EQT Stock Summary and Trading Ideas (Eqt | NYSE:EQT)

EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and the transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

Eqt trades on the NYSE stock market under the symbol EQT.

As of April 9, 2025, EQT stock price declined to $46.60 with 2,567,619 million shares trading.

EQT has a beta of 1.31, meaning it tends to be more sensitive to market movements. EQT has a correlation of 0.35 to the broad based SPY ETF.

EQT has a market cap of $27.84 billion. This is considered a Large Cap stock.

Last quarter Eqt reported $2 billion in Revenue and $.69 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.16.

In the last 3 years, EQT traded as high as $56.66 and as low as $28.11.

The top ETF exchange traded funds that EQT belongs to (by Net Assets): VTI, VOO, XLE, VB, IVV.

EQT has outperformed the market in the last year with a return of +28.2%, while the SPY ETF lost -2.5%. In the last 3 month period, EQT beat the market returning -4.6%, while SPY returned -15.1%. However, in the most recent 2 weeks EQT has underperformed the stock market by returning -14.1%, while SPY returned -13.4%.

EQT support price is $46.18 and resistance is $48.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EQT shares will trade within this expected range on the day.