Latest news with #EQTCorporation
Yahoo
a day ago
- Business
- Yahoo
EQT Corporation's (NYSE:EQT) high institutional ownership speaks for itself as stock continues to impress, up 3.0% over last week
Explore EQT's Fair Values from the Community and select yours Key Insights Significantly high institutional ownership implies EQT's stock price is sensitive to their trading actions A total of 15 investors have a majority stake in the company with 50% ownership Insiders have sold recently AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A look at the shareholders of EQT Corporation (NYSE:EQT) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 88% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And last week, institutional investors ended up benefitting the most after the company hit US$33b in market cap. The one-year return on investment is currently 67% and last week's gain would have been more than welcomed. Let's take a closer look to see what the different types of shareholders can tell us about EQT. See our latest analysis for EQT What Does The Institutional Ownership Tell Us About EQT? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that EQT does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at EQT's earnings history below. Of course, the future is what really matters. Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. EQT is not owned by hedge funds. The Vanguard Group, Inc. is currently the largest shareholder, with 12% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.6% of common stock, and Wellington Management Group LLP holds about 6.9% of the company stock. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. Insider Ownership Of EQT The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own less than 1% of EQT Corporation. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$229m worth of shares (at current prices). In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. General Public Ownership The general public-- including retail investors -- own 11% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
11-08-2025
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for EQT Corporation Stock?
Pittsburgh, Pennsylvania-based EQT Corporation (EQT) produces, gathers, and transmits natural gas. Valued at a market cap of $32 billion, the company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers. It also provides marketing and contractual pipeline capacity management services. This energy company has considerably outpaced the broader market over the past 52 weeks. Shares of EQT have surged 65.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, the stock is up 11.7%, compared to SPX's 8.6% YTD rise. More News from Barchart Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Zooming in further, EQT's outperformance looks even more pronounced when compared to the SPDR S&P Oil & Gas Exploration & Production ETF's (XOP) 9.4% downtick over the past 52 weeks and 6.6% loss on a YTD basis. EQT delivered its Q2 results on Jul. 22. The company's overall revenue grew by a notable 168.5% year-over-year to $2.6 billion, with natural gas, natural gas liquids and oil sales increasing by 91.2%. Higher sales volume and increased average realized prices supported its top-line growth. Moreover, its adjusted EPS came in at $0.45, up from an adjusted loss of $0.08 recorded in the year-ago quarter and 2.3% above the consensus estimates. Despite this, its shares plunged 4.4% in the following trading session. For the current fiscal year, ending in December, analysts expect EQT's EPS to grow 105.6% year over year to $3.31. The company's earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 18 'Strong Buy,' one "Moderate Buy,' and four 'Hold' ratings. This configuration is more bullish than two months ago, with 15 analysts suggesting a 'Strong Buy' rating. On Aug. 2, Jefferies Financial Group Inc. (JEF) analyst Lloyd Byrne maintained a "Buy" rating on EQT and set a price target of $70, implying a 36.5% potential upside from the current levels. The mean price target of $64.39 represents a 25.5% premium from EQT's current price levels, while the Street-high price target of $75 suggests an ambitious upside potential of 46.2%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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
Globe and Mail
28-07-2025
- Business
- Globe and Mail
EQT Falls 4% Despite Q2 Earnings Beat Driven by Upstream Operations
EQT Corporation EQT reported robust second-quarter 2025 earnings, backed by its core upstream operations. Despite this, the stock price has lost nearly 4% since its earnings release on July 22. The leading natural gas producer is now undervalued, and its current affordability is reflected in its trailing 12-month enterprise value-to-EBITDA (EV/EBITDA) ratio of 8.47, significantly lower than the industry 's 10.83. EQT's Upstream Business EQT is a leading producer of natural gas in the United States, with a primary focus on the Appalachian region. At its current drilling pace, the natural gas producer has sufficient locations to continue operations for more than three decades. The company expects its drilling and upstream operations to yield consistently good results, particularly during the drilling of new wells. It currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Robust Q2 Earnings EQT reported second-quarter 2025 adjusted earnings from continuing operations of 45 cents per share, which beat the Zacks Consensus Estimate of 44 cents. The bottom line increased from the year-ago reported loss of 8 cents. Adjusted operating revenues increased to $1,599 million from $1,183 million in the prior-year quarter. However, the top line missed the Zacks Consensus Estimate of $1,793 million. The strong quarterly earnings were driven by higher sales volume and increased average realized prices. Q2 Operations Favorable In the June quarter, EQT produced 568.2 billion cubic feet (Bcfe) of natural gas, higher than 507.5 Bcfe in the prior-year quarter. The production volumes, however, marginally missed our estimate of 569.3 Bcfe. Natural gas contributed about 94% of the total production, amounting to 534.4 Bcf. Although this was slightly below our estimate of 535.3 Bcf, it increased from the previous year's 474.1 Bcf. The year-over-year growth was driven by strong well performance. Also, the upstream player reported an average natural gas price, including cash-settled derivatives, at $2.69 per Mcf, higher than $2.16 in the prior-year quarter. Earnings Update for XOM & CVX Two other energy giants, Exxon Mobil Corporation XOM and Chevron Corporation CVX, are slated to release second-quarter results on Aug 1, 2025. XOM disclosed in an 8-K filing that it expects earnings to be hurt sequentially by lower oil and natural gas prices. With exploration and production activities contributing mostly to XOM's bottom line, a weaker commodity pricing environment in the June quarter of this year is a concern. Softer commodity prices are expected to hurt XOM's upstream business, as the energy giant forecasts that lower oil prices will sequentially decrease its upstream earnings by $800 million to $1.2 billion. A change in gas prices will reduce its upstream profit by $300 million to $700 million. Thus, it can be assumed that ExxonMobil's second-quarter results are going to take a hit. The Zacks Consensus Estimate for XOM's earnings for the June quarter is pegged at $1.46 per share, suggesting a decline of almost 32% year over year. Coming to Chevron's story, the Zacks Consensus Estimate of CVX's earnings for the second quarter is pegged at $1.66 per share, suggesting a decline of almost 35% year over year. 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. Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report
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
