Eqt Corporation Intrinsic Value – Investors Flock to EQT Corporation as Beta Value Reaches 1.19 in 2023.
March 28, 2023
Trending News ☀️
Investors have been taking note of EQT ($NYSE:EQT) Corporation lately; its share price has been steadily climbing and in the last trading session, its shares traded at 6.92 million. This is the highest it has been since the company was founded and it has piqued the interest of many. Further adding to this attraction is the fact that its beta value has also been increasing, with it reaching 1.19 in 2023. This increase in the company’s beta value is particularly noteworthy as it suggests that the stock is more volatile than the broader market and can be a profitable investment opportunity for investors looking for higher returns.
Furthermore, the beta value of 1.19 also implies that the share prices of EQT Corporation are likely to remain strong for the foreseeable future. Given these impressive figures, it is no wonder that investors have been flocking to EQT Corporation in recent times. With its share price and beta value steadily increasing, this could be the perfect opportunity to capitalize on a potentially lucrative investment.
Price History
Investors have largely had a mixed sentiment towards EQT Corporation so far, but that changed when its beta value reached 1.19 in 2023. On Monday, the value of the company’s stock opened at $30.8, and closed at $30.4, down a slight 0.4% from its last closing price of 30.6. This dip was not enough to deter investors, as many flocked to EQT Corporation in anticipation of further gains in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eqt Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 12.14k | 1.77k | 47.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eqt Corporation. More…
| Operations | Investing | Financing |
| 3.47k | -1.42k | -699.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eqt Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 22.67k | 11.46k | 30.58 |
Key Ratios Snapshot
Some of the financial key ratios for Eqt Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 47.3% | 410.2% | 21.3% |
| FCF Margin | ROE | ROA |
| 17.0% | 15.5% | 7.1% |
Analysis – Eqt Corporation Intrinsic Value
At GoodWhale, we have conducted a comprehensive analysis of EQT Corporation’s fundamentals. Through our proprietary Valuation Line, we have determined that its intrinsic value per share is around $44.3. More…
Peers
EQT Corp is one of the largest natural gas producers in the United States. The company is engaged in the exploration, development, and production of natural gas and oil properties. EQT Corp has a large portfolio of natural gas assets in the Appalachian Basin. The company’s main competitors are Antero Resources Corp, CNX Resources Corp, and Chesapeake Energy Corp.
– Antero Resources Corp ($NYSE:AR)
Antero Resources Corp is an American natural gas and oil company engaged in the exploration, development, production, and acquisition of natural gas and oil properties located in the Appalachian Basin. As of December 31, 2020, the company had approximately 1.4 million net acres under lease in the states of West Virginia, Ohio, and Pennsylvania. Antero Resources is headquartered in Denver, Colorado.
The company’s market cap is 10.7B as of 2022. The company’s ROE is 15.98%.
– CNX Resources Corp ($NYSE:CNX)
CNX Resources Corp is an American energy company engaged in the exploration and production of natural gas and oil. They have a market cap of 3.37B as of 2022 and a Return on Equity of -34.12%. The company operates in the Appalachian Basin and is headquartered in Canonsburg, Pennsylvania.
– Chesapeake Energy Corp ($NASDAQ:CHK)
Chesapeake Energy Corporation is an American oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company is the second-largest producer of natural gas, the 11th largest producer of oil and natural gas liquids and the most active driller of onshore wells in the U.S. Headquartered in Oklahoma City, Chesapeake owns assets in the Eagle Ford, Haynesville/Bossier and Permian Basin shale plays in the United States. The company also operates in Canada, Appalachia and the Mid-Continent region.
Chesapeake Energy Corporation has a market capitalization of $11.94 billion as of March 2021. The company’s return on equity was 1916.84% as of December 2020. Chesapeake Energy Corporation is an American oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company is the second-largest producer of natural gas, the 11th largest producer of oil and natural gas liquids and the most active driller of onshore wells in the U.S. Headquartered in Oklahoma City, Chesapeake owns assets in the Eagle Ford, Haynesville/Bossier and Permian Basin shale plays in the United States. The company also operates in Canada, Appalachia and the Mid-Continent region.
Summary
EQT Corporation has seen an influx of investors in 2023 as its beta value reaches an impressive 1.19. This indicates that the stock is expected to outperform the market over the long term, making it a desirable investment for many. Market sentiment has been mostly mixed, with analysts offering both positive and negative opinions on the company.
Investors should review the company’s financials and management team, as well as the outlook for the industry, before making any decisions. For those looking to invest in EQT Corporation, they must explore both the risks and rewards associated with the company in order to make an informed decision.
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