|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||64.07 - 65.19|
|52 Week Range||49.63 - 75.74|
|PE Ratio (TTM)||2,303.57|
|Dividend & Yield||0.12 (0.19%)|
|1y Target Est||N/A|
Activist investor Jana Partners said EQT Corp's plan to save $2.50 billion after its acquisition of Rice Energy Inc was "grossly exaggerated", further mounting pressure on the oil and gas producer to abandon the deal. An analysis showed the combination with Rice Energy's assets would increase the average lateral length of a well by less than 1,000 feet, not the 4,000 feet increase that EQT claimed, Jana said in a letter to EQT's board on Wednesday. Jana, which owns a 5.8 percent stake in EQT, has urged the company to abandon its $6.7 billion acquisition of Rice Energy and spin off its midstream business.
The natural gas–weighted stocks that had the highest correlations with US crude oil (UCO) active futures between September 11 and September 18, 2017, include WPX Energy (WPX), Antero Resources (AR), and ...
Cabot Oil & Gas’s (COG) current implied volatility is ~28.7%, which is ~1.2% lower than its 15-day average of 29.0%.