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EQT Corporation (EQT)

Energy · Integrated natural gas production and midstream infrastructure · NYSE

EQT Corporation is a large-scale, vertically integrated natural gas producer in the Appalachian Basin, designed to generate durable free cash flow through a low-cost, multi-pad "combo-development" operational strategy.

What EQT Corporation does

EQT is a vertically integrated natural gas company with upstream, midstream, and transmission operations focused in the Appalachian Basin. The company produces natural gas, natural gas liquids (NGLs), and oil from approximately 2.3 million gross acres, operates about 2,945 miles of pipeline infrastructure, and owns an investment in the Mountain Valley Pipeline. EQT executes large-scale multi-pad "combo-development" projects designed to maximize operational and capital efficiencies while generating stable free cash flow across commodity price cycles.

Themes: natural gas production, midstream infrastructure, energy independence, LNG exports, data center power demand, Appalachian Basin energy

Fundamentals

  • Price$53.72 as of 2026-08-21 close
  • Market cap$33.6B as of 2026-08-21
  • 1-year return+3.2% 2025-08-21 close $52.05 → 2026-08-21 close $53.72
  • P/E12.44 as of 2026-08-24
  • Net margin+28.6% as of 2026-08-24
  • Gross margin+62.5% as of 2026-08-24
  • ROE+11.2% as of 2026-08-24
  • Debt / equity0.22 as of 2026-08-24
  • Revenue growth (YoY)+30.2% as of 2026-08-24
  • Revenue CAGR (3y)+4.9% SEC XBRL
  • Beta0.65 as of 2026-08-24
  • Last reported earnings2026-07-21 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +1.5%; at least 4 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.

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How EQT compares in its sector

  • price-to-earnings ratiomiddle range 118 covered Energy peers, as of 2026-08-24
  • net profit margintop 25% 149 covered Energy peers, as of 2026-08-24
  • operating margintop 10% 149 covered Energy peers, as of 2026-08-24
  • gross marginmiddle range 142 covered Energy peers, as of 2026-08-24
  • return on equitymiddle range 152 covered Energy peers, as of 2026-08-24
  • 3-year revenue CAGRmiddle range 138 covered Energy peers
  • indicated dividend yieldmiddle range 98 covered Energy peers, as of 2026-08-24
  • free cash flow (absolute dollars, latest fiscal year)top 10% 95 covered Energy peers, as of FY2025

Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Top 10 scores & list membership

EQT is in the Energy Long-term Top 10.

Energy Long-term Top 10 — since 18 Aug 2026

Long-term score

61.7 #140 of 987 scored · #13 of 64 in Energy

  • Profitability64.9
  • Growth70.4
  • Financial health88.0
  • Valuation75.6
  • Capital return36.1
  • Long-term trend32.4

Financial health 88th (free cash flow margin 39.7%, debt to equity 0.2) and valuation 76th (price to book 1.3, price to earnings 12.5); weakest is long-term trend (32nd, trading below its 200-day average).

Short-term score

55.3 #457 of 1,704 scored · #32 of 86 in Energy

  • Trend50.3
  • Momentum56.4
  • Setup63.6
  • Volume and participation61.2
  • Catalysts47.7

Setup 64th: day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 6% of the past ~6 months), which often precedes a bigger move; volume and participation 61st: trading volume is about normal versus its 30-day average; weakest is catalysts 48th: open-market insider buys in 90 days 2, the analyst consensus rating is unchanged since the prior reading.

Energy Long-term Top 10

In this list since 18 Aug 2026 — currently 8th in the list (3 days)

  • Entered 18 Aug 2026: first selection for this list at rank 8, score 63.5.

Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.

Dividend coverage (FY2025)

Covered by reported results. In FY2025, EQT's dividend was covered by reported results (earnings payout 19%, free-cash-flow payout 14%). This describes past coverage, not a forecast.

  • Earnings payout19% dividends / net income
  • Free-cash-flow payout14% dividends / (operating cash flow − capex)

Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.

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How EQT Corporation looks technically

EQT Corporation (EQT) is trading 4.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 43 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 55, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 6 trading days ago. It is 21.3% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 6% of the past ~6 months), which often precedes a bigger move.

Trend

8
Distance from the 200-dayit is trading 4.7% below its 200-day average, the long-term trend line — a long-term downtrend-4.7%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $52.02$52.02
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $56.37$56.37
Swing structureeach recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes nexthigher highs and higher lows
Last swing turnits last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on7 sessions
Wave structureits recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 55.145. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next.possible three-wave upward correction, complete (atypical proportions)
Since the 50/200 crossits 50-day average crossed below its 200-day average about 43 trading days ago — a "death cross", a bearish long-term signal43 sessions
Trend strength (14-day ADX)there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend)17.0

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 55, neither overbought (above 70) nor oversold (below 30)54.9
Position in its 14-day rangeit is trading in the upper half of its 14-day range ($51.08 to $55.15) — its "stochastic" reading is 65 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions.65.0
Since the MACD crossed zeroMACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish)24 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $68.24$68.24
From the 52-week highit is 21.3% below its 52-week high (its highest price of the past year)-21.3%
Above the 52-week lowit is 12.1% above its 52-week low (its lowest price of the past year)+12.1%
Below the 52-week highit is 21.3% below its highest point of the past year21.3%
Since a 20-day breakoutit made a new 20-day high about 6 trading days ago6 sessions
Since a 55-day breakoutit made a new 55-day low about 31 trading days ago31 sessions
All-time highits highest closing price on record is $68.24 (set on 2026-03-27)$68.24
Given back of the 52-week moveover the past year its closes ranged ($48.85 to $67.93), and it has recovered roughly a quarter of its fall from last year’s high — 26% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $60.64 to $61.25. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.25.5%
From the all-time highit is 21.3% below its all-time high-21.3%
Nearest price levelit is trading 0.6% above a support level at $53.41 — a price it turned at 7 times since 2025-06-10, most recently on 2026-06-30. Since 2024-08-21 it has 8 such levels below the current price and 4 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.-0.6%
All-time lowits lowest closing price on record is $4.21 (set on 2020-02-27)$4.21
Above the all-time lowit is 1176.0% above its all-time low+1,176%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 6% of the past ~6 months), which often precedes a bigger move6th percentile
Typical daily rangein a typical session it travels about $1.30 between its high and its low — about 2.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$1.30
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $51.11 and $55.04 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$51.11 – $53.07 – $55.04
Typical daily range (% of price)its price moves about 2.4% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price2.4%
Stretch from the 200-day averageit is trading 2.0 daily ranges below its 200-day average price (4.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale2.0 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.92×

Analyst

2
Change in the average price targetanalysts have raised their average price target by 0.2% since the prior reading+0.2%
Change in the consensus ratingthe analyst consensus rating is unchanged since the prior readingunchanged

Candlestick patterns

2
Since a doji5 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level5 sessions ago
Since a bullish engulfing1 session ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it1 session ago

Price gaps

2
Gap at the openit opened on 2026-08-21 0.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close+0.2%
Gap filleda 2.8% gap down opened on 2026-06-16 has been "filled" 41 sessions ago — price traded back through the level the gap left behind, and it took 5 sessions to close41 sessions ago

Price streaks

1
Closing streakit closed lower in its latest session, after a session that did not close lower — a single down day rather than a run1 session down

Relative strength

4
vs market, 1 monthover the past 1 month this stock beat the market by 5.5 percentage points (the stock gained 7.9% while the market gained 2.3%)+5.5%
vs market, 3 monthsover the past 3 months this stock lagged the market by 10.1 percentage points (the stock lost 7.0% while the market gained 3.1%)-10.1%
vs market, 6 monthsover the past 6 months this stock lagged the market by 22.3 percentage points (the stock lost 11.2% while the market gained 11.1%)-22.3%
vs market, 12 monthsover the past 12 months this stock lagged the market by 17.3 percentage points (the stock gained 3.2% while the market gained 20.5%)-17.3%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals3 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months — these describe past price behaviour, not a forecast3 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 6.0% of the share price.0.0%

Volume-weighted price

2
Vs this year’s average price paidthe price is 4% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $56.19 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP.-4.4%
Vs the average paid since it last reportedthe price is 2% above the average price paid since it last reported on 2026-07-14 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $52.47 — a volume-weighted average of daily closes over 29 sessions, not a true tick-by-tick VWAP.+2.4%

Price levels it has turned at before

EQT last closed at $53.72 on 2026-08-21. Since 2024-08-21 it has turned at 8 prices below its last close and 4 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$53.41Support0.6% below the last closeturned there 7 times · 2025-06-10 to 2026-06-30
$55.09Resistance2.5% above the last closeturned there 9 times · 2025-01-22 to 2026-08-14
$51.80Support3.6% below the last closeturned there twice · 2025-04-16 to 2025-10-14
$50.88Support5.3% below the last closeturned there six times · 2025-02-07 to 2026-08-05
$57.01Resistance6.1% above the last closeturned there six times · 2025-02-19 to 2026-04-21
$60.63Resistance12.9% above the last closeturned there five times · 2025-06-23 to 2026-05-19

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.

This labelling fails — stops being a possible reading at all — if it closes above $55.15.

It is the only labelling that fits these swings, though its proportions are not the textbook ones.

This reading has stood for 1 trading day, since 2026-08-21.

Read from daily closes as of 2026-08-21.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Consensus ratingStrong Buy (1.48 mean, 1=Strong Buy…5=Strong Sell) — 25 analysts
  • Mean price target$67.80 range $52.00 – $81.00; median $68.00

Analyst estimates, as of 2026-08-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for EQT

  • Consensus EPS estimate$0.5078 next reporting period, as of 2026-08-19

Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Significant volatility in natural gas and NGL commodity prices can adversely impact financial results.","Operational risks associated with large-scale drilling and midstream pipeline infrastructure.","Regulatory and environmental risks related to greenhouse gas emissions and production permitting."]

See EQT's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of EQT's 10-Q filed 2026-04-22 against the prior one filed 2025-10-22.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Reference to 'NGLs and liquified natural gas (LNG) volumes and sales' in forward-looking statements (newer filing, 2026-04-22)
    • New section 'MVP A and MVP C Interest Acquisitions' describing completion on March 30, 2026 of acquisitions of approximately 3.94% interests in MVP A and MVP C with total consideration of $198.3 million for MVP A Interest Acquisition (newer filing, 2026-04-22)
  • Removed:
    • Reference to 'the year ended December 31, 2024' replaced with 'the year ended December 31, 2025' in Form 10-K citation (older filing, 2025-10-22)
    • Phrase 'operational, organizational, technological and environmental, social and governance (ESG) initiatives' simplified to 'operational and organizational initiatives' (newer filing, 2026-04-22)
    • Language about 'our ability to enter into definitive agreements pertaining to pending and potential in-basin growth projects' removed (older filing, 2025-10-22)
    • Reference to 'Olympus Energy Acquisition' removed from forward-looking statements section (newer filing, 2026-04-22)
    • Section 'Olympus Energy Acquisition' describing July 1, 2025 completion and 25,229,166 shares with $1,471 million value removed and replaced with MVP acquisitions (older filing, 2025-10-22)
  • Reworded:
    • Reference year of Annual Report on Form 10-K changed from 'December 31, 2024' to 'December 31, 2025' (2025-10-22 vs. 2026-04-22)
    • Item 2 citation in forward-looking statements changed from 'section "Trends and Uncertainties"' to '"Trends and Uncertainties" in Item 2.' for clarity (2026-04-22)
    • Removal of 'the Securities Act' parenthetical in opening cautionary statement (newer filing clarifies only the Exchange Act with parenthetical) (2026-04-22)
  • Notes:
    • The newer filing text appears truncated at 'Total consideration for our acquisition of equity interests in MVP A (MVP A Interest Acquisition), excluding transaction costs, was $198.3 million, of which' - comparison cannot fully assess the complete MVP acquisitions section
    • The older filing text is similarly truncated at 'The purchase price for the Olympus Energy Acquisition consisted of 25,229,166 shares of EQT common stock, with an aggregate value of $1,471 million' - full section details unavailable

Risk Factors

The two filings could not be meaningfully compared for this section.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

0 open-market purchases and 3 open-market sales by insiders in the last 90 days.

  • Last 90 days0 buys · 3 sells ($5M) — 1 selling insider
  • Last 180 days0 buys · 4 sells ($6M) — 2 selling insiders

Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-06-08. As of 2026-08-24.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Congressional trading disclosures

U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 6 matched disclosures for EQT from U.S. House Clerk Periodic Transaction Report filings.

Congressional trading disclosures →

Institutional ownership (13F)

5 institutional 13F filers reported holding EQT as of 2026-03-31 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 5
  • Reported shares held 107,699,922
  • Reported value $6,854,022,979

reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 2 increased, 2 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

EQT had 18,171,312 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).

EQT had 2.91% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.26 days to cover at the same settlement.

  • Reported short interest (shares) 18,171,312
  • Short interest (% of shares outstanding) 2.91%
  • Prior settlement (shares) 20,683,827
  • Reported change -12.15%
  • Days to cover (reported) 2.26

Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does EQT Corporation (EQT) do?

EQT is a vertically integrated natural gas company with upstream, midstream, and transmission operations focused in the Appalachian Basin. The company produces natural gas, natural gas liquids (NGLs), and oil from approximately 2.3 million gross acres, operates about 2,945 miles of pipeline infrastructure, and owns an investment in the Mountain Valley Pipeline.

What sector is EQT Corporation (EQT) in?

EQT Corporation (EQT) is classified in the Energy sector. Its industry is Integrated natural gas production and midstream infrastructure. It trades on NYSE.

Does EQT pay a dividend?

Yes — EQT Corporation (EQT) pays a dividend, with an indicated yield of about 1.54% and at least 4 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.

Who are EQT Corporation's (EQT) competitors?

Notable peers of EQT Corporation (EQT) include Chesapeake Energy, Antero Resources, Range Resources, Southwestern Energy and CNX Resources. This peer set is informational only — not financial advice.

Has there been recent Congressional stock trading in EQT?

Yes — we hold 6 matched STOCK Act disclosures for EQT from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.

Is EQT Corporation (EQT) overbought or oversold right now?

EQT Corporation (EQT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 55, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on EQT come from?

Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-08-21.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.

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