EQT Corp remains a top pick for
JPMorgan, indicating an expected surge in profitability. While
Mutual of America Capital Management decreased its position in the company, EQT has declared a quarterly cash dividend, attracting investors. Further strengthening its position, EQT is planning the first phase of a
clean hydrogen project, potentially establishing itself in the emerging sustainable energy market. EQT's acquisition of
Equitrans Midstream indicates strategic moves towards expansion. Despite challenges with rising capex and gas price pressure, EQT stocks could potentially be a long-term investment option. The corporation's performance revealed strong financials in the last year, and the company has an upcoming dividend. However,
short sellers have increased their bets against energy stocks as prices fall.
Revenue tops but a
Q2 loss was reported. EQT's
Pricing Target has been lowered to $36.00 at UBS Group, although a transformative acquisition of Equitrans Midstream has been announced. EQT has reported Q4 and full year 2023 results and provided 2024 guidance. Recent acquisitions align with its long-term growth strategy.
Eqt Stocks EQT News Analytics from Thu, 21 Dec 2023 13:24:47 GMT to Sat, 21 Sep 2024 11:29:39 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 5