Added to YB: 2024-02-16
Pitch date: 2024-02-15
EQT [bullish]
EQT Corporation
+63.98%
current return
Author Info
No bio for this author
Company Info
EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin.
Market Cap
$37.4B
Pitch Price
$33.65
Price Target
N/A
Dividend
1.10%
EV/EBITDA
9.34
P/E
20.61
EV/Sales
6.36
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
EQT Corp.: Surprise, It Is Not Absolute Storage Levels That Matter
EQT warns of looming nat gas crisis: high demand, low storage investment & DOU risk price spikes from weather events. Gas displacing other energy as exports rise, shocking consumers used to low prices. EQT a strong buy: hedged, IG-rated, operationally flexible to profit in shortage.
Read full article (5 min)