Last $79.81 USD
Change Today +0.05 / 0.06%
Volume 1.1M
EQT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

eqt corp (EQT) Snapshot

Open
$80.28
Previous Close
$79.76
Day High
$80.39
Day Low
$79.46
52 Week High
04/24/14 - $111.47
52 Week Low
01/14/15 - $71.33
Market Cap
12.1B
Average Volume 10 Days
1.4M
EPS TTM
$3.32
Shares Outstanding
151.5M
EX-Date
02/11/15
P/E TM
24.1x
Dividend
$0.12
Dividend Yield
0.15%
Current Stock Chart for EQT CORP (EQT)

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eqt corp (EQT) Details

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, as well as develops and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2014, it had 10.7 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 3.4 million gross acres, including approximately 630,000 gross acres in the Marcellus play. The EQT Midstream segment provides natural gas gathering, transmission, and storage services for the company’s produced gas, as well as for independent third parties in the Appalachian Basin. This segment owns and operates approximately 8,200 miles of gathering lines and 176 compressor units with approximately 225,000 horsepower of installed capacity. The company was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

1,750 Employees
Last Reported Date: 02/12/15
Founded in 1925

eqt corp (EQT) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $850.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $404.8K
Executive Vice President and President of Exp...
Total Annual Compensation: $476.7K
Senior Vice President and President of Midstr...
Total Annual Compensation: $448.5K
Vice President of External Affairs and Genera...
Total Annual Compensation: $365.2K
Compensation as of Fiscal Year 2014.

eqt corp (EQT) Key Developments

EQT Corporation Proposes to Approve Proxy Access Bylaw

EQT Corporation announced that at its AGM to be held on April 15, 2014, the company has proposed to approve the shareholder proposal regarding a proxy access bylaw (item no. 4).

EQT Corporation Announces Unaudited Consolidated Earnings and Production Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Impairment of Long-Lived Assets for the Fourth Quarter Ended December 31, 2014; Provides Production Guidance for the First Quarter and Revises Production and Capital Expenditure Guidance for the Full Year 2015

EQT Corporation announced unaudited consolidated earnings and production results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported operating revenue of $703,194,000 against $493,429,000 a year ago. Operating income was $40,330,000 against $181,081,000 a year ago. Income before income taxes was $4,070,000 against $151,693,000 a year ago. Loss from continuing operations attributable to the company was $14,303,000 or $0.10 per diluted share against income of $61,933,000 or $0.40 per diluted share a year ago. Net loss attributable to the company was $14,704,000 or $0.10 per diluted share against income of $115,205,000 or $0.75 per diluted share a year ago. Capital expenditures were $585,968,000 against $445,791,000 a year ago. Adjusted earnings were $0.96 per diluted share compared to adjusted EPS of $0.39 in the fourth quarter 2013. Adjusted operating cash flow was $390 million compared to $314 million for the fourth quarter of 2013. Adjusted net income was $145.8 million, 143% higher than 2013. For the year, the company reported operating revenue of $2,469,710,000 against $1,862,011,000 a year ago. Operating income was $853,395,000 against $654,604,000 a year ago. Income before income taxes was $723,711,000 against $521,158,000 a year ago. Income from continuing operations attributable to the company was $385,594,000 or $2.53 per diluted share against $298,729,000 or $1.97 per diluted share a year ago. Net income attributable to the company was $386,965,000 or $2.54 per diluted share against $390,572,000 or $2.57 per diluted share a year ago. Capital expenditures were $2,441,486,000 against $1,423,185,000 a year ago. Adjusted earnings per diluted share were $3.40 against $1.97 per diluted share a year ago. Adjusted operating cash flow of $1.4 billion was up considerably at 19% higher than 2013. Adjusted net income was $518.6 million, 74% higher than the $298.7 million in 2013. For the fourth quarter, the company reported impairment of long-lived assets of $267,339,000. For the quarter, the company reported total production sales volume of 136,659 MMcfe, 33% higher than the fourth quarter 2013 of 103,000 MMcfe, and 11% higher sequentially. Based on current commodity prices, the company expects approximately $1 billion in operating cash flow for 2015, and that is, again, excluding the noncontrolling interest portion of adjusted EQM EBITDA. The company is lowering its CapEx budget by $450 million or 18% in response to the current economic environment. For the year, the company reported total production sales volume of 476,260 MMcfe, representing a 26% increase over 2013 of 378,173 MMcfe. Approximately 79% of total production sales volume was from horizontally drilled Marcellus wells. The company reiterates its production sales volume for 2015 of 575 – 600 Bcfe; and liquids volume of 9,000 – 10,000 MBBls. The company reiterates its production sales volume for 2015 of 575 – 600 Bcfe; and liquids volume of 9,000 – 10,000 MBBls. The company has revised its 2015 capital expenditure (CAPEX) budget to $2.05 billion to reflect a reduction in commodity prices experienced after the initial $2.5 billion capital plan was announced in December 2014. This revised CAPEX forecast includes $1.85 billion for EQT Production, and $200 million -$225 million for EQT Midstream, excluding capital invested at EQT Midstream Partners. Production sales volume for the first quarter 2015 is projected to be 140 – 145 Bcfe; and liquids volume is expected to be 2,200 – 2,400 MBBls.

EQT Corporation to Report Q4, 2014 Results on Feb 05, 2015

EQT Corporation announced that they will report Q4, 2014 results at 11:00 AM, GMT Standard Time on Feb 05, 2015

 

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Industry Analysis

EQT

Industry Average

Valuation EQT Industry Range
Price/Earnings 31.6x
Price/Sales 4.9x
Price/Book 2.6x
Price/Cash Flow 11.4x
TEV/Sales 2.5x
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