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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
135% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 72
37% more repeat investments, than reductions
Existing positions increased: 433 | Existing positions reduced: 317
8% more funds holding
Funds holding: 962 [Q1] → 1,043 (+81) [Q2]
8% more capital invested
Capital invested by funds: $29.9B [Q1] → $32.3B (+$2.42B) [Q2]
1.03% less ownership
Funds ownership: 93.69% [Q1] → 92.66% (-1.03%) [Q2]
22% less funds holding in top 10
Funds holding in top 10: 41 [Q1] → 32 (-9) [Q2]
23% less call options, than puts
Call options by funds: $517M | Put options by funds: $675M
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
B of A Securities
Doug Leggate
|
54%
upside
$80
|
Buy
Maintained
|
22 Aug 2025 |
UBS
Josh Silverstein
|
25%
upside
$65
|
Buy
Maintained
|
20 Aug 2025 |
Melius Research
James West
|
23%
upside
$64
|
Buy
Initiated
|
20 Aug 2025 |
Roth Capital
Leo Mariani
|
9%
upside
$57
|
Neutral
Downgraded
|
18 Aug 2025 |
Scotiabank
Cameron Bean
|
31%
upside
$68
|
Sector Perform
Maintained
|
13 Aug 2025 |
Piper Sandler
Mark Lear
|
5%
downside
$49
|
Neutral
Maintained
|
25 Jul 2025 |
Barclays
Betty Jiang
|
31%
upside
$68
|
Overweight
Maintained
|
23 Jul 2025 |
Jefferies
Lloyd Byrne
|
35%
upside
$70
|
Buy
Maintained
|
8 Jul 2025 |
RBC Capital
Scott Hanold
|
15%
upside
$60
|
Sector Perform
Maintained
|
8 Jul 2025 |
Mizuho
Nitin Kumar
|
27%
upside
$66
|
Outperform
Reinstated
|
8 Jul 2025 |
Wells Fargo
Roger Read
|
21%
upside
$63
|
Overweight
Maintained
|
16 Jun 2025 |
Financial journalist opinion
Based on 14 articles about EQT published over the past 30 days