EQT Corporation (EQT) : Zacks Investment Research ranks EQT Corporation (EQT) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 2, which indicates as a Buy.
EQT Corporation (EQT) : The highest level EQT Corporation (EQT) is projected to reach is $99 for the short term and the lowest estimate is at $77. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $85.91 and the possibility the share price can swing is $6.3.
For the current week, the company shares have a recommendation consensus of Buy. EQT Corporation (NYSE:EQT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.94 and $67.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.31, notching a gain of 0.09% for the day. The total traded volume was 1,192,435 . The stock had closed at $68.25 on the previous day.
In a related news, Cary A. Bray Jr., director of Eqt Corp, executed a transaction worth $21,448 on July 1, 2016. A total of 277 shares were purchased at an average price of $77.43. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.