Zacks Research Has Positive Outlook for EQT Q1 Earnings

EQT Corporation (NYSE:EQT) – Research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of EQT in a report issued on Monday, April 20th. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $1.87 per share for the quarter, up from their prior estimate of $1.80. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.59 per share. Zacks Research also issued estimates for EQT’s Q2 2026 earnings at $0.62 EPS, FY2026 earnings at $3.72 EPS, Q1 2027 earnings at $1.19 EPS, Q2 2027 earnings at $0.89 EPS, Q4 2027 earnings at $1.27 EPS and FY2028 earnings at $5.56 EPS.

Several other analysts also recently issued reports on EQT. TD Securities raised shares of EQT to a “strong-buy” rating in a research report on Friday, February 20th. BMO Capital Markets increased their price objective on shares of EQT from $68.00 to $76.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. Evercore increased their price objective on shares of EQT from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Scotiabank lowered their price objective on shares of EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of EQT from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Tuesday, March 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $68.42.

EQT Stock Down 0.1%

Shares of NYSE:EQT opened at $56.93 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. EQT has a 52-week low of $47.14 and a 52-week high of $68.24. The company has a 50 day moving average of $61.09 and a two-hundred day moving average of $57.46. The company has a market capitalization of $35.57 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 1.06 and a beta of 0.70.

EQT (NYSE:EQT) last posted its earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.32. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.14 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. During the same quarter in the prior year, the company earned $1.18 EPS.

Institutional Investors Weigh In On EQT

A number of hedge funds and other institutional investors have recently modified their holdings of EQT. Caxton Associates LLP bought a new stake in shares of EQT during the first quarter valued at about $256,000. Focus Partners Wealth raised its position in EQT by 9.0% in the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after acquiring an additional 1,789 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its position in EQT by 495.2% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock worth $7,468,000 after acquiring an additional 106,545 shares in the last quarter. Captrust Financial Advisors raised its position in EQT by 39.4% in the second quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock worth $1,786,000 after acquiring an additional 8,658 shares in the last quarter. Finally, First American Bank bought a new stake in EQT in the third quarter worth about $1,915,000. 90.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Todd James sold 32,514 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $61.12, for a total transaction of $1,987,255.68. Following the completion of the transaction, the chief accounting officer owned 58,796 shares in the company, valued at approximately $3,593,611.52. This represents a 35.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sarah Fenton sold 4,876 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the transaction, the executive vice president owned 52,953 shares of the company’s stock, valued at $3,414,938.97. This represents a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 61,158 shares of company stock worth $3,742,983 over the last ninety days. 0.72% of the stock is owned by insiders.

EQT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 6th will be paid a dividend of $0.165 per share. The ex-dividend date is Wednesday, May 6th. This represents a $0.66 annualized dividend and a yield of 1.2%. EQT’s dividend payout ratio (DPR) is 19.94%.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q1 results beat consensus — EQT reported quarterly EPS (~$2.33–$2.36, well above prior-year $1.18) and revenue of roughly $3.1–3.38B (large YoY gains). Results were driven by higher realized gas prices and volume, sending margins and net income sharply higher. EQT beats profit estimates on higher commodity price, sales volume
• Positive Sentiment: Very strong cash generation and balance‑sheet progress — company reported roughly $3.05B operating cash flow and record free cash flow (~$1.83B), exited the quarter with ~ $6.0B total debt (net debt just under $5.7B) and received a Fitch upgrade to BBB. These numbers materially improve financial flexibility and the company is approaching its long‑term debt target. EQT Reports First Quarter 2026 Results
• Positive Sentiment: Operational outperformance — production/sales volumes (618 Bcfe) beat the high‑end of guidance thanks to well performance and system optimizations; unit operating costs came in below guidance, supporting margin expansion. EQT Reports First Quarter 2026 Results
• Neutral Sentiment: Analyst reactions mixed but largely constructive — several price targets lifted (median near $70) and Zacks has raised some estimates and maintains a Strong‑Buy stance; these raise the positive narrative but investors will watch guidance and downstream gas demand. EQT Q1 Earnings and Revenues Top Estimates (Zacks)
• Neutral Sentiment: CEO commentary on broader market opportunity — management highlighted robust U.S. power demand (need for new generation capacity) as a secular tailwind for natural gas demand, a longer‑term positive but not an immediate earnings driver. US Needs Up to 100 Gigawatts of New Power, EQT CEO Says
• Negative Sentiment: ESOP shelf registration raises dilution/dividend questions — EQT filed a $1.9B shelf tied to an ESOP, which gives the company the option to issue shares over time; investors often view such filings as a potential source of dilution or pressure on capital return plans. EQT ESOP Shelf Registration Raises Questions On Dilution And Dividends
• Negative Sentiment: Insider and institutional selling noted — filings and third‑party summaries flagged recent insider sales and large portfolio rebalancings (some big managers trimmed positions), which can create near‑term supply pressure on the stock. EQT Releases Q1 2026 Earnings; Insider/Institutional Notes
• Neutral Sentiment: Note on similarly named firm — several headlines reference EQT (Sweden, OM:EQT) closing a $15.6B Asia fund; that is a separate private‑equity firm and generally not directly relevant to NYSE:EQT equity performance. EQT Raises Record $15.6 Billion for Asia Private Equity Fund

EQT Company Profile

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.