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EQT Corporation (NYSE:EQT) Stock Update and Future Outlook
Financial Modeling Prepยท 2025-10-09 21:02
Core Viewpoint - EQT Corporation is a leading natural gas producer in the U.S., focusing on the Appalachian Basin, with recent strategic moves expected to enhance its financial performance and market position [1][3]. Company Performance - EQT's recent acquisition of Olympus Energy assets is projected to boost its EBITDA by 21.14% and free cash flow by 24.5%, improving operational efficiency [3][6]. - The company's market capitalization is approximately $34.24 billion, indicating a substantial presence in the energy sector [4]. - EQT's stock has fluctuated over the past year, with a high of $61.02 and a low of $35.45, reflecting active investor interest with a trading volume of 2,521,002 shares today [4]. Stock Ratings and Price Targets - Scotiabank updated EQT's rating to "Sector Perform" and raised the price target from $68 to $70, reflecting cautious optimism about the company's future performance [2][6]. - Despite the price target increase, EQT's current stock price is $54.87, showing a decrease of approximately 2.74% from the previous day [2]. - EQT is rated a "buy" with a fair value target of $81.85, suggesting a potential 46.8% increase from its current stock price, based on robust profit growth and financial stability [5][6].