EQT stock rose 1% after strong Q4 earnings, increased production guidance, optimistic investors.
From Nasdaq: 2025-02-19 19:14:18
EQT’s stock rose nearly 1% after reporting a strong beat on profitability in the fourth quarter, with revenue at $1.62 billion and GAAP net income at $418 million. Sales volume increased by 7% to 605 Bcfe, and average realized selling price rose 8% to $3.01 per thousand cubic feet equivalent, totaling $1.64 billion. Despite a $183 million loss in derivatives, EQT raised its 2025 production guidance by 125 Bcfe, aiming for $2.6 billion in free cash flow this year and $3.3 billion in 2026.
Investors are optimistic about EQT’s stock, but it was not among the 10 best stocks recently identified by The Motley Fool Stock Advisor analyst team. The service has outperformed the S&P 500 since 2002 and offers guidance on portfolio building and stock picks. The author of the article has no position in EQT, and the views expressed are their own.
Read more at Nasdaq: Why EQT Stock Bumped Higher Today