Eqt Corporation Stock Intrinsic Value – EQT Corporation Shares Vulnerable Due to Weak Natural Gas Prices

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Shares of EQT ($NYSE:EQT) Corporation, one of the largest natural gas producers in the US, have become increasingly vulnerable as prices for natural gas have declined in recent years. The company’s share prices have been volatile, and have made investors wary of investing. EQT Corporation is a leading integrated energy company that is among the largest natural gas producers in the US. It provides natural gas to more than three million households and businesses in the United States, as well as to many large industrial customers. Weak natural gas prices have affected the company’s financial performance, and have put a strain on the company’s operations. The company has had to cut its dividend payments and reduce its expenses in order to survive. EQT Corporation has also had to lower its capital expenditures in order to stay afloat in the current market conditions.

In addition, weak natural gas prices have caused the company to reduce its workforce, which has affected its profitability. The company’s current situation is precarious, and shares of EQT Corporation are vulnerable due to the weak state of natural gas prices. Investors should exercise caution when considering investing in the company’s shares, as there is a risk that the company may not be able to remain financially strong in the long run. In order to survive, EQT Corporation must find ways to reduce their costs and increase their revenues, which could include expanding into new markets or investing in more efficient technologies.

Stock Price

Wednesday was a difficult day for EQT Corporation as the company’s shares dropped 3.9% from the previous closing price of 38.4, with the stock opening at 38.2 and closing at 36.9. This comes as a result of the weak natural gas prices, which has had an impact on the company’s outlook. In addition, this could signal further drops in the company’s share price if the market does not improve in the near future. Therefore, investors will need to closely monitor natural gas prices to assess the company’s prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Eqt Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Eqt Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Eqt Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Eqt Corporation are shown below. More…

Analysis – Eqt Corporation Stock Intrinsic Value

At GoodWhale, we have analyzed EQT CORPORATION‘s wellbeing and calculated the fair value of their shares to be around $23.1 using our proprietary Valuation Line. Currently, EQT CORPORATION stock is trading at a price of $36.9, overvalued by 60.1%. We believe that there may be a number of reasons for this, which are worth exploring further. We encourage investors to consider the long-term value of EQT CORPORATION and the potential risks associated with investing in overvalued stocks. 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 is a natural gas producing company that has seen its stock price decrease in the wake of weakness in the natural gas market. Analysts believe that the decreased demand for natural gas has weighed on EQT’s stock and will continue to do so until demand for natural gas picks up. Investors are encouraged to keep an eye on the fluctuations of the natural gas market and be prepared to adjust their investments in EQT if necessary. Although EQT is facing headwinds due to the market, the company still has a strong balance sheet and its assets provide a good source of potential future income.