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EQT Corporation rated Distribute after strong gains; Q3 revenue down but EPS beats consensus.

Analyst Insights
29 Oct 2026, 15:38 WIB
Seeking Alpha
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Neutral
EQT Corporation rated Distribute after strong gains; Q3 revenue down but EPS beats consensus.

EQT Corporation has been rated Distribute at $56.29 following a successful Accumulate call that yielded a 56% gain before dividends. In Q3 FY12/26, the company reported a 9.6% decline in revenues and an 8% drop in volumes, though capital expenditures were 10% below guidance and adjusted EPS of $0.42 exceeded expectations. The Distribute rating reflects a cyclical outlook, as historically high free cash flow margins, currently at 44%, have preceded weaker stock performance. EQT trades at 6.1 times trailing EBITDA with net debt reduced to $5.47 billion, and future stock movement will depend on the commodity cycle.

EQT trades at USD 56.49 on Pluang as of Oct 29, 2026 19:31 WIB, showing a modest 0.47% increase in the past day. Despite the recent Distribute rating and cyclical concerns noted in the earnings report, Pluang users are currently 100% selling EQT shares. The stock's market cap stands at $35.17 billion, reflecting its significant presence in the energy sector.

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