EQT (NYSE:EQT) Posts Earnings Results, Misses Estimates By $0.02 EPS

EQT (NYSE:EQT) released its quarterly earnings results on Tuesday. The oil and gas producer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02), FiscalAI reports. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.76 billion. EQT had a return on equity of 9.74% and a net margin of 31.94%.During the same period in the prior year, the firm posted $0.45 earnings per share.

EQT Price Performance

NYSE:EQT opened at $49.86 on Wednesday. The firm has a market cap of $31.19 billion, a price-to-earnings ratio of 9.46 and a beta of 0.55. EQT has a one year low of $47.94 and a one year high of $68.24. The firm’s fifty day moving average is $53.02 and its two-hundred day moving average is $56.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 0.66.

EQT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 5th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, August 5th. EQT’s payout ratio is presently 12.52%.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT raised its 2026 production forecast by about 90 Bcfe after stronger well performance, compression-investment benefits, and lower decline rates improved the outlook. Article: EQT Raises Production Outlook and Lowers Capital Spending Forecast
• Positive Sentiment: The company lowered full-year capital spending guidance by $25 million, signaling better efficiency and potentially stronger free cash flow. Article: EQT Reports Second Quarter 2026 Results
• Positive Sentiment: Q2 production came in above the high end of guidance, and capital expenditures were below expectations, both of which support the view that EQT is executing well operationally. Article: EQT Reports Second Quarter 2026 Results
• Positive Sentiment: EQT also signed new long-term commercial agreements, including a power-supply deal and an LNG offtake contract, which could support future cash flow growth. Article: EQT Reports Second Quarter 2026 Results

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Evercore raised their price objective on shares of EQT from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. BMO Capital Markets reduced their price target on EQT from $76.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Jefferies Financial Group decreased their price target on EQT from $77.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Sanford C. Bernstein dropped their price objective on EQT from $73.00 to $69.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $69.00 price objective on shares of EQT in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, EQT presently has a consensus rating of “Moderate Buy” and an average price target of $68.12.

Insider Buying and Selling at EQT

In related news, CEO Toby Z. Rice sold 1,731 shares of EQT stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $53.46, for a total transaction of $92,539.26. Following the transaction, the chief executive officer owned 2,333,193 shares in the company, valued at approximately $124,732,497.78. This trade represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $59.80, for a total value of $246,136.80. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 102,830 shares of company stock worth $5,602,913. 0.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On EQT

Several institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. acquired a new stake in EQT in the third quarter worth approximately $114,000. Caxton Associates LLP acquired a new position in shares of EQT during the 1st quarter valued at about $256,000. Syon Capital LLC increased its stake in shares of EQT by 19.1% in the fourth quarter. Syon Capital LLC now owns 5,096 shares of the oil and gas producer’s stock worth $273,000 after purchasing an additional 816 shares during the period. Adalta Capital Management LLC grew its position in EQT by 71.2% during the third quarter. Adalta Capital Management LLC now owns 11,300 shares of the oil and gas producer’s stock worth $615,000 after buying an additional 4,700 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake in EQT by 9.0% during the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after buying an additional 1,789 shares in the last quarter. 90.81% of the stock is owned by institutional investors.

About EQT

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.