Tudor Pickering downgraded EQT Corp. (NYSE:EQT) from Buy to Hold in a statement released earlier today.
- Updated: October 13, 2016
Boasting a price of $70.35, EQT Corp. (NYSE:EQT) traded -1.09% lower on the day. With the last close down -3.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. EQT Corp. has recorded a 50-day average of $72.07 and a two hundred day average of $71.90. Volume of trade was down over the average, with 513,514 shares of EQT changing hands under the typical 1,531,630
Tudor Pickering has downgraded EQT Corp. (NYSE:EQT) from Buy to Hold in a statement released on 10/13/2016.
On Friday October 07, 2016, Wolfe Research released a statement on EQT Corp. (NYSE:EQT) bumped up the target price from $0.00 to $85.00 that suggested an upside of 0.17%.
With a total market value of $0, EQT Corp. has with a one year low of $47.10 and a one year high of $80.61 .
A total of 20 analysts have released a research note on EQT. Five analysts rating the company a strong buy, twelve analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $73.08.
More About EQT Corp. (NYSE:EQT)
EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company's produced gas and for the independent third parties across the Appalachian Basin. Its EQT Production segment conducts lateral horizontal and completion drilling in the Appalachian Basin. EQT Production's properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. EQT Midstream owns or operates approximately 8,250 miles of gathering lines and approximately 180 compressor units, as well as other general property and equipment.
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