EQT Corporation (EQT) is currently priced at $59.48, marking an increase of 83.5 cents (1.42%) from the previous close of $58.64. Trading volume stands at $1.30 million, up by 14.56% compared to the average.
EQT's latest quarterly earnings report, released on Monday, April 20th, exceeded expectations with an EPS of 2.09.
The company offers a forward dividend yield of 1.11%, with a dividend per share MRQ of 16.5 cents, reflecting a year-over-year decrease of 25 cents.
Jefferies recently upgraded EQT from "Buy" to "Hold" on April 26th, with the stock price at $58.91 when the new grade was issued.
EQT demonstrates robust financial health with an operating cash flow of $3 billion and free cash flow of $2.46 billion. The company repaid debt amounting to $1.82 billion and saw a net increase in cash of $215.77 million.
EQT reported a net income of $1.55 billion, translating to an EPS of $2.49. The company maintained a strong gross profit margin of 98.38%.
Key ratios indicate EQT's solid performance, including a net profit margin of 46%, return on assets of 3.73, and a price-to-earnings ratio of 6.4.
The company boasts total assets of $41.69 billion, with net debt amounting to $5.39 billion.
This comprehensive analysis showcases EQT Corporation's positive performance and financial stability in the current market session.
EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.