Latest news with #AppalachianBasin
Yahoo
07-08-2025
- Business
- Yahoo
Antero (AR) Uses Free Cash Flow to Reduce Debt and Buy Shares
Antero Resources Corporation (NYSE:AR) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 30, Antero Resources Corporation (NYSE:AR) reported its Q2 2025 financial and operating results, highlighting strong cash flow and debt reduction. The company continues to generate substantial free cash flow in 2025 thanks to its low maintenance capital requirements. A fleet of tanker trucks transporting oil and natural gas, amidst the backdrop of open fields. In the second quarter alone, Antero Resources Corporation (NYSE:AR) used its free cash flow to pay down nearly $200 million in debt and buy back $85 million worth of stock. Year-to-date as of July 30th, the company had repurchased 4.4 million shares for $152 million. The company still has about $900 million remaining on its current share buyback program. Looking ahead, Antero Resources Corporation (NYSE:AR) plans to actively manage its return of capital carefully with a focus on further debt reduction and share buybacks. Antero Resources Corporation (NYSE:AR) is an independent natural gas and liquids company operating in the Appalachian Basin in West Virginia and Ohio. It is a major supplier of natural gas and LPG to the global export market. While we acknowledge the potential of AR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 12 Most Owned Stocks by Hedge Funds So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
07-08-2025
- Business
- Yahoo
Jefferies Raises EQT Price Target Following Olympus Energy Deal
EQT Corporation (NYSE:EQT) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 8, Jefferies increased its price target for EQT Corporation (NYSE:EQT) from $60 to $70 while keeping a Buy rating on the stock. This decision reflects the positive impact of the acquisition of Olympus Energy's upstream and midstream assets on EQT Corporation's (NYSE:EQT) business outlook. The firm updates its estimates for the company to include the acquisition. A storage facility for natural gas, showing the vast reserves of this abundant energy source. EQT Corporation (NYSE:EQT) also updated its 2025 guidance to reflect the acquisition, increasing the annual production guidance by 100 billion cubic feet equivalent (Bcfe). EQT Corporation (NYSE:EQT) is an American vertically integrated natural gas company with production and midstream operations focused in the Appalachian Basin. While we acknowledge the potential of EQT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 12 Most Owned Stocks by Hedge Funds So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
06-08-2025
- Business
- Yahoo
Jefferies Raises EQT Price Target Following Olympus Energy Deal
EQT Corporation (NYSE:EQT) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 8, Jefferies increased its price target for EQT Corporation (NYSE:EQT) from $60 to $70 while keeping a Buy rating on the stock. This decision reflects the positive impact of the acquisition of Olympus Energy's upstream and midstream assets on EQT Corporation's (NYSE:EQT) business outlook. The firm updates its estimates for the company to include the acquisition. A storage facility for natural gas, showing the vast reserves of this abundant energy source. EQT Corporation (NYSE:EQT) also updated its 2025 guidance to reflect the acquisition, increasing the annual production guidance by 100 billion cubic feet equivalent (Bcfe). EQT Corporation (NYSE:EQT) is an American vertically integrated natural gas company with production and midstream operations focused in the Appalachian Basin. While we acknowledge the potential of EQT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 12 Most Owned Stocks by Hedge Funds So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
Piper Sandler Highlights EQT's (EQT) Infrastructure Plans and Near-Term Natural Gas Challenges
EQT Corporation (NYSE:EQT) ranks among the . While reiterating a Neutral rating on EQT Corporation (NYSE:EQT), Piper Sandler raised its price target to $49 from $48 on July 27. Citing EQT's advantageous position to capitalize on Appalachia's long-term gas demand, the firm stated that by fiscal year 2029, it expects to realize $250 million in free cash flow uplift from newly announced gas supply contracts and other infrastructure investments. According to Piper Sandler, this benefit comes with significant upfront expenditures, as EQT Corporation (NYSE:EQT) intends to invest $1 billion in infrastructure, mostly in fiscal years 2027 and 2028, in order to attain its projected free cash flow gains. The firm voiced concerns on the near-term fundamentals of natural gas, pointing out that the company may face challenges due to a robust domestic supply and a strong seasonal storage build. EQT Corporation (NYSE:EQT) is a prominent U.S. natural gas producer that concentrates its midstream and production operations in the Appalachian Basin. While we acknowledge the potential of EQT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
18-07-2025
- Business
- Globe and Mail
EQT to Report Q2 Earnings: Here's What You Need to Know
EQT Corporation EQT is set to report second-quarter 2025 results on July 22, after the closing bell. In the last reported quarter, its adjusted earnings of $1.18 cents per share beat the Zacks Consensus Estimate of $1.02, primarily driven by higher sales volume and increased average realized prices. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 62.9%. This is depicted in the graph below: Estimate Trend The Zacks Consensus Estimate for second-quarter earnings per share of 45 cents has witnessed one downward revision and no upward revision in the past seven days. The estimated figure suggests an improvement of 662.5% from the prior-year reported number. The Zacks Consensus Estimate for revenues of $1.81 billion indicates a 52.97% increase from the year-ago recorded figure. Factors to Consider EQT is the largest producer of natural gas in the United States, with core operations in the Appalachian Basin. Per the data from the U.S. Energy Information Administration ('EIA'), the average Henry Hub Natural Gas Spot prices for April, May and June of this year were $3.42, $3.12, and $3.02 per million Btu, respectively, compared with $1.60, $2.12, and $2.54 per million Btu in the previous year. Although gas prices were favorable, EQT's strategic decision to limit hedging to just 50% of output has left it more exposed to spot price volatility, which might not favor the company this quarter. EQT also continues to face pipeline bottlenecks in the Appalachian region, thereby constraining its ability to capitalize on more favorable pricing in downstream markets. Additionally, although the Olympus acquisition modestly boosted volumes, associated integration and transition costs likely weighed on margins. These factors are anticipated to have affected the company's financial performance in the quarter. Earnings Whispers Our proven model does not indicate an earnings beat for EQT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you will see below. Earnings ESP: EQT has an Earnings ESP of -3.27%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Zacks Rank: EQT currently carries a Zacks Rank #3. Stocks to Consider Here are some stocks that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle. BP plc BP currently has an Earnings ESP of +4.75% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. BP is scheduled to release second-quarter earnings on Aug. 5. The Zacks Consensus Estimate for BP's earnings is pegged at 65 cents per share, suggesting a 35% decrease from the prior-year reported figure. Viper Energy Partners LP VNOM presently has an Earnings ESP of +5.48% and a Zacks Rank #3. Viper Energy is scheduled to release second-quarter earnings on Aug. 4. The Zacks Consensus Estimate for VNOM's earnings is pegged at 31 cents per share, suggesting a 49.2% decrease from the prior-year reported figure. EOG Resources, Inc. EOG currently has an Earnings ESP of +2.61% and a Zacks Rank #3. EOG Resources is scheduled to release second-quarter earnings on Aug. 7. The Zacks Consensus Estimate for EOG's earnings is pegged at $2.14 per share, suggesting a 32.3% decline from the prior-year reported figure. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP): Free Stock Analysis Report EQT Corporation (EQT): Free Stock Analysis Report EOG Resources, Inc. (EOG): Free Stock Analysis Report Viper Energy Inc. (VNOM): Free Stock Analysis Report
