EQT - EQT Corporation

NYSE - NYSE Delayed Price. Currency in USD
20.16
-0.59 (-2.84%)
At close: 4:04PM EDT
Stock chart is not supported by your current browser
Previous Close20.75
Open20.57
Bid20.29 x 1200
Ask20.30 x 1000
Day's Range20.03 - 20.66
52 Week Range16.29 - 31.24
Volume5,065,662
Avg. Volume4,069,972
Market Cap5.136B
Beta (3Y Monthly)0.61
PE Ratio (TTM)N/A
EPS (TTM)-8.60
Earnings DateJul 25, 2019
Forward Dividend & Yield0.12 (0.66%)
Ex-Dividend Date2019-05-14
1y Target Est25.53
Trade prices are not sourced from all markets
  • EQT Corp (EQT) Q1 2019 Earnings Call Transcript
    Motley Fool12 hours ago

    EQT Corp (EQT) Q1 2019 Earnings Call Transcript

    EQT earnings call for the period ending March 31, 2019.

  • EQT CEO: Culture change leading to turnaround
    American City Business Journals12 hours ago

    EQT CEO: Culture change leading to turnaround

    EQT CEO Rob McNally praised the cultural change and efficiencies the natural gas driller’s new management team has achieved in six months, and said EQT wasn’t planning a move out of its offices in downtown Pittsburgh. EQT (NYSE: EQT), which lost $2.2 billion in 2018 and saw capital expenditures increase, has been working under McNally to address shareholder concerns, improve free cash flow and cut expenses. “It’s all positive news on the operating front,” McNally told the Business Times in an interview Thursday afternoon.

  • Business Wire13 hours ago

    EQT Issues Statement in Response to Lawsuit

    EQT Corporation today issued the following statement in response to the lawsuit recently filed by Toby Z. Rice in Pennsylvania State Court.

  • Reuters14 hours ago

    EQT Corp CEO rejects Rice Energy board manipulation lawsuit

    The chief executive of EQT Corp has rejected allegations in a lawsuit filed on Thursday by a founder of Rice Energy Inc to prevent the oil and gas producer from "manipulating" the outcome of its forthcoming board election. Toby and his brother Derek Rice were part of the founding team of Rice Energy, which was bought by EQT in November 2017. Toby, in a statement, alleged that EQT might name Rice nominees in its proxy statement against their wishes, giving an impression that his nominees support the company's current board.

  • Bloomberg15 hours ago

    EQT Investor Sues to Block Driller From Undercutting Board Slate

    Investor Toby Rice alleges EQT is taking the unusual step of requiring nominees for the board to consent to being named in the company’s proxy materials, according to a copy of the complaint in Pennsylvania state court reviewed by Bloomberg News. In an interview, EQT Chief Executive Officer Robert McNally said that’s not the case and that the materials the company asks the nominees to sign are the same it would seek of any nominee. Rice argues that including dissidents candidates on the company proxy card would create “the deceptive appearance” that its nominees support the incumbents.

  • Rice files lawsuit against EQT, claiming it's thwarting proxy campaign
    American City Business Journals17 hours ago

    Rice files lawsuit against EQT, claiming it's thwarting proxy campaign

    Former Rice Energy President Toby Z. Rice on Thursday filed a lawsuit against EQT Corp. and several members of its board of directors, claiming they have tried to thwart his proxy campaign ahead of the natural gas driller’s annual meeting. The lawsuit, in the Allegheny County Court of Common Pleas, is against EQT (NYSE: EQT) and directors James E. Rohr, Robert J. McNally, Philip G. Behrman, A. Bray Cary Jr., Christina A. Cassotis, William M. Lambert, Gerald F. MacCleary, Anita M. Powers, Stephen A. Thorington, Lee T. Todd, Jr., and Christine J. Toretti. “Plaintiff brings this action to enforce his rights under EQT’s bylaws and to prevent EQT and its Board of Directors from undertaking a series of fundamentally unfair and unlawful actions designed to thwart Plaintiff’s proxy campaign and rig the upcoming annual meeting in favor of the Director Defendants,” Rice said in the lawsuit filed Thursday.

  • Business Wire18 hours ago

    Rice Team Files Lawsuit to Prevent EQT from Manipulating Shareholder Election

    Toby Z. Rice, on behalf of the Rice Team, today filed a lawsuit in Pennsylvania State Court against EQT Corporation (EQT) and its Board of Directors. The lawsuit seeks to prevent EQT and the Board from taking actions that the Rice Team believes are designed to thwart its proxy campaign and manipulate the outcome of the upcoming contested election of directors at EQT’s 2019 Annual Meeting of Shareholders, which is taking place on July 10, nearly eight months after the Rice Team engaged with EQT at the request of some of the Company’s largest shareholders.

  • Business Wire22 hours ago

    EQT Reports First Quarter 2019 Results

    New management team delivers strong operational improvements and significant free cash flow generation in consecutive quarters

  • Were Hedge Funds Right About Souring On EQT Corporation (EQT)?
    Insider Monkey2 days ago

    Were Hedge Funds Right About Souring On EQT Corporation (EQT)?

    During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]

  • Seven things we learned from the Rices' proxy filing in its fight for control of EQT
    American City Business Journals3 days ago

    Seven things we learned from the Rices' proxy filing in its fight for control of EQT

    The Rice group took the next step late Monday with the filing of a preliminary proxy statement to try to get enough EQT shareholders to vote for its slate of directors at the natural gas company’s annual meeting July 10. The proxy said some of the shareholders' names weren’t made public.

  • Rices urge shareholders to vote for their opposing EQT board slate
    American City Business Journals3 days ago

    Rices urge shareholders to vote for their opposing EQT board slate

    The showdown, brewing over the past eight months, will come to a head in an annual meeting in early July.

  • Business Wire3 days ago

    EQT Corporation Announces Grant of Inducement Awards to Executive Vice President and Chief Operating Officer

    EQT Corporation is a natural gas production company with emphasis in the Appalachian Basin and operations throughout Pennsylvania, West Virginia and Ohio. With 130 years of experience and a long-standing history of good corporate citizenship, EQT is the largest producer of natural gas in the United States.

  • Key Energy Events This Week
    Market Realist4 days ago

    Key Energy Events This Week

    What Could Impact Natural Gas on April 22?(Continued from Prior Part)Key energy eventsThe EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on April 24 and April 25. The data will likely be a

  • Financial Times4 days ago

    The rise of ‘super carry’ unsettles private equity investors

    Some of the largest private equity groups are raising the performance fees they charge investors to well above the industry’s norm at a time when institutions are fighting to put money into the best funds. Institutional investors are in some cases paying 30 per cent in “carried interest” — the share of profits taken by the private equity groups — up from the traditional 20 per cent share of profits that the industry has charged for decades. Funds charging this “super carry” have been launched recently by Carlyle Group, Vista Equity Partners and Bain Capital in the US and EQT, Eurazeo and Altor in Europe.

  • Sources: EQT starting to scout for a new headquarters office
    American City Business Journals8 days ago

    Sources: EQT starting to scout for a new headquarters office

    EQT Corp. has begun to engage in some preliminary scouting for a new headquarters beyond EQT Plaza, where it is currently located, according to sources familiar with the search. As the natural gas drilling company currently works to sublease a portion of its current headquarters, sources familiar with the search indicate EQT has explored a mix of options in and around downtown, including at the redevelopment of the former Civic Arena site in the Lower Hill District.  The company, which has undergone significant change in the past two years, declined to comment beyond a short statement. EQT (NYSE: EQT) is bound to be heavily courted by developers all over the city, which is in a busy phase for new office development.

  • Earnings Preview: EQT (EQT) Q1 Earnings Expected to Decline
    Zacks8 days ago

    Earnings Preview: EQT (EQT) Q1 Earnings Expected to Decline

    EQT (EQT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire9 days ago

    EQT Declares Quarterly Cash Dividend

    EQT Corporation , today, declared a quarterly cash dividend of $0.03 per share, payable June 1, 2019, to shareholders of record at the close of business on May 15, 2019.

  • EQT seeks to downsize HQ presence downtown
    American City Business Journals11 days ago

    EQT seeks to downsize HQ presence downtown

    After cutting its headcount and opting to split in two, EQT Corp. is now putting some of its headquarters space on the market for sublease, according to new materials distributed by CBRE. Linda Robertson, a spokeswoman for EQT, confirmed the company's decision to sublease a portion of its space, explaining "we have excess capacity in EQT Plaza, which is a result of our November 2018 upstream and midstream separation," providing no further comment. New marketing materials distributed by CBRE for a "Trophy Class A sublease opportunity" shows a little more than 46,000 square feet of space as available on the 12th and 19th floor at EQT Plaza, where the company has kept its corporate headquarters of 250,000 square feet for about 10 years now.

  • 5 Stocks to Profit From (Legal) Insider Buying Signals
    InvestorPlace11 days ago

    5 Stocks to Profit From (Legal) Insider Buying Signals

    When I am analyzing a company to see if it could potentially be a good long-term investment, I always research what the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts and they certainly know more about it than I do. I especially like to see what they are doing after their company's stock has fallen dramatically.I am not implying that there is anything illicit or illegal going on. When an insider wants to buy or sell their company's stock they can, as long as they follow very strict procedures. For instance, they have to file their intent to buy or sell with the SEC, and they are subject to "blackout periods," which are times in which they cannot trade the stock.For example, an insider may be prohibited from buying or selling the stock in the thirty days before or after the earnings release is due to be reported.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat's more, an officer or a director of a company may decide to sell their stock for many reasons. They could need to raise money for tuitions, mortgages, weddings or even divorce settlements. But the insiders only buy for one reason: if they believe that the stock is undervalued and that it will eventually trade at a higher price where they can make a profit. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The following stocks have experienced such insider buying, and as such, are worthy of further inspection: EQT Corp (EQT) Click to Enlarge EQT Corp. (NYSE:EQT, $21.61) deals with natural gas in the Appalachian area. You may have never heard of EQT corporation, but you have probably used their products, as it's the largest producer of natural gas in the United States.Insider buying at the EQT Corporation has been prolific. The President, Robert McNally, bought almost 21,000 shares on March 29 at an average price of $20.80. He spent $200,000. The Executive Vice President, Erin Centofanti, bought almost 8,000 shares on March 29 at $20.83. Sue Smith, the CFO, paid $19.75 for 6,000 shares on March 14.Back in February Jonathon Lushko, the General Counsel and a Senior VP of the company, purchased almost 8,000 shares on the open market at an average price of $19.04. That is an investment of almost $150,000. In addition, the Senior VP of Human Resources, David Smith, invested more than $300,000 when he purchased 16,800 shares of the stock at an average price of $19.06.It is always interesting to see if and when the insiders buy their company stock after it has sold off significantly. In this case, the price of EQT has fallen about 50% in less than a year. This could be the reason why these insiders decided to invest. The stock is currently trading around $21.61, so they have already profited nicely.The analysts on Wall Street seem to like this stock as well. According to MarketWatch, twenty firms follow it on a research basis. Two of them have it rated as overweight, eleven have a buy rating on it, six rate it as holds and there's just one sell recommendation. The average target price is $25.40, which is about 20% higher than where it is currently trading. RumbleOn (RMBL) Click to Enlarge RumbleOn, Inc. (NASDAQ:RMBL, $5.60) is an e-commerce platform that is designed to help consumers and dealers finance, buy and sell used cars.Denmar Dixon is a member of the Board of Directors of RumbleOn. Mr. Dixon purchased 50,000 shares at $4.76 in early April. He also made considerable purchases early last year before the stock rallied. Back then, it was trading around the same levels that it currently is.The stock more than doubled when it traded above $10 in September and October. Mr. Dixon must have been feeling pretty good. But then it went into freefall and lost more than 50% of its value by December. * 10 Stocks That Are Screaming Buys Right Now This company is followed on a research basis by six companies. The average rating is a buy and the average target price is $9.90, which is more than 40% higher than where it is currently trading. Endologix (ELGX) Click to Enlarge Endologix, Inc. (NASDAQ:ELGX, $6.99) performs research and development and manufactures devices that treat aortic diseases. Its portfolio of products includes AFX Endovascular AAA System, Nellix and Ovation.On April 3, it was announced that the CEO, John Onopchenko, invested $200,000 when he purchased just over 30,000 shares. This increased his personal holdings in the stock by almost 40%. The CFO, Vaseem Mahboob, invested $100,000 of his personal money when he acquired 15,000 shares. In addition, two of the company's directors bought and additional 25,000 shares. These shares were all purchased at an average price of $6.61.Endologix has lost more than 90% of its value over the past year. They have recently announced that they are going to restructure their debt. This could be a good thing, or it could be a sign of desperation. The insider buying may mean that the insiders think that the restructuring will work.According to MarketWatch, nine firms follow this stock on a research basis. One has a buy rating on it, one has a sell rating and the other nine consider it a hold. The average target price is $10.30, which is significantly higher than where it is currently trading. This makes me wonder why seven firms have a hold on a stock that they feel is undervalued by 35%. Walgreens (WBA) Click to Enlarge You've probably been to Walgreens (NYSE:WBA, $54.69). It's one of the largest pharmacies in the country, with retail and pharmacy operations both domestically and on an international stage. The company was founded in 1901 and is headquartered in Deerfield, IL.Co-Chief Operating Officer Ms. Omella Barra may think that the recent selling in WBA is overdone. She invested nearly $1 million of her own money when she purchased 18,000 shares at an average price of $54.50 on April 3.WBA has had some issues lately. The company has sold off considerably because the two most recent earnings releases disappointed investors. The stock has fallen about 35% since November and it is trading at the lowest level that it has been at since 2014. Time will tell if there will be more insider buying. * The 7 Best Long-Term Stocks for 2019 And Beyond This company is widely followed on Wall Street. According to Marketwatch.com, 26 firms cover it. The average analyst rating is a hold and the average price target is $62.50. It is currently trading just under $55. Chaparral Energy (CHAP) Click to Enlarge Chaparral Energy, Inc. (NYSE:CHAP, $5.58) is in the natural gas and oil exploration and production (E&P) business. Specifically, CHAP makes its money on deposits of Stack, Meramec and Osage, Oswego and Woodford located in Oklahoma and the Texas Panhandle. Founded by Mark A. Fischer and Charles A. Fischer in April 1988, Chaparral Energy is headquartered in Oklahoma City, OK.The CEO of the company, K. Earl Reynolds, purchased 7,100 shares of CHAP on March 29th at an average price of $4.64. A large institutional holder, Strategic Value Partners, also recently acquired 900,000 shares at a price of $4.45.The stock has fallen by more than 75% over the past year. Mr. Reynolds and the portfolio managers at Strategic Value Partners must believe that the stock is very attractive at these prices.Wall Street likes this stock as well. It is followed by four firms that follow the company on a research basis. The average rating is a buy and the average target price is $18.38. That is more than 300% higher than where it is currently trading.As of this writing, Mark Putrino did not hold any positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 5 Stocks to Profit From (Legal) Insider Buying Signals appeared first on InvestorPlace.

  • Billionaire George Soros Sold These Stocks
    Insider Monkey11 days ago

    Billionaire George Soros Sold These Stocks

    Billionaire George Soros is one of the savviest investors in history. Through a rigorous investment approach, Soros has made himself into one of the richest men in the world. He has also donated billions to help advance his causes and to make the world a better place. Given how savvy Soros is and how the […]

  • EQT vs. XEC: Which Is a Better Energy Stock at the Moment?
    Zacks17 days ago

    EQT vs. XEC: Which Is a Better Energy Stock at the Moment?

    Cimarex Energy (XEC) holds an edge over EQT Corp (EQT) in terms of bottom-line prospects, geographical diversification, production mix and other factors.

  • Reuters18 days ago

    Nestle buys minority stake in EQT's vet services group IVC

    Nestle (NESN.S) will buy a minority stake in Independent Vetcare Group International from EQT as part of an information-sharing tie-up between Nestle Purina PetCare and Europe's largest veterinary services firm, Nestle and EQT said on Monday.

  • GuruFocus.com18 days ago

    Weekly CEO Buys Highlight

    Details the CEO buys of the following companies: New Fortress Energy LLC, EQT Corp, OPKO Health and Esperion Therapeutics

  • Business Wire22 days ago

    EQT Corporation Announces First Quarter 2019 Earnings Conference Call

    EQT Corporation (EQT) will host its first quarter 2019 earnings conference call with security analysts on April 25, 2019, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results with respect to the first quarter 2019. A Q&A session for security analysts will immediately follow the results discussion.

  • GuruFocus.com24 days ago

    Eqt Corp (EQT) President & CEO Robert Joseph Mcnally Bought $263,328 of Shares

    President & CEO of Eqt Corp (NYSE:EQT) Robert Joseph Mcnally bought 12,660 shares of EQT on 03/29/2019 at an average price of $20.8 a share.