EQT Corp

EQT Corp

EQT

Market Cap$31.88B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
EQT CorpEQT Corp44.13.04%-908%-0.7

Earnings Call Q3 2024

October 30, 2024 - AI Summary

**Strategic Acquisition of Equitrans Midstream**: EQT's acquisition of Equitrans Midstream has transformed it into the only large-scale vertically-integrated natural gas business in America. The company has successfully completed over 60% of its integration tasks within three months and has already realized $145 million in annualized cost savings, exceeding original expectations.
**Strong Operational Performance and Increased Completion Efficiency**: In Q3, EQT reported production volumes of 581 Bcfe, outpacing guidance by 4%. The company achieved record completion efficiency with footage completed per day averaging 35% faster than 2023 rates, enabling potential future capital savings of approximately $50 million to $60 million per year.
**Net Zero Greenhouse Gas Emissions**: EQT became the first large-scale traditional energy producer globally to achieve net zero Scope 1 and 2 emissions ahead of its 2025 goal, reinforcing its commitment to sustainability. This achievement is anticipated to enhance EQT's competitive positioning in the market.

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$43.50

Target Price by Analysts

19.1% downsideEQT Target Price DetailsTarget Price
$82.39

Current Fair Value

53.2% upside

Undervalued by 53.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$31.88 Billion
Enterprise Value$45.59 Billion
Dividend Yield$0.63 (3.03738317757009%)
Earnings per Share$4.56
Beta1.09
Outstanding Shares559,603,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio44.1
PEG-0.02
Price to Sales0.01
Price to Book Ratio1.49
Enterprise Value to Revenue0.01
Enterprise Value to EBIT-1.09
Enterprise Value to Net Income-1
Total Debt to Enterprise0.3
Debt to Equity0.68

Revenue Sources

No data

Insider Trades

ESG Score

No data

About EQT Corp

CEO: Toby Rice