|Bid||20.36 x 1800|
|Ask||21.78 x 3200|
|Day's Range||20.32 - 21.08|
|52 Week Range||16.29 - 31.24|
|Beta (3Y Monthly)||0.61|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.12 (0.66%)|
|1y Target Est||N/A|
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
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.
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.
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.
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.
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 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 […]
Cimarex Energy (XEC) holds an edge over EQT Corp (EQT) in terms of bottom-line prospects, geographical diversification, production mix and other factors.
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.
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.
Barclays Expects Higher Oil Prices in the Second Quarter(Continued from Prior Part)Key energy events The EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on April 3 and April 4. The data will
Will Natural Gas Recover from Its One-Month Low?(Continued from Prior Part)Futures spread On March 26, the natural gas futures for May 2019 closed at a premium of ~$0.15 to the May 2020 futures. On March 19, the futures spread was at a premium of
Energy Sector: Analyzing Key Events This WeekKey energy events The EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on March 27–28. The data will likely be a short-term driver for oil and
EQT released it investor presentation, and the company has a commitment to generating sustainable free cash flow.
To understand, you need to start before December 2018 when Toby Rice and Derek Rice sent their letter to the board.
A victory by the Rice team would almost certainly spell changes for Pittsburgh-based EQT Corp. (NYSE: EQT).
The slate of directors to be nominated include only one holdover from the current 12-member board of EQT, former Rice Energy CEO Danny Rice, who is also Toby and Derek’s brother.
Will the Rise in Natural Gas Continue?(Continued from Prior Part)Required fall in inventories On March 21, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending March 15. Any
Why These Events Matter for Your Energy PortfolioKey energy eventsThe EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on March 20 and March 21. The data will likely be a short-term driver
Chesapeake Energy: Why Are Analysts Passive?Analysts’ recommendationsBased on Reuters data from 24 analysts tracking Chesapeake Energy (CHK), 50% recommended a “hold,” 38% recommended a “sell,” and ~12% recommended a “buy.”On March