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Stocks/Energy/Oil & Gas Exploration & Production

EQTEQT

Oil & Gas Exploration & Production · Pittsburgh, Pennsylvania · In the S&P 500
High qualityPricier than peers
$55.38+1.54%After hours: $55.37 (−0.02%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 6.9% over 1 year
EQT over 1 yearDaily close, $, to 30 Oct 2026
$50$60Nov2026MarMayJulSep$55.38$50$60NovMarJul$55.38
Source: Nasdaq daily closes
Market value$34.64B
Price to earnings13.1x
Forward P/E18.8x
Dividend yield1.23%
Year to date+3.3%
One year+6.9%
Next earningsNot scheduled
SectorEnergy
52-week range (closes)
$48.56$67.93

Quality and valuation

How EQT compares with other energy stocks. A description, not a recommendation.

EQT and 6 oil & gas exploration & production peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most energy companies, priced above most of them.

EQT trades at 18.8 times the next 12 months of expected earnings, against a median of 12.8x for the 25 energy stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +18.6% vs +13.3%
  • Keeps more of each sale (gross margin): 83.5% vs 25.2%
  • More profitable (operating margin): 41.8% vs 22.9%
  • Turns more of its sales into cash: 40.7% vs 9.8%
EQT trades at 18.8x forward earnings, above the sector medianForward p/e, Oil & Gas Exploration & Production peers
EOG9.3xDVN9.4xFANG9.9xOXY10.2xEXE12.2xCOP13.3xEQT18.8xTPL33.3xSector median 12.8xEOG9.3xDVN9.4xFANG9.9xOXY10.2xEXE12.2xCOP13.3xEQT18.8xTPL33.3xSector median 12.8x
Source: CNBC quotes; Mostly Markets
At 13.1x earnings, EQT is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
0x50x100xAverage 43.4x2025202613.1x0x50x100xAverage 43.4x2025202613.1x
Source: Nasdaq prices; SEC filings

Financials

From EQT's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue fell 9.6% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bn$3bnQ4 ’24Q2 ’25Q4 ’25$1.8bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$1.8bnQ3 ’26
Source: SEC filings
Growth sped up to −9.6% last quarterRevenue growth, year on year, %
0%50%100%150%Q4 ’24Q2 ’25Q4 ’25−9.6%Q3 ’260%100%Q4 ’24Q2 ’25Q4 ’25−9.6%Q3 ’26
Source: SEC filings
Operating margin was 26.0% last quarterOperating income as a share of revenue, %
0%20%40%60%Q4 ’24Q2 ’25Q4 ’2526.0%Q3 ’260%25%50%Q4 ’24Q2 ’25Q4 ’2526.0%Q3 ’26
Source: SEC filings
Free cash flow was $3.8 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$0.4bnQ3 ’26$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$0.4bnQ3 ’26
Source: SEC filings
Last 12 monthsEQTSector median
Revenue growth+18.6%+13.3%
Gross margin83.5%25.2%
Operating margin41.8%22.9%
Free cash flow margin40.7%9.8%
Price to earnings13.1x17.2x

Stories on EQT

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Similar companies

Oil & Gas Exploration & Production, by market value.

CompanyPriceTodayYTDValue
COPConocoPhillips$154.03+2.67%+64.5%$185B
EOGEOG Resources$165.54+2.05%+57.6%$86.83B
OXYOccidental Petroleum$64.00+1.57%+55.6%$63.98B
FANGDiamondback Energy$212.08+2.74%+41.1%$59.39B
DVNDevon Energy$52.15+1.92%+42.4%$57.37B
TPLTexas Pacific Land$331.68+1.13%+15.5%$22.88B
EXEExpand Energy$90.55+0.12%−18.0%$20.91B
APAAPA$52.82+2.54%+115.9%$18.51B