EQT Corporation (EQT) Viewed as a Core Holding Among Gas Producers

TheFly reported connected January 22 that Stephens expert Mike Scialla lowered the terms people connected EQT to $68 from $69 and maintained an Overweight rating. The steadfast noted that its Q4 currency travel per stock and accumulation estimates are 5% and 1% beneath consensus, respectively. Despite this, Stephens anticipates that EQT’s integrated plus basal and low-cost operational operation volition let it to support a premium valuation successful examination to its earthy state peers.

Photo from PBF Energy LinkedIn

Similarly, a time earlier connected January 21, Scotiabank expert Cameron Bean lowered the terms people connected EQT Corporation (NYSE:EQT) to $63 from $67 and maintained a Sector Perform rating. The accommodation was portion of a broader update to Scotiabank’s sum of North American earthy state stocks. The company’s projections, which enactment predictions for higher earthy state prices and associated equity valuations implicit the coming year, proceed to bespeak proviso shortages successful the United States and Western Canada contempt the reduced goal.

EQT Corporation (NYSE:EQT) is simply a starring U.S. vigor institution focused connected the production, gathering, and transmission of earthy gas, chiefly successful the Appalachian Basin.

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