EQT Corporation (EQT) AI Stock Analysis

EQT Corporation is an energy company focused on natural gas production in the United States. Established in 1878 and headquartered in Pittsburgh, Pennsylvania, the company holds a portfolio of natural gas, natural gas liquids, and crude oil reserves. As of December 31, 2021, its proven reserves totaled approximately 25.0 trillion cubic feet across roughly 2.0 million gross acres. This acreage includes 1.7 million gross acres in the Marcellus play, a prolific natural gas region. EQT utilizes advanced technologies and operational expertise to extract and deliver energy resources while adhering to environmental standards.

EQT has experienced revenue variability alongside natural gas markets, generating a 5-year revenue CAGR of 27.8% from FY2020 to FY2025. Annual revenue reached $12.14B in FY2022 before falling 58.2% to $5.07B in FY2023, subsequently rebounding 73.7% to $9.07B in FY2025. Operating margin improved from 13.1% in FY2024 to 34.7% in FY2025, driving net income from $230.6M to $2.04B. Over the trailing twelve months, revenue reached $9.29B with a profit margin of 29.2%. In the latest quarter ended June 30, 2026, quarterly revenue fell 3.9% year-over-year while quarterly earnings declined 74.0%.

As of June 30, 2026, EQT held $112.9M in cash and short-term investments against total debt of $5.66B, leaving net debt at $5.54B. Shareholders' equity totaled $25.26B, resulting in a debt-to-equity ratio of 0.22, alongside a current ratio of 0.67. During FY2025, operating cash flow stood at $5.13B, out of which the company funded $2.29B in capital expenditures and paid $389.6M in dividends. Over the past 5 years, the company's share count increased by 63.0%.

EQT trades at a trailing P/E of 12.6x, below the 18.2x median of its S&P 500 Energy peers. Its forward P/E of 14.1x sits slightly higher than the peer median of 13.6x. The company's EV/EBITDA of 5.4x is lower than the peer median of 8.4x, whereas its price-to-sales multiple of 3.7x exceeds the peer median of 2.1x. Over the past year, EQT stock gained 3.2%, trailing the S&P 500 return of 16.8%. Over a 5-year horizon, EQT rose 194.4%, outperforming the S&P 500 return of 83.0%.

EQT pays an annual forward dividend of $0.68 per share, representing a dividend yield of 1.25%. The dividend is supported by a payout ratio of 16.1%, and payments have been made for 5 consecutive years. Over 5 years, dividend growth annualized at 84.4%, and the stock's last ex-dividend date is November 4, 2026.

Consensus among analysts includes 18 Strong Buy, 4 Buy, and 5 Hold ratings, with zero Sell or Strong Sell ratings. The mean price target of $66.52 implies 22.5% upside compared to the last close of $54.30. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $3.93, indicating 28.8% growth, on revenue of $9.10B. EQT exceeded EPS estimates in 3 of the last 4 quarters, and its next earnings date is October 27, 2026.

This page is an AI-written research summary of EQT Corporation (EQT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EQT income statement, EQT balance sheet, EQT key metrics, EQT analyst forecast, EQT chart. See the EQT stock overview for the latest quote and news.