EQT
Eqt Corp Energy Crude Petroleum & Natural Gas S&P 500Russell 3000
$55.38Close
$34.6BMarket cap
$48.56 – $67.5352-week range
Highlights
Cautions
- Not in an uptrend 4 of 8 trend conditions
- Lagging the market RS 46 · weaker than 54% of stocks over 12 months
- Earnings shrinking EPS −17% year on year
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
18%
1wk
down 0.4%
price change
1mo
up 14.0%
price change
12-month return
up 7%
market up 11% ·
its own down 3%
F-score
8 / 9
Exceptional
Altman Z″
2.49
Moderate risk
P/E
16.9×
price / earnings
PEG
0.03
P/E / EPS growth
P/B
1.5×
price / book
Earnings yield
up 7.8%
EBIT / enterprise value
Cheaper than
84%
of the market · markedly cheap
Revenue growth
up 64%
year on year
EPS growth
down 17%
latest quarter · +57 pts
Sales growth
down 10%
latest quarter · +20 pts
ROE
up 9%
return on equity
Free cash margin
up 33%
$2.8B FCF
D/E
0.31
long-term debt / equity
Net debt / EBITDA
1.2×
Interest cover
—EBIT / interest
Piotroski tests
- issued more shares
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- Long-term debt down 19% ($9.0B → $7.3B)
- Gross margin 63.7% → 82.3%
Trade setup
ATR%
2.9%
$1.63 a day · 2×ATR $52.12
RS
46 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
1.1×
vs 50-day average
Up/down volume
0.85
50 sessions
Implied move
—
no scheduled report
Trend template · 4 of 8
- Price above the 150 and 200-day averages: passes
- 150-day average above the 200-day: fails
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: passes
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 4.6% over the year, from 597m to 624m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Oct 27, 2026
Results reaction
Oct 27, 2026+2% vs market2 sessions after results
Options
$2.9M32.8% IV · activity
Financials
- Gross 82%
- Net 24%
- Free cash 33%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.7B | $6.8B | $12.1B | $5.0B | $5.3B | $8.6B |
| Gross margin | 35% | 71% | 83% | 57% | 64% | 82% |
| Operating income | -$877.7M | -$1.4B | $2.7B | $2.3B | $685.3M | $3.2B |
| Net income | -$958.8M | -$1.1B | $1.8B | $1.7B | $230.6M | $2.0B |
| Net margin | -36% | -17% | 15% | 34% | 4% | 24% |
| Earnings per share | -$3.68 | -$3.54 | $4.36 | $4.20 | $0.45 | $3.31 |
| Free cash flow | $495.5M | $607.3M | $2.1B | $1.2B | $573.3M | $2.8B |
| Free cash margin | 19% | 9% | 17% | 23% | 11% | 33% |
| Cash | $18.2M | $114.0M | $1.5B | $81.0M | $202.1M | $110.8M |
| Long-term debt | $4.9B | $4.5B | $5.3B | $5.5B | $9.0B | $7.3B |
| Shareholders' equity | $9.2B | $10.0B | $11.2B | $14.8B | $20.6B | $23.8B |
| Shares outstanding | 280m | 377.43m | 365.36m | 419.90m | 596.87m | 624.08m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $51 – $59 ±7.3% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 32.8% priced · 28.6% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $2.9M calls $1.5M · puts $1.4M · latest session
- 0.95× +0.46 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +509 · puts -22.71k past week
For options traders: ATM IV 32.8% (-3.7% 1w) · 1m ÷ 3m IV 1.03 · 25Δ skew -2.5 pts · Net GEX $2.0M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 28, 2026 | Quarterly ↗ | Sep 30, 2026 | 28d |
| Jul 22, 2026 | Quarterly ↗ | Jun 30, 2026 | 22d |
| Apr 22, 2026 | Quarterly ↗ | Mar 31, 2026 | 22d |
| Feb 18, 2026 | Annual ↗ | Dec 31, 2025 | 49d |
| Oct 22, 2025 | Quarterly ↗ | Sep 30, 2025 | 22d |
| Jul 23, 2025 | Quarterly ↗ | Jun 30, 2025 | 23d |
| Apr 23, 2025 | Quarterly ↗ | Mar 31, 2025 | 23d |
| Feb 19, 2025 | Annual ↗ | Dec 31, 2024 | 50d |
| Oct 30, 2024 | Quarterly ↗ | Sep 30, 2024 | 30d |
| Jul 24, 2024 | Quarterly ↗ | Jun 30, 2024 | 24d |
| Apr 24, 2024 | Quarterly ↗ | Mar 31, 2024 | 24d |
| Feb 14, 2024 | Annual ↗ | Dec 31, 2023 | 45d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 27, 2026 | Results ↗ |
| Oct 26, 2026 | Material agreement · Regulation FD ↗ |
| Oct 13, 2026 | Results ↗ |
| Oct 7, 2026 | Material agreement · New obligation ↗ |
| Jul 21, 2026 | Results ↗ |
| Jul 14, 2026 | Results ↗ |
| Apr 21, 2026 | Results ↗ |
| Apr 15, 2026 | Director or officer change · Shareholder vote ↗ |
| Apr 14, 2026 | Results ↗ |
| Mar 24, 2026 | Other events ↗ |
| Mar 10, 2026 | Other events ↗ |
| Feb 17, 2026 | Results ↗ |