EQT Trades at Premium Valuation: Should You Bet on the Stock Now?

EQT Corporation (EQT) is currently considered relatively overvalued, trading at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 13.43x. This figure is higher than the broader industry average of 6.74x and major upstream companies like EOG Resources, Inc. (EOG) and ConocoPhillips (COP) , which are trading at 5.26x and 4.91x EV/EBITDA, respectively. This premium valuation reflects the market’s confidence in EQT’s prospects. Image Source: Zacks Investment ResearchHowever, such a valuation necessi ...