EQT's Q4 earnings and revenues beat estimates, fueled by increased sales volumes, higher average realized prices and lower total operating expenses.
Although the revenue and EPS for EQT (EQT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
EQT Corporation (EQT) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.48 per share a year ago.
Natural gas producer EQT (EQT 0.95%) reported mixed fourth-quarter 2024 results on Tuesday, Feb. 18, as it managed several challenges, including volatile commodity prices. EQT's adjusted EPS reached $0.69, surpassing the expected $0.53.
Beyond analysts' top -and-bottom-line estimates for EQT (EQT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
EQT (EQT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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With numerous prime drilling locations throughout this gas-rich region, EQT's production prospects are robust.
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EQT's acquisition of Equitrans significantly reduces the company's breakeven cost. The breakeven cost drop provides a competitive edge in a weak natural gas pricing environment. The Equitrans acquisition significantly lowers the company breakeven.
Oil and gas name EQT Corp (NASDAQ:EQT) is down 0.7% to trade at $46.26 this morning, brushing off its pre-market gains after receiving $3.5 billion in cash to close its joint venture with Blackstone (BX).