EQT (EQT) AI Stock Analysis

• Market Cap: $33.92B
• Dividend Yield: 1.17%
• Average Volume (3M): 8.11M
• Price to Earnings (P/E): 18.5
• Beta (1Y): 0.83
• 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: 624,070,800
• 10 Day Avg. Volume: 9,198,458
• 30 Day Avg. Volume: 8,111,794
• 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: 1.35
• Enterprise Value/Revenue: 5.32
• Enterprise Value/Gross Profit: 11.21
• Enterprise Value/Ebitda: 8.08
• 1Y Price Target: $65.12
• Price Target Upside: 21.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 19
• EPS Forecast (FY): 2.91
• Revenue Forecast (FY): $8.34B

• Rating: 81 Outperform
• Price Target: $68.00 ▲(26.49% Upside)

EQT's overall stock score reflects its strong financial performance and positive earnings call, which highlight operational efficiency and strategic achievements. The technical analysis suggests a bullish trend, though caution is advised due to potential overbought conditions. Valuation is fair, with a moderate P/E ratio and a modest dividend yield.

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 production company based in the United States, primarily engaged in the exploration, development, and production of natural gas and natural gas liquids. With a strong focus on the Appalachian Basin, particularly the Marcellus and Utica Shales, EQT operates in the energy sector, providing critical resources to meet domestic and global energy needs. The company also emphasizes sustainable and responsible practices in its operations, aiming to minimize environmental impacts while maximizing efficiency and output.

How the Company Makes Money

EQT generates revenue primarily through the sale of natural gas, natural gas liquids, and other hydrocarbon products extracted from its extensive reserves. The company employs a revenue model that includes direct sales to utility companies, industrial users, and through the spot market. Key revenue streams include long-term supply contracts, which provide consistent cash flow, and spot market transactions that capitalize on fluctuating prices. Additionally, EQT may engage in joint ventures and partnerships with other energy companies to expand its operational capabilities and market reach, enhancing its overall profitability. Factors contributing to its earnings include market demand for natural gas, pricing trends in the energy sector, and the company's ability to efficiently manage production costs and optimize its asset portfolio.

EQT Financial Statement Overview

Summary

EQT exhibits strong financial health with improved profitability, efficient capital structure, and robust cash flow generation. The company has shown resilience in enhancing its margins and reducing leverage. Continued focus on revenue growth and maintaining operational efficiency will be essential to sustain its positive financial trajectory.

Income Statement

EQT's income statement shows strong performance with a significant improvement in gross profit and net profit margins in the TTM period. The gross profit margin increased to 47.49%, and the net profit margin rose to 20.69%, indicating enhanced profitability. Revenue growth rate of 7.57% in the TTM period reflects positive growth momentum. The EBIT and EBITDA margins also improved, showcasing operational efficiency. However, past volatility in revenue growth and profitability should be monitored.

Balance Sheet

The balance sheet of EQT is solid with a manageable debt-to-equity ratio of 0.34 in the TTM period, reflecting a stable capital structure. Return on equity improved to 8.29%, indicating efficient use of equity to generate profits. The equity ratio stands at 56.21%, suggesting a strong equity base relative to total assets. While the company has reduced its debt levels over time, maintaining this trend is crucial to mitigate financial risks.

Cash Flow

EQT's cash flow statement demonstrates robust cash generation capabilities with a 17.33% growth in free cash flow in the TTM period. The operating cash flow to net income ratio of 2.17 indicates strong cash flow relative to earnings. The free cash flow to net income ratio of 0.52 suggests a healthy conversion of earnings into cash. Continued focus on cash flow management will be key to sustaining financial flexibility.

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: Negative
• Last Price: 53.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 53.76 is below the 20-day moving average (MA) of 57.56, below the 50-day MA of 56.44, and below the 200-day MA of 53.82, indicating a bearish trend. The MACD of -0.76 indicates Positive momentum. The RSI at 38.52 is Neutral, neither overbought nor oversold. The STOCH value of 12.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EQT.

EQT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQT	81 Outperform	$33.92B	18.55	8.19%	1.17%	64.84%	219.47%
DVN	79 Outperform	$23.18B	8.69	18.35%	2.69%	11.14%	-21.32%
RRC	78 Outperform	$8.39B	14.87	14.18%	1.02%	23.88%	20.55%
CTRA	73 Outperform	$19.73B	11.96	11.86%	3.40%	26.13%	31.42%
AR	67 Neutral	$10.58B	19.20	7.65%	―	17.05%	1028.81%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CRK	59 Neutral	$6.47B	94.39	2.86%	―	35.41%	―

EQT Corporate Events

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.