EQT (NYSE:EQT) Issues Quarterly Earnings Results

EQT (NYSE:EQT) issued its earnings results on Tuesday. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02), FiscalAI reports. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.76 billion. EQT had a net margin of 28.44% and a return on equity of 9.41%. The business’s quarterly revenue was down 29.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 earnings per share.

EQT Trading Up 0.1%

EQT stock opened at $54.06 on Thursday. EQT has a 52-week low of $47.94 and a 52-week high of $68.24. The company has a market cap of $33.81 billion, a P/E ratio of 12.51 and a beta of 0.55. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.19. The business has a 50-day simple moving average of $52.99 and a two-hundred day simple moving average of $56.51.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 5th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. EQT’s dividend payout ratio is currently 15.31%.

Insider Buying and Selling at EQT

In related news, CEO Toby Z. Rice sold 96,983 shares of EQT stock in a transaction on Friday, June 5th. The stock was sold at an average price of $54.28, for a total transaction of $5,264,237.24. Following the transaction, the chief executive officer directly owned 2,334,924 shares in the company, valued at approximately $126,739,674.72. The trade was a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $59.80, for a total value of $246,136.80. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,830 shares of company stock worth $5,602,913 in the last quarter. Corporate insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On EQT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its holdings in shares of EQT by 104.4% in the 4th quarter. Captrust Financial Advisors now owns 40,787 shares of the oil and gas producer’s stock worth $2,186,000 after purchasing an additional 20,828 shares during the period. Horizon Investments LLC raised its holdings in EQT by 43.6% during the 3rd quarter. Horizon Investments LLC now owns 85,502 shares of the oil and gas producer’s stock valued at $4,640,000 after buying an additional 25,971 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in EQT by 495.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after buying an additional 106,545 shares during the period. Syon Capital LLC lifted its position in EQT by 19.1% in the fourth quarter. Syon Capital LLC now owns 5,096 shares of the oil and gas producer’s stock worth $273,000 after buying an additional 816 shares during the last quarter. Finally, Adalta Capital Management LLC lifted its position in EQT by 71.2% in the third quarter. Adalta Capital Management LLC now owns 11,300 shares of the oil and gas producer’s stock worth $615,000 after buying an additional 4,700 shares during the last quarter. 90.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EQT has been the topic of several research analyst reports. Roth Capital restated a “neutral” rating on shares of EQT in a research report on Tuesday, April 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $69.00 target price on shares of EQT in a research note on Wednesday, April 15th. Barclays raised their price target on shares of EQT from $69.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday. Wolfe Research raised their target price on EQT from $64.00 to $69.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Finally, JPMorgan Chase & Co. dropped their price objective on EQT from $72.00 to $68.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.21.

EQT News Summary

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT raised its 2026 production guidance by about 90 Bcfe after stronger well performance and improved compression investments boosted output and reduced decline rates. Article Title
• Positive Sentiment: The company lowered 2026 capital spending and said free cash flow is improving, helped by lower-than-expected operating costs and stronger cash generation in Q2. Article Title
• Positive Sentiment: EQT announced new long-term commercial deals, including a 10-year natural gas supply agreement with Competitive Power Ventures and a 5-year LNG offtake deal, which could support future revenue and cash flow. Article Title
• Positive Sentiment: Analysts turned more constructive after earnings, with Stephens raising its price target and reiterating an overweight rating, reinforcing the view that the stock has upside from current levels. Article Title
• Neutral Sentiment: EQT’s Q2 revenue was roughly in line to slightly above expectations, but adjusted EPS missed consensus as realized natural gas prices remained weak. Article Title
• Neutral Sentiment: Coverage also focused on EQT’s improving operational execution and strategic moves, including the Southgate project acceleration and Blackline Midstream acquisition, which are longer-term positives but not immediate earnings drivers. Article Title
• Negative Sentiment: The quarter’s profit miss and weaker natural gas pricing remain a headwind, with revenue down sharply year over year despite stronger volumes. Article Title

EQT Company Profile

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.