Eqt AB
EQT Corp operates in the Oil, Gas & Consumable Fuels industry within the Energy sector, generating revenue through energy production activities.
Business. EQT Corp operates in the Oil, Gas & Consumable Fuels industry within the Energy sector, generating revenue through energy production activities.
Analyst recommendations
26 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
EQT Corp operates in the Oil, Gas & Consumable Fuels industry within the Energy sector, generating revenue through energy production activities.
EQT Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.31, indicating limited leverage relative to shareholder equity. The company holds $110.8 million in cash and equivalents against $7.29 billion in long-term debt, resulting in a negative net cash position. Liquidity is assessed as medium risk, supported by a current ratio that is not explicitly provided but implied by the balance sheet composition. The firm generates substantial operating cash flow of $5.13 billion, which comfortably covers capital expenditures of $2.29 billion, providing free cash flow for debt service and shareholder returns.
Profitability metrics show a return on equity of 8.59% and a return on assets of 4.88%, reflecting moderate efficiency in asset utilization. The company reports a net income of $2.04 billion on revenues of $8.64 billion, yielding a net margin of approximately 23.6%. Operating income stands at $3.25 billion, demonstrating strong operational leverage. Without cohort median data for direct comparison, these returns are evaluated against the general energy sector context, where capital intensity typically moderates ROA.
Revenue concentration and geographic exposure details are absent from the provided data, preventing a detailed analysis of segment mix or regional risk. The company’s activity is broadly classified under Oil, Gas & Consumable Fuels, suggesting exposure to commodity price volatility inherent to the energy sector. The lack of specific segment data limits the ability to assess diversification benefits or concentration risks within the business lines.
Growth trajectory analysis is constrained by the absence of historical period data. The current financial snapshot provides a single-period view of revenue and net income, without year-over-year or quarterly trend data to evaluate momentum. Consequently, the growth narrative relies on the current scale of operations, with $8.64 billion in revenue serving as the baseline for future projections.
Risk factors include medium liquidity risk and low dilution risk. The key flag notes that net cash is negative after subtracting total debt, highlighting reliance on operating cash flow for liquidity management. The low dilution risk suggests that share count stability is maintained, with basic and diluted shares outstanding both at 615.7 million, indicating no significant in-the-money options or convertible securities impacting earnings per share.
Recent events are reflected in analyst sentiment, with a mean price target of $69.41 and a median target of $69.50, implying upside potential from the current market price of $50.15. The mean recommendation of 2.00 indicates a buy consensus, supported by 6 strong buys and 14 buys versus 6 holds. This positive analyst outlook contrasts with the low classification confidence, suggesting that market participants have higher conviction in the company’s prospects than the automated classification system.
- Conservative leverage with a debt-to-equity ratio of 0.31 and strong operating cash flow coverage of capital expenditures.
- Moderate profitability with an ROE of 8.59% and ROA of 4.88%, driven by a 23.6% net margin.
- Negative net cash position creates medium liquidity risk, dependent on consistent cash flow generation.
- Low dilution risk with stable share count of 615.7 million basic and diluted shares.
- Positive analyst sentiment with a mean price target of $69.41, suggesting significant upside from current levels.
- Lack of historical and segment data limits detailed growth and concentration risk analysis.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 4,44 |
| Revenue | —no estimate | —no estimate | 9,5B USD |
| Operating income | —no estimate | —no estimate | 4,3B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Deferred Stock Units → Common StockAcquired 44grant · 2026-07-01
- Director · Deferred Stock Units → Common StockAcquired 541grant · 2026-07-01
- EVP UPSTREAM · Employee Stock Option (right to buy) → Common StockAcquired 133 333 @ $90,00grant · 2026-04-27
- Director, PRESIDENT & CEO · Employee Stock Option (right to buy) → Common StockAcquired 333 334 @ $100,00grant · 2026-04-27
- CHIEF ACCOUNTING OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 66 666 @ $90,00grant · 2026-04-27
- CHIEF ACCOUNTING OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 66 667 @ $95,00grant · 2026-04-27
- CHIEF HUMAN RESOURCES OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 66 666 @ $90,00grant · 2026-04-27
- CHIEF HUMAN RESOURCES OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 66 667 @ $95,00grant · 2026-04-27
- CHIEF INFORMATION OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 83 333 @ $90,00grant · 2026-04-27
- CHIEF INFORMATION OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 83 334 @ $100,00grant · 2026-04-27
- EVP OPERATIONS · Employee Stock Option (right to buy) → Common StockAcquired 133 333 @ $90,00grant · 2026-04-27
- EVP OPERATIONS · Employee Stock Option (right to buy) → Common StockAcquired 133 334 @ $100,00grant · 2026-04-27
- EVP UPSTREAM · Employee Stock Option (right to buy) → Common StockAcquired 133 334 @ $100,00grant · 2026-04-27
- CHIEF LEGAL & POLICY OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 133 333 @ $90,00grant · 2026-04-27
- CHIEF LEGAL & POLICY OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 133 334 @ $100,00grant · 2026-04-27
- CHIEF FINANCIAL OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 266 666 @ $90,00grant · 2026-04-27
- CHIEF FINANCIAL OFFICER · Employee Stock Option (right to buy) → Common StockAcquired 266 667 @ $95,00grant · 2026-04-27
- Director, PRESIDENT & CEO · Employee Stock Option (right to buy) → Common StockAcquired 333 333 @ $90,00grant · 2026-04-27
- Director · Restricted Stock Units → Common StockAcquired 3 320grant · 2026-04-14
- Director · Restricted Stock Units → Common StockDisposed 4 116exercise · 2026-04-14
- Director · Restricted Stock Units → Common StockAcquired 3 320grant · 2026-04-14
- Director · Restricted Stock Units → Common StockAcquired 3 320grant · 2026-04-14
- Director · Restricted Stock Units → Common StockDisposed 4 116exercise · 2026-04-14
- Director · Restricted Stock Units → Common StockAcquired 3 320grant · 2026-04-14
- Director · Restricted Stock Units → Common StockDisposed 4 116exercise · 2026-04-14
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Capex To Revenuecapital_expenditure / revenue
- Market Capmarket_price * shares_outstanding_diluted
- Enterprise Valuemarket_cap - net_cash
- Return On Assetsnet_income / total_assets
- EQT Corporation Market data — financials · 2026-07-13
- EQT Corp Market data — analyst estimates · 2026-07-13
- EQT Corp Market data — ESG · 2026-07-13
- EQT AB — company reference export (2026-07-05) · 2026-07-13
Ownership & reference
Insider activity
- EVP OPERATIONS · Common StockOther 3 904 @ $52,00$203K · 2026-07-27
- EVP UPSTREAM · Common StockOther 3 904 @ $52,00$203K · 2026-07-27
- CHIEF FINANCIAL OFFICER · Common StockOther 1 011 @ $53,03$54K · 2026-07-24
- Director, PRESIDENT & CEO · Common StockSold 1 731 @ $53,46$93K · 2026-06-08
- Director, PRESIDENT & CEO · Common StockSold 10 511 @ $55,17$580K · 2026-06-05
- Director, PRESIDENT & CEO · Common StockSold 86 472 @ $54,17$4,7M · 2026-06-05
- Director · Common StockSold 4 116 @ $59,80$246K · 2026-04-27
- Director · Common StockOther 4 116 · 2026-04-14
- Director · Common StockOther 4 116 · 2026-04-14
- Director · Common StockOther 4 116 · 2026-04-14
- Director · Common StockOther 4 116 · 2026-04-14
- Director · Common StockOther 4 116 · 2026-04-14
- EVP UPSTREAM · Common StockSold 4 876 @ $64,49$314K · 2026-03-16
- EVP OPERATIONS · Common StockSold 7 634 @ $64,35$491K · 2026-03-12
- CHIEF FINANCIAL OFFICER · Common StockOther 12 930 @ $62,23$805K · 2026-03-09
- CHIEF FINANCIAL OFFICER · Common StockOther 32 857 · 2026-03-09
- Director, PRESIDENT & CEO · Common StockOther 291 125 · 2026-03-09
- Director, PRESIDENT & CEO · Common StockOther 126 611 @ $62,23$7,9M · 2026-03-09
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Net margin (FY 2025-12-31): 23.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 374.2%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -7.2%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -16.3%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 81.3%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 63.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 635.6%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 640.0%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 784.4%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 15.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 4.9%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -20.0%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -45.2%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 1.5%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.76xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.61xDerived (calculated)
- Return on assets (FY 2025-12-31): 4.9%Derived (calculated)
- Return on equity (FY 2025-12-31): 8.6%Derived (calculated)
- Shareholders' equity (annual): USD 23.75BSEC XBRL filing
- Long-term debt (annual): USD 7.8BSEC XBRL filing
- Operating cash flow (annual): USD 5.13BSEC XBRL filing
- Pre-tax income (annual): USD 2.98BSEC XBRL filing
- Operating income (annual): USD 3.25BSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 3SEC XBRL filing