EQT Corporation

New York Stock Exchange
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Somewhat Bullish +35

EQT (EQT) Projected to Announce Quarterly Earnings on Tuesday

📅 EQT is expected to release Q2 2026 earnings on Tuesday, July 21st, with an analyst consensus of $0.41 EPS and $1.7911 billion in revenue.

💰 The company previously beat Q1 estimates with $2.33 EPS and $3.14 billion in revenue, maintaining a net margin of 31.94%.

📉 CEO Toby Z. Rice sold 96,983 shares in June for approximately $5.26 million under a pre-arranged trading plan.

🏦 Institutional ownership stands at 90.81%, with significant position increases from Adalta Capital Management and Syon Capital LLC recently.

📈 Analyst price targets vary, ranging from a lowered $68.00 by JPMorgan Chase to an increased $70.00 by Evercore.

🏢 EQT operates primarily in the Appalachian Basin, focusing on natural gas production from the Marcellus and Utica shale formations.

📊 The stock currently trades at a P/E ratio of 9.40 with a market capitalization of $30.99 billion.

📉 Insider ownership is low at 0.72%, following recent sales by top executives and directors.

🎯 Analyst consensus ratings include two Strong Buys, twenty-one Buys, and six Holds, averaging a Moderate Buy rating.

Bullish Signals
  • EQT recently beat Q1 earnings estimates with $2.33 EPS compared to the consensus of $2.01.
  • The company achieved a strong net margin of 31.94% and a return on equity of 9.74% in the first quarter.
  • Capital One Financial raised its price target from $64.00 to $68.00 with an overweight rating.
  • Evercore increased its price objective from $60.00 to $70.00 with an outperform rating.
  • Institutional investors like Adalta Capital Management grew their holdings by 71.2% in the third quarter.
  • Syon Capital LLC increased its position by 19.1% in the fourth quarter, adding 816 shares.
Risk Factors
  • CEO Toby Z. Rice sold a significant portion of his holdings, reducing his position by 3.99%.
  • JPMorgan Chase lowered its price target from $72.00 to $68.00 in a recent research note.
  • Stephens reduced its price target from $72.00 to $71.00 despite maintaining an overweight rating.
  • Director Vicky A. Bailey sold 4,116 shares of stock in April for approximately $246,000.
Full Analysis
EQT Corporation is projected to announce its Q2 2026 earnings results after market close on Tuesday, July 21st, with a conference call scheduled for Wednesday, July 22nd at 10:00 AM ET. Analysts currently anticipate the company will report earnings per share of $0.41 and revenue of $1.7911 billion for the quarter. The oil and gas producer previously reported Q1 2026 results on April 21st, beating consensus estimates with $2.33 EPS against a forecast of $2.01 and revenue of $3.14 billion matching expectations. During that period, EQT achieved a net margin of 31.94% and a return on equity of 9.74%, while the company's stock opened at $49.54 with a market capitalization of approximately $30.99 billion. Recent insider activity includes CEO Toby Z. Rice selling 96,983 shares in June under a pre-arranged Rule 10b5-1 plan, and Director Vicky A. Bailey selling 4,116 shares in April. Institutional ownership remains high at 90.81%, with notable increases from hedge funds like Adalta Capital Management and Syon Capital LLC during the third and fourth quarters. Analyst sentiment is mixed but generally positive, with Capital One Financial raising its price target to $68.00 and Evercore increasing its objective to $70.00. However, JPMorgan Chase lowered its target to $68.00. The stock trades at a P/E ratio of 9.40 with a 52-week range between $47.94 and $68.24, reflecting a moderate buy consensus among analysts.