Strength Seen in EQT (EQT): Can Its 5.6% Jump Turn into More Strength?

Company Overview - EQT Corporation (EQT) shares increased by 5.6% to $50.17 in the last trading session, following a period of 3.3% loss over the past four weeks [1] - The company is the largest integrated natural gas producer in the United States and is expected to benefit from rising natural gas prices [2] Natural Gas Market Dynamics - Natural gas prices rose by almost 10% in the last trading session, influenced by President Trump's decision to implement a 90-day pause on "reciprocal" tariffs for most countries, while maintaining a reduced tariff rate of 10% [2] - The demand for natural gas is expected to remain high due to colder winter conditions and the growth of data centers and power facilities [2] Earnings Expectations - EQT is projected to report quarterly earnings of$ 1.01 per share, reflecting a year-over-year increase of 23.2% [3] - Revenue expectations for EQT stand at $2.15 billion, which is a 24.9% increase compared to the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for EQT has been revised 27.2% higher over the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Comparison - EQT belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, where another company, W&T Offshore (WTI), saw a 7.9% increase in its stock price, closing at$ 1.23 [4] - W&T's consensus EPS estimate has changed by +13% over the past month, but represents a significant decline of 180% from the previous year's report [5]