EQT reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Zacks Analyst Blog Highlights: Concho Resources, Devon Energy, EQT, Apache and Cheniere Energy
Over six months, the energy sector up 9.9%. Independent refiner Valero Energy Corporation (VLO) was the major gainer during this period, experiencing a 37.9% price appreciation.
EQT Corporation (EQT) intends its deal to be tax-free for the company's shareholders, who is likely to retain their EQT shares and receive a pro-rata share of the new entity.
EQT Corp. will separate its upstream and midstream businesses, all in the Appalachian basin. The upstream company will retain the EQT name, with Steve Schlotterbeck remaining as chief executive officer. The midstream company will be named NewCo. Jerry Ashcroft, now EQT vice-president and president, midstream, and senior vice-president and chief operating officer of EQT Midstream Partners, will be NewCo’s CEO.
EQT Corporation (EQT) shares rose 10% in the last trading session, amid huge volumes.
EQT's fourth-quarter 2017 results gain from higher production sales volume as well as increased realizations.