EQT Corporation (EQT)
EQT Corporation operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Canonsburg, PA, US. The stock last traded at $53.92, down 0.83% on the session, giving a market capitalisation of $33.73B. On trailing twelve-month figures it carries a trailing P/E of 11.85, a net margin of 30.7%. Its beta of 0.58 implies it has historically moved less than the broad market.
EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.
EQT Corporation is most often compared with the following Energy names: