|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.63 - 56.49|
|52 Week Range||49.63 - 68.16|
|PE Ratio (TTM)||259.29|
|Forward Dividend & Yield||0.12 (0.21%)|
|1y Target Est||N/A|
EQT Corp, the biggest U.S. natural gas producer, said on Wednesday it expects to spend $2.4 billion next year, the majority of which will be to develop more wells in two key shale formations in the Appalachian region. The company recently completed its $6.7 billion acquisition of Rice Energy, a deal that combined two of the largest players in the Marcellus and Utica shale formations. The company said it expects total production sales volume of 1,520-1,560 billion cubic feet equivalent (Bcfe) in 2018 and sales volume to increase 15 percent in 2019.
EQT Corp. plans to spend $2.4 billion on natural gas exploration and production in 2018, its first full year following November’s acquisition of Rice Energy. The capital expenditure plan is higher than the $1.5 billion that EQT announced for 2017, well before it acquired Rice Energy (RICE). The impact of the Rice acquisition is already taking hold with $100 million in savings as well as an increase in EQT’s lateral lengths to 12,600 feet.
HONG KONG/SYDNEY, Dec 8 (Reuters) - Swedish private equity investor EQT Holdings, owner of Australia's I-MED Radiology Network, has abandoned its attempt to selling the country's biggest X-ray imaging provider after failing to get satisfactory offers. EQT has informed bidders, including Shenzhen-listed Tonghua Golden-Horse Pharmaceutical Industry, that it has called off the sale process due to a disagreement over the valuation of I-MED, according to Golden-Horse's stock filing on Friday and a source with direct knowledge of the matter. The source said several bidders including Tonghua Golden-Horse and Hong Kong-listed Golden Meditech Holdings , had submitted separate bids of slightly more than A$1 billion ($750 million).
Rice Midstream Partners, which is now owned by EQT Corporation, ranks 7th in terms of its EBITDA margin among the top MLPs (master limited partnerships).
While the ample upside to an improving gas market is reason enough to buy these industry giants, their dirt-cheap stock prices push them over the top.
From November 20 to November 27, 2017, natural gas–weighted stocks fell 1.3% on average, compared to the 3.9% decline in natural gas prices during this timeframe.
With a market capitalization of USD $15.47B, EQT Corporation (NYSE:EQT) is a large-cap stock, which is considered by most investors as a safe bet. Common characteristics for these stocks areRead More...
Rating Action: Moody's withdraws Rice Energy's ratings. Global Credit Research- 20 Nov 2017. New York, November 20, 2017-- Moody's Investors Service has withdrawn all of its ratings for Rice Energy Inc.....
In the week ending November 10, 2017, the oil rig count rose by nine—the largest rise since June 30, 2017. Strong oil prices spurred the rise.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to EQT Corp. Here are 5 ETFs with the largest exposure to EQT-US. Comparing the performance and risk of EQT Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for EQT Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
In the week ended October 20, 2017, natural gas inventories rose 64 Bcf (billion cubic feet) to 3,710 Bcf—3 Bcf higher than the market’s expectation.
On October 30, 2017, natural gas December futures rose 0.1% and closed at $2.97 per MMBtu (million British thermal unit), which was below the crucial $3 level.