EQT Corp
About: EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and its transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Employees: 1,461
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
135% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 80
52% more repeat investments, than reductions
Existing positions increased: 393 | Existing positions reduced: 259
47% more call options, than puts
Call options by funds: $546M | Put options by funds: $372M
24% more funds holding in top 10
Funds holding in top 10: 33 [Q4 2024] → 41 (+8) [Q1 2025]
10% more funds holding
Funds holding: 867 [Q4 2024] → 957 (+90) [Q1 2025]
10% more capital invested
Capital invested by funds: $27.1B [Q4 2024] → $29.9B (+$2.74B) [Q1 2025]
4.96% less ownership
Funds ownership: 98.64% [Q4 2024] → 93.68% (-4.96%) [Q1 2025]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Scotiabank Cameron Bean | 19%upside $66 | Sector Perform Maintained | 11 Jul 2025 |
Jefferies Lloyd Byrne | 27%upside $70 | Buy Maintained | 8 Jul 2025 |
RBC Capital Scott Hanold | 8%upside $60 | Sector Perform Maintained | 8 Jul 2025 |
Mizuho Nitin Kumar | 19%upside $66 | Outperform Reinstated | 8 Jul 2025 |
Barclays Betty Jiang | 17%upside $65 | Overweight Initiated | 7 Jul 2025 |
Financial journalist opinion
Based on 18 articles about EQT published over the past 30 days









