EQT Corporation which can be found using ticker (EQT) now have 22 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 60 and 35 calculating the mean target price we have $44.36. Given that the stocks previous close was at $36.31 and the analysts are correct then we can expect a percentage increase in value of 22.2%. It’s also worth noting that there is a 50 day moving average of $32.46 while the 200 day moving average is $37.55. The market capitalization for the company is 12.96B. The stock price is currently at: 35.85 USD
The potential market cap would be $15,839,245,451 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.15, revenue per share of 30.93 and a 18.09% return on assets.
EQT Corporation is a natural gas producer with operations focused on the Marcellus and Utica Shales of the Appalachian Basin. It has approximately 25.0 trillion cubic feet equivalents (Tcfe) of proved natural gas, natural gas liquids (NGLs), and crude oil reserves across approximately 2.0 million gross acres, including approximately 1.8 million gross acres in the Marcellus play. The Company is focused on the execution of combo-development projects, which refers to the development of several multi-well pads in tandem. It owns or leases approximately 610,000 net acres in Pennsylvania. The Company owns or leases approximately 405,000 net acres in West Virginia. It also owns or leases approximately 65,000 net acres in eastern Ohio. It primarily contracts with MarkWest Energy Partners, L.P. (MarkWest) to process its natural gas and extract from the produced natural gas heavier hydrocarbon streams consisting of ethane, propane, isobutane, normal butane and natural gasoline.
