EQT (NYSE:EQT) Issues Quarterly Earnings Results

EQT (NYSE:EQT) issued its quarterly earnings results on Tuesday. The oil and gas producer reported $2.33 EPS for the quarter, topping the consensus estimate of $2.01 by $0.32, Zacks reports. The firm had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.14 billion. EQT had a net margin of 31.94% and a return on equity of 9.96%. During the same period in the previous year, the firm posted $1.18 EPS.

EQT Stock Up 0.9%

EQT stock opened at $59.22 on Thursday. EQT has a 52 week low of $48.30 and a 52 week high of $68.24. The business has a 50-day simple moving average of $61.13 and a 200 day simple moving average of $57.47. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. The company has a market cap of $37.01 billion, a PE ratio of 11.26, a price-to-earnings-growth ratio of 1.04 and a beta of 0.70.

EQT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 6th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, May 6th. EQT’s payout ratio is 19.94%.

Insider Activity

In other news, insider Lesley Evancho sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the sale, the insider directly owned 184,607 shares in the company, valued at approximately $11,203,798.83. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of EQT stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $64.49, for a total transaction of $314,453.24. Following the sale, the executive vice president directly owned 52,953 shares in the company, valued at $3,414,938.97. This trade represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 61,158 shares of company stock worth $3,742,983. 0.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On EQT

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. bought a new stake in shares of EQT during the third quarter worth $114,000. Syon Capital LLC boosted its holdings in shares of EQT by 19.1% during the 4th quarter. Syon Capital LLC now owns 5,096 shares of the oil and gas producer’s stock valued at $273,000 after acquiring an additional 816 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of EQT by 104.4% during the 4th quarter. Captrust Financial Advisors now owns 40,787 shares of the oil and gas producer’s stock valued at $2,186,000 after acquiring an additional 20,828 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its position in EQT by 495.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock worth $7,468,000 after acquiring an additional 106,545 shares during the last quarter. Finally, Horizon Investments LLC grew its position in EQT by 43.6% during the 3rd quarter. Horizon Investments LLC now owns 85,502 shares of the oil and gas producer’s stock worth $4,640,000 after acquiring an additional 25,971 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on EQT shares. Zacks Research upgraded shares of EQT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 24th. UBS Group lowered their price target on shares of EQT from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Jefferies Financial Group restated a “buy” rating on shares of EQT in a research report on Sunday, January 18th. Piper Sandler boosted their price objective on EQT from $50.00 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Finally, Evercore upped their target price on EQT from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.42.

EQT News Roundup

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q1 results and cash flow — EQT reported an above‑consensus quarter with strong production (sales ~618 Bcfe), revenue and an industry‑leading $1.83B of free cash flow; management highlighted lower capex, falling net debt (~$5.7B) and progress toward its $5B net‑debt target. EQT Reports First Quarter 2026 Results
• Positive Sentiment: Profit and balance‑sheet momentum — EQT beat profit estimates on higher prices/volumes and received a Fitch upgrade to BBB as leverage fell below 1x net debt/EBITDA, improving credit profile and lowering financing risk. EQT beats profit estimates on higher commodity price, sales volume
• Positive Sentiment: Private‑equity momentum — EQT closed a record Asia‑Pacific buyout fund at ~$15.6B, strengthening fee‑earning capacity and dry‑powder to pursue deals. EQT Raises Record $15.6 Billion for Asia Private Equity Fund
• Positive Sentiment: Deal activity — reports say EQT is exploring a takeover of Japan’s Kakaku.com and it has made a revised bid to take Intertek private, evidence of active deal pipeline that could drive fee income and capital deployment. EQT Is Said to Explore Takeover of Japan’s $2.6 Billion Kakaku.com EQT makes revised offer to take Intertek private
• Neutral Sentiment: Strategy commentary — EQT’s CEO framed the AI/tech selloff as an acquisition opportunity for its PE business; strategic but execution/timing risk makes the market reaction mixed. EQT Chief Sees AI Rout as Opportunity for Fresh Tech Bets
• Neutral Sentiment: Analyst stance — Roth Capital maintained a Neutral rating (noting a ~$304M derivatives loss tied to hedging in Q1), while Zacks has a more constructive outlook — mixed analyst views can limit momentum. Roth Capital Maintains Neutral Rating on EQT Corporation (EQT)
• Negative Sentiment: ESOP shelf filing — EQT filed a $1.9B shelf for its ESOP, which raises investor questions about potential future share issuance and dilution. EQT ESOP Shelf Registration Raises Questions On Dilution And Dividends
• Negative Sentiment: Sentiment/flow risks — unusually large put buying and visible insider sales were reported around the quarter, which can increase downside pressure or volatility despite strong fundamentals. (market flow reports)

EQT Company Profile

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.