EQT (NYSE:EQT – Get Free Report) issued its quarterly earnings results on Tuesday. The oil and gas producer reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.17, Briefing.com reports. EQT had a net margin of 25.12% and a return on equity of 7.12%. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the company earned $1.70 EPS. EQT’s revenue was down 28.8% on a year-over-year basis.
EQT Stock Up 3.9 %
EQT traded up $1.47 during midday trading on Wednesday, hitting $39.45. 5,421,188 shares of the company’s stock traded hands, compared to its average volume of 6,464,955. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $17.37 billion, a PE ratio of 9.18 and a beta of 1.12. The stock’s fifty day simple moving average is $36.06 and its 200-day simple moving average is $37.99. EQT has a one year low of $30.84 and a one year high of $45.23.
EQT Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 1st. Investors of record on Wednesday, May 8th will be issued a $0.1575 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.63 dividend on an annualized basis and a yield of 1.60%. EQT’s dividend payout ratio is currently 14.82%.
Analyst Upgrades and Downgrades
View Our Latest Research Report on EQT
EQT Company Profile
EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.
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