|Bid||0.00 x 900|
|Ask||0.00 x 2200|
|Day's range||5.53 - 5.88|
|52-week range||5.01 - 21.86|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||N/A|
|Earnings date||26 Feb 2020|
|Forward dividend & yield||0.12 (2.00%)|
|Ex-dividend date||12 Feb 2020|
|1y target est||11.76|
BENGALURU/NEW YORK, Feb 11 (Reuters) - U.S. shale gas producers are ripe for further spending cuts and write-downs, investors and analysts said, with prices at four-year lows and China's rejection of some gas imports weighing on earnings. Natural gas production in the United States is at record levels, outpacing domestic consumption and leading to global supply glut. As a result, several large gas producers, have reduced the value of their production assets.
The Zacks Analyst Blog Highlights: EQT, Gulfport Energy, Montage Resources, SilverBow Resources and Cabot Oil & Gas
It looks like EQT Corporation (NYSE:EQT) is about to go ex-dividend in the next 4 days. Ex-dividend means that...
EQT has been seeking ways to reduce its swelling debt pile of close to $5 billion as it struggles to cope with lower natural gas prices. Late last year, it tried unsuccessfully to divest its Ohio acreage, two of the sources said. EQT is in talks to find an investor for a so-called "override" deal, the sources said.
Schlumberger (SLB) reported upbeat Q4 earnings on strength in its international operations. Meanwhile, Eni (E) announced the flow of first oil from the Agogo field, offshore Angola.
Natural gas futures slumped to their lowest level in more than three and a half years after weather updates showed milder temperatures and pessimistic signs for heating demand over the next few days.
Noble Energy's (NBL) Leviathan field starts commercial operation per schedule, and is expected to drive performance of the company over the long term.
EQT Corporation (the Company or EQT) (NYSE: EQT) announced today that it has priced an offering of $1.0 billion in aggregate principal amount of its 6.125% senior notes due February 1, 2025 and $750 million in aggregate principal amount of its 7.000% senior notes due February 1, 2030. The notes are being sold to the public at par. EQT expects the offering to close on January 21, 2020, subject to the satisfaction of customary closing conditions.
EQT Corporation (EQT) estimates its fourth-quarter net sales volumes in the band of 370-375 Bcfe, indicating a narrower outlook from the earlier guided the earlier guided range of 355-375 Bcfe.
The Zacks Analyst Blog Highlights: EQT, Gulfport Energy, Southwestern Energy, Cabot Oil & Gas and SilverBow Resources
Though the Permian often takes center stage in the U.S. shale saga, another American hotspot is seeing a slowdown in production as natural gas prices remain low
EQT Corporation (NYSE: EQT) today announced its board of directors has appointed David Khani as chief financial officer, effective January 3, 2020. As anticipated, Kyle Derham, who has been serving as the company’s interim chief financial officer, will remain with EQT in an executive advisory role to ensure a smooth transition and assist in the execution of EQT’s strategic initiatives before returning to his role as Partner of Rice Investment Group.