Company Overview - EQT Corporation is headquartered in Pittsburgh, PA, and is primarily engaged in the exploration and production of natural gas, focusing on the Appalachian Basin, which includes Ohio, Pennsylvania, and West Virginia [11] - EQT is recognized as the largest natural gas producer in the domestic market based on average daily sales volumes [11] Investment Ratings - EQT holds a 2 (Buy) rating on the Zacks Rank, indicating a favorable investment outlook [12] - The company has a VGM Score of A, suggesting strong overall performance across value, growth, and momentum metrics [12] Growth Potential - EQT is projected to experience significant growth, with a year-over-year earnings growth forecast of 121.1% for the current fiscal year [12] - Four analysts have revised their earnings estimates upwards in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.23 to $3.56 per share [12] - The company boasts an average earnings surprise of 62.9%, indicating a strong track record of exceeding earnings expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, EQT is recommended for investors looking for growth opportunities in the natural gas sector [13]
Here's Why EQT Corporation (EQT) is a Strong Growth Stock