EQT Corp. is a natural gas production company, which engages in the provision of supply, transmission, and distribution of natural gas. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 1,461 full-time employees. The company has operations in Pennsylvania, West Virginia and Ohio. The company owns or leases approximately 610,000 net acres in Pennsylvania. Most of the acreage is located in the southwestern region of the state, with the majority located in Greene and Washington Counties. The company is developing the Marcellus Shale and Upper Devonian Shale in this area. The company also owns or leases 405,000 net acres in West Virginia. Most of the acreage is located in the northwestern region of the state, with the majority located in Doddridge, Marion, Tyler and Wetzel Counties. The company owns or leases 65,000 net acres in eastern Ohio and is developing the Utica Shale in Belmont County. The company operates Utica wells throughout its Ohio acreage. The Marcellus Shale lies nearly a mile or more beneath the surface throughout much of Ohio, Pennsylvania, New York and West Virginia.
Follow-Up Questions
What is EQT Corp (EQT)'s P/E Ratio?
The P/E ratio of EQT Corp is 142.228
Who is the CEO of EQT Corp?
Mr. Toby Rice is the President of EQT Corp, joining the firm since 2019.
What is the price performance of EQT stock?
The current price of EQT is $56.78, it has increased 1.66% in the last trading day.
What are the primary business themes or industries for EQT Corp?
EQT Corp belongs to Energy industry and the sector is Energy
What is EQT Corp market cap?
EQT Corp's current market cap is $35.4B
Is EQT Corp a buy, sell, or hold?
According to wall street analysts, 28 analysts have made analyst ratings for EQT Corp, including 8 strong buy, 15 buy, 7 hold, 0 sell, and 8 strong sell
