Company Shares of EQT Corporation (NYSE:EQT) Drops by -2.08%

EQT Corporation (NYSE:EQT) has risen sharply, recording gains of 2.87% in the past 4 weeks. However, the stock has corrected -2.08% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.24% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have rallied 0.06% from its 1 Year high price. On Jun 29, 2016, the shares registered one year high at $80.61 and the one year low was seen on Dec 17, 2015. The 50-Day Moving Average price is $75.39 and the 200 Day Moving Average price is recorded at $65.03.

The stock has recorded a 20-day Moving Average of 0.84% and the 50-Day Moving Average is 5.67%.


EQT Corporation (NYSE:EQT): stock turned positive on Friday. Though the stock opened at $77.7, the bulls momentum made the stock top out at $78.25 level for the day. The stock recorded a low of $76.755 and closed the trading day at $77.68, in the green by 1.11%. The total traded volume for the day was 1,450,434. The stock had closed at $76.83 in the previous days trading.

In an insider trading activity, Cary A. Bray Jr., director of Eqt Corp had purchased 277 shares on July 1, 2016 in a transaction. The price per share was $77.43 and the total amount of the disclosed transaction was $21,448.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

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.

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