-positioned in the industry, showing resilience against sector volatility. While rising debt levels and slight operational challenges should be monitored, overall financial stability and liquidity remain robust.

Income Statement

EQT has shown a positive trend in revenue growth, with a TTM (Trailing-Twelve-Months) revenue of $5.66 billion, up from $5.22 billion in the previous year. The gross profit margin is strong at approximately 54.6%, reflecting efficient cost management. The net profit margin improved significantly to 7.82% in the TTM period, demonstrating enhanced profitability. However, there was a slight decline in EBIT margin, indicating potential operational challenges.

Balance Sheet

The company's balance sheet exhibits a stable equity base with stockholders' equity at $20.72 billion. The debt-to-equity ratio of approximately 0.41 suggests moderate leverage, which is manageable. The equity ratio of 52.2% indicates a solid equity position relative to total assets, providing a cushion against financial volatility. However, the increase in total debt warrants monitoring to ensure continued financial stability.

Cash Flow

EQT shows robust cash flow generation with TTM operating cash flow of $3.41 billion and free cash flow of $1.19 billion. The free cash flow growth rate is impressive at over 108%, underscoring strong cash generation capabilities. The operating cash flow to net income ratio stands at 7.71, reflecting efficient conversion of income into cash. These factors contribute to a strong cash flow position, reinforcing liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.34B	5.22B	5.07B	12.14B	6.84B	2.66B
Gross Profit	3.11B	2.68B	3.08B	8.06B	3.00B	-626.98M
EBITDA	3.35B	2.88B	4.06B	4.25B	396.92M	450.12M
Net Income	369.23M	230.58M	1.74B	1.77B	-1.15B	-967.18M
Balance Sheet
Total Assets	39.70B	39.83B	25.29B	22.67B	21.61B	18.11B
Cash, Cash Equivalents and Short-Term Investments	281.76M	202.09M	80.98M	1.46B	113.96M	18.21M
Total Debt	8.39B	9.37B	5.84B	5.71B	5.51B	4.95B
Total Liabilities	15.30B	15.55B	10.50B	11.46B	11.56B	8.85B
Stockholders Equity	20.72B	20.60B	14.77B	11.17B	10.03B	9.26B
Cash Flow
Free Cash Flow	1.19B	573.26M	1.16B	2.04B	607.32M	495.47M
Operating Cash Flow	3.41B	2.83B	3.18B	3.47B	1.66B	1.54B
Investing Cash Flow	-1.55B	-1.58B	-4.31B	-1.42B	-2.07B	-1.56B
Financing Cash Flow	-2.23B	-1.13B	-242.86M	-699.13M	506.05M	31.71M

EQT Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 54.88
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EQT, the sentiment is Neutral. The current price of 54.88 is below the 20-day moving average (MA) of 57.13, below the 50-day MA of 55.62, and above the 200-day MA of 48.14, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 42.96 is Neutral, neither overbought nor oversold. The STOCH value of 18.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EQT.

EQT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DVN	79 Outperform	$22.42B	7.95	20.88%	2.75%	12.06%	-16.37%
EQT	76 Outperform	$34.22B	94.60	2.06%	1.15%	39.56%	-59.84%
CTRA	76 Outperform	$18.94B	14.49	9.40%	3.49%	10.33%	-0.13%
Sector *	68 Neutral	$15.27B	10.03	6.34%	5.16%	4.13%	-66.99%
RRC	66 Neutral	$9.19B	34.46	6.96%	0.94%	11.88%	-43.44%
CNX	64 Neutral	$4.69B	9.01	-7.30%	―	22.23%	-130.65%
CQP	60 Neutral	$26.84B	13.26	124.29%	5.95%	3.94%	9.35%

EQT Corporate Events

EQT Completes Olympus Energy Acquisition with Stock Issuance

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.

EQT Executive Vice President Resigns for New Role

On May 30, 2025, Robert R. Wingo informed EQT Corporation of his decision to resign as Executive Vice President Corporate Ventures & Midstream to pursue a position at another company. His resignation will be effective on June 20, 2025, potentially impacting EQT’s operations and strategic ventures in the corporate and midstream sectors.

The most recent analyst rating on (EQT) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on EQT stock, see the EQT Stock Forecast page.

EQT Shareholders Approve 2025 Employee Stock Plan

At the Annual Meeting of Shareholders held on April 16, 2025, EQT Corporation’s shareholders approved the 2025 Employee Stock Purchase Plan, which allows employees to purchase company stock at a discounted rate starting in 2026. Additionally, an amendment to the company’s bylaws was approved to provide officer exculpation under Pennsylvania law. The meeting also saw the election of directors, approval of executive compensation, and ratification of Ernst & Young LLP as the independent auditor for 2025.