
EQT (EQT) Stock Forecast & Price Target
EQT (EQT) Analyst Ratings
Bulls say
EQT is a dominant player in the Appalachian Basin with its core operations in the Marcellus and Utica shales, strong marketing capabilities, and an integrated midstream business following the acquisition of Equitrans Midstream (ETRN). We expect the company to benefit from improving natural gas prices, strong marketing operations, and leverage reduction through asset sales. With a strong management team focused on cost reduction and profitable growth, we believe EQT is well-positioned for long-term success in the volatile natural gas market.
Bears say
EQT is facing a significant loss of $304 million in cash due to derivative settlements, creating a major financial obstacle for the company. Furthermore, EQT's assets are heavily concentrated in Appalachia, which could lead to potential logistical and environmental risks. Additionally, there is the risk of management failing to deliver on its promised transformation, and the company may also face potential dilution risks from future acquisitions. Overall, EQT's financial performance may be negatively impacted by these risks, contributing to a negative outlook on the stock.
This aggregate rating is based on analysts' research of EQT and is not a guaranteed prediction by Public.com or investment advice.
EQT (EQT) Analyst Forecast & Price Prediction
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