EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2020, it had 19.8 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 1.8 million gross acres. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: eqt.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/17/2025 | $54.00 | Sector Outperform → Sector Perform | Scotiabank |
1/15/2025 | $73.00 | Mkt Perform → Outperform | Bernstein |
12/16/2024 | $48.00 → $57.00 | Neutral → Outperform | Mizuho |
12/6/2024 | $50.00 | Mkt Perform | Bernstein |
12/3/2024 | $49.00 | Sector Perform | RBC Capital Mkts |
10/28/2024 | $50.00 | Buy | BofA Securities |
10/3/2024 | $37.00 → $44.00 | Neutral → Buy | Citigroup |
8/23/2024 | $37.00 | Neutral | Citigroup |
8/15/2024 | $43.00 → $32.00 | Overweight → Neutral | Piper Sandler |
8/14/2024 | $40.00 → $42.00 | Equal Weight → Overweight | Wells Fargo |
PITTSBURGH, Jan. 13, 2025 /PRNewswire/ -- EQT Corporation (NYSE:EQT) plans to issue its fourth quarter and year-end 2024 financial and operating results news release after market close on Tuesday, February 18, 2025, and will host a conference call to review the results and other relevant matters on Wednesday, February 19, 2025, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will be archived and
PITTSBURGH, Dec. 31, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) announced today it has closed on the sale of its remaining non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties Inc. and its affiliates. EQT received approximately $1.25 billion in cash proceeds, less closing adjustments, from the sale, which was used to repay outstanding borrowings under its revolving credit facility. Investor ContactCameron HorwitzManaging Director, Investor Relations & [email protected] About EQT CorporationEQT Corporation is
PITTSBURGH, Dec. 30, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) (together with its subsidiaries, "EQT") announced today that it has closed on the formation and funding of its previously announced midstream joint venture ("JV") with an affiliate of Blackstone Credit & Insurance ("BXCI"; Blackstone (NYSE: BX)). EQT received $3.5 billion of cash consideration, net of certain transaction fees and expenses, from BXCI in exchange for a non-controlling common equity interest in the JV. EQT used the proceeds from this transaction to pay down its term loan and revolving credit facility and the bridge term loan facility that was used to fund the previously announced redemption and repurchase of
PITTSBURGH, Dec. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) ("EQT" and, collectively with its subsidiaries, the "Company") today announced the early results and upsizing of the previously announced tender offer (the "Tender Offer") by its indirect wholly owned subsidiary, EQM Midstream Partners, LP ("EQM"), to purchase for cash EQM's outstanding 6.500% Senior Notes due 2048 (the "2048 Notes"), 5.500% Senior Notes due 2028 (the "2028 Notes"), 4.50% Senior Notes due 2029 (the "2029 Notes") and 7.500% Senior Notes due 2030 (the "2030 Notes" and, collectively with the 2048 Notes, the 2028 Notes and the 2029 Notes, the "Notes") and the early results of the related Consent Solicitation (a
Offer to Purchase for CashUp to $1.275 Billion Aggregate Purchase Price for 6.500% Senior Notes due 2048, 5.500% Senior Notes due 2028, 4.50% Senior Notes due 2029 and 7.500% Senior Notes due 2030 Solicitation of Consents to Proposed Reporting Amendments to the Indentures Governing6.500% Senior Notes due 2048 and 5.500% Senior Notes due 2028 PITTSBURGH, Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its subsidiaries, the "Company") today announced that its indirect wholly owned subsidiary, EQM Midstream Partners, LP ("EQM"), has commenced a tender offer (the "Tender Offer") to purchase for cash EQM's outstanding 6.500% Senior Notes due 2048 (the "2048
PITTSBURGH, Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1) Under the terms of the agreement BXCI will provide EQT $3.5 billion of cash consideration in exchange for a non-c
PITTSBURGH, Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 and Recent Highlights: Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergiesSales volume of 581 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and stron
First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions PITTSBURGH, Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired Tug Hill/XcL Midstream and Alta Resources assets, which were not part of the original target set in 2021 and combined represented an approximately 52% increase relative to starting-point em
PITTSBURGH, Oct. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.1575 per share, payable on December 2, 2024, to shareholders of record at the close of business on November 6, 2024. Investor ContactCameron HorwitzManaging Director, Investor Relations & [email protected] About EQT CorporationEQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin.
PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, October 30, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will be archived and available, for one yea
Scotiabank downgraded EQT Corp. from Sector Outperform to Sector Perform and set a new price target of $54.00
Bernstein upgraded EQT Corp. from Mkt Perform to Outperform and set a new price target of $73.00
Mizuho upgraded EQT Corp. from Neutral to Outperform and set a new price target of $57.00 from $48.00 previously
Bernstein initiated coverage of EQT Corp. with a rating of Mkt Perform and set a new price target of $50.00
RBC Capital Mkts resumed coverage of EQT Corp. with a rating of Sector Perform and set a new price target of $49.00
BofA Securities resumed coverage of EQT Corp. with a rating of Buy and set a new price target of $50.00
Citigroup upgraded EQT Corp. from Neutral to Buy and set a new price target of $44.00 from $37.00 previously
Citigroup resumed coverage of EQT Corp. with a rating of Neutral and set a new price target of $37.00
Piper Sandler downgraded EQT Corp. from Overweight to Neutral and set a new price target of $32.00 from $43.00 previously
Wells Fargo upgraded EQT Corp. from Equal Weight to Overweight and set a new price target of $42.00 from $40.00 previously
4 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
3 - EQT Corp (0000033213) (Issuer)
3 - EQT Corp (0000033213) (Issuer)
3 - EQT Corp (0000033213) (Issuer)
4 - EQT Corp (0000033213) (Issuer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
10-Q - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
8-K - EQT Corp (0000033213) (Filer)
SD - EQT Corp (0000033213) (Filer)
PITTSBURGH, Jan. 13, 2025 /PRNewswire/ -- EQT Corporation (NYSE:EQT) plans to issue its fourth quarter and year-end 2024 financial and operating results news release after market close on Tuesday, February 18, 2025, and will host a conference call to review the results and other relevant matters on Wednesday, February 19, 2025, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will be archived and
PITTSBURGH, Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 and Recent Highlights: Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergiesSales volume of 581 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and stron
PITTSBURGH, Oct. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.1575 per share, payable on December 2, 2024, to shareholders of record at the close of business on November 6, 2024. Investor ContactCameron HorwitzManaging Director, Investor Relations & [email protected] About EQT CorporationEQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin.
PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, October 30, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will be archived and available, for one yea
PITTSBURGH, July 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced financial and operational results for the second quarter of 2024. Second Quarter 2024 and Recent Highlights: Closed the acquisition of Equitrans Midstream Corporation (Equitrans) a full quarter ahead of plan, resulting in approximately $150 million of savings relative to initial expectations; accelerates synergy capture and the commencement of deleveraging planSales volume of 508 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and strong well performanceCa
PITTSBURGH, July 16, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on September 1, 2024, to shareholders of record at the close of business on August 7, 2024. Investor ContactCameron HorwitzManaging Director, Investor Relations & [email protected] About EQT CorporationEQT Corporation is a leading independent natural gas production company with operations focused in the Appalachian Basin. We are dedicated to responsibly developing our world-cl
PITTSBURGH, July 1, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) plans to issue its second quarter financial and operating results news release after market close on Tuesday, July 23, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, July 24, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will be archived and available, for one year, in
Equitrans Midstream Corporation (NYSE:ETRN) ("Equitrans") and EQT Corporation (NYSE:EQT) ("EQT") today announced that, in connection with Equitrans' proposed transaction with EQT (the "Merger"), the deadline for record holders of Equitrans Series A Perpetual Convertible Preferred Shares ("Equitrans Preferred Stock") to elect the form of consideration they wish to receive in connection with the change of control contemplated by the Merger in accordance with the Second Amended and Restated Articles of Incorporation of Equitrans (the "Equitrans Articles") is 11:59 p.m. Eastern Time on July 9, 2024 (the "Election Deadline"). This press release features multimedia. View the full release here: h
PITTSBURGH, April 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced financial and operational results for the first quarter of 2024. First Quarter 2024 and Recent Highlights: Net cash provided by operating activities of $1,156 million; generated $402 million of free cash flow(1) and exited the quarter with approximately $650 million of cash on the balance sheetTotal sales volume of 534 Bcfe, towards the high-end of guidance adjusted for curtailments, reflecting continued operational efficiency gains and strong well performanceLease operating expenses of $0.1
PITTSBURGH, April 17, 2024 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on June 1, 2024, to shareholders of record at the close of business on May 8, 2024. Investor ContactCameron HorwitzManaging Director, Investor Relations & [email protected] About EQT CorporationEQT Corporation is a leading independent natural gas production company with operations focused in the Appalachian Basin. We are dedicated to responsibly developing our world-class as
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G - EQT Corp (0000033213) (Subject)
SC 13G - EQT Corp (0000033213) (Subject)
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G/A - EQT Corp (0000033213) (Subject)
SC 13G - EQT Corp (0000033213) (Subject)
SC 13G - EQT Corp (0000033213) (Subject)
STOCKHOLM, Sept. 3, 2024 /PRNewswire/ -- EQT is excited to announce that Henry Steinberg assumes the role of global head of EQT Exeter today. Ward Fitzgerald, founder and global head of EQT Exeter, has decided to step down. EQT also announces that Matthew Brodnik, Chief Investment Officer, North American Industrial, assumes the role of Global CIO of EQT Exeter. Since founding the firm nearly 20 years ago, Ward has, together with EQT, led EQT Exeter to become a leading global real estate investment manager with over 450 professionals across 50 offices globally. With nearly $30B of equity under management, EQT Exeter owns and operates over 2,000 properties and 375 million square feet. Ward w
NEW YORK, July 16, 2024 /PRNewswire/ -- S&P SmallCap 600 constituent Abercrombie & Fitch Co. (NYSE:ANF) will replace Equitrans Midstream Corp. (NYSE:ETRN) in the S&P MidCap 400, and Gates Industrial Corporation plc (NYSE:GTES) will replace Abercrombie & Fitch in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 22. S&P 500 constituent EQT Corp. (NYSE:EQT) is acquiring Equitrans Midstream in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector July 22, 2024 S&P MidCap 400
EQT Private Equity to acquire Zeus, a leading supplier of custom polymer components to the world's most innovative medical device and industrial companies Transaction highlights EQT's commitment to partnering with leading, purpose-driven companies that deliver inherently critical services to society. Zeus uses its material science expertise to develop advanced components for medical devices used in minimally invasive, life-saving procedures EQT will support Zeus through investments in additional production capacity, R&D, and operational excellenceNEW YORK, Dec. 18, 2023 /PRNewswire/ -- The EQT X fund ("EQT") and Zeus Company, Inc., today jointly announced that they have e
PITTSBURGH, Dec. 2, 2023 /PRNewswire/ -- EQT Corporation (NYSE:EQT), the largest producer of natural gas in the United States, today announced its participation in the Oil and Gas Decarbonization Charter (OGDC) unveiled at COP28. This landmark charter is dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors. "EQT is proud to join this landmark charter. EQT has been at the forefront of emissions reduction for years. Our aggressive net zero targets, vigorous efforts to reduce methane emissions, commitment to transparency and focus
PITTSBURGH, July 20, 2023 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced Jeremy Knop has been named Chief Financial Officer ("CFO"), following completion of the Company's previously announced succession process. Mr. Knop, who previously served as the Company's Executive Vice President of Corporate Development, will assume the CFO role effective July 24, 2023. Mr. Knop has extensive experience in strategic decision making, investment management, capital allocation, M&A and transaction execution. In his previous role at EQT, Mr. Knop was responsible for leading EQT's
PITTSBURGH, Sept. 27, 2021 /PRNewswire/ -- EQT Corporation (NYSE:EQT) today announced that its Board of Directors has appointed Frank C. Hu, former Vice President of Capital World Investors, an investment group in the Capital Group Companies, Inc., to the EQT Board of Directors, effective as of October 19, 2021. "We are pleased to welcome Frank to the EQT Board. His decades of financial experience and deep understanding of the oil and gas industry bring added depth to our Board," said Lydia I. Beebe, Chair of the EQT Board. "The combination of Frank's executive leadership experience managing downstream and business development segments, coupled with his strong oil and gas investment backgro