Comparing EQT (EQT) and Its Competitors

EQT (NYSE: EQT) is one of 225 public companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare EQT to related companies based on the strength of its dividends, earnings, profitability, risk, analyst recommendations, institutional ownership and valuation.

Valuation and Earnings

This table compares EQT and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
EQT $1.61 billion -$452.98 million 293.50
EQT Competitors $1.86 billion -$438.87 million -22.40

EQT’s peers have higher revenue and earnings than EQT. EQT is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Dividends

EQT pays an annual dividend of $0.12 per share and has a dividend yield of 0.2%. EQT pays out 60.0% of its earnings in the form of a dividend. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.6% and pay out 136.3% of their earnings in the form of a dividend.

Profitability

This table compares EQT and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EQT 1.39% 1.61% 0.95%
EQT Competitors -284.71% 25.37% 5.38%

Volatility and Risk

EQT has a beta of 0.76, suggesting that its share price is 24% less volatile than the S&P 500. Comparatively, EQT’s peers have a beta of 1.41, suggesting that their average share price is 41% more volatile than the S&P 500.

Insider and Institutional Ownership

90.5% of EQT shares are owned by institutional investors. Comparatively, 62.2% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 1.0% of EQT shares are owned by insiders. Comparatively, 12.5% of shares of all “Oil & Gas Exploration and Production” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for EQT and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EQT 0 5 10 0 2.67
EQT Competitors 1432 7600 12223 270 2.53

EQT presently has a consensus target price of $76.75, indicating a potential upside of 30.75%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 18.79%. Given EQT’s stronger consensus rating and higher possible upside, analysts plainly believe EQT is more favorable than its peers.

Summary

EQT peers beat EQT on 8 of the 15 factors compared.

About EQT

EQT Corporation is a natural gas company. The Company operates through three segments: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin. The EQT Production segment also includes the marketing activities of the Company. EQT Production’s properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. The operations of EQT Gathering include the natural gas gathering activities of the Company, consisting solely of assets that are owned and operated by EQT Midstream Partners, LP (EQM). The operations of EQT Transmission include the natural gas transmission and storage activities of the Company, consisting solely of assets that are owned and operated by EQM. EQT Transmission focuses on various transmission projects, including Mountain Valley Pipeline and Transmission Expansion.

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