Global private-markets investor EQT is doubling down on Asia as one of its strongest growth pillars. China offers early-stage potential despite weak buyouts, EQT said.
Wall Street is struggling amid AI overvaluation fears, as well as warnings from chief executives at Morgan Stanley (MS) and Goldman Sachs (GS) of an up to 20% equity market pullback in the next one to two years.
EQT posts stronger Q3 earnings on higher natural gas prices and sales volume gains, while increasing its quarterly dividend by 5%.
EQT Corporation (NYSE:EQT ) Q3 2025 Earnings Call October 22, 2025 10:00 AM EDT Company Participants Cameron Horwitz - Managing Director of Investor Relations & Strategy Toby Rice - President, CEO & Director Jeremy Knop - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Devin McDermott - Morgan Stanley, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Wei Jiang - Barclays Bank PLC, Research Division Joshua Silverstein - UBS Investment Bank, Research Division Neil Mehta - Goldman Sachs Group, Inc., Research Division Kaleinoheaokealaula Akamine - BofA Securities, Research Division Phillip Jungwirth - BMO Capital Markets Equity Research Bob Brackett - Sanford C. Bernstein & Co., LLC.
EQT Corporation (EQT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.12 per share a year ago.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for EQT (EQT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2025.
EQT (EQT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EQT Corporation is rated a "buy" with a fair value target of $81.85, representing a 46.8% upside from current levels. EQT's acquisition of Olympus Energy assets is expected to boost EBITDA by 21.14% and free cash flow by 24.5%, enhancing operational efficiency. Strong Q2 2025 results, new data center supply contracts, and stabilizing gas prices support robust profit growth and financial stability for EQT.
I rate EQT a buy, driven by a bullish long-term outlook for US natural gas prices due to rising demand and constrained supply. AI/data center growth and climate change are boosting electricity demand, while supply is challenged by renewable policy, OPEC, and LNG demand that can drive natural gas prices higher. EQT stands out as a pure-play gas producer with significant reserves, integrated operations, and potential upside from LNG expansion and M&A.
EQT has delivered strong YoY share price gains, driven by rising natural gas demand and operational improvements. The company is expanding its asset base, growing its portfolio, and successfully lowering its breakeven costs. These strategic moves position EQT to generate substantial shareholder returns moving forward.
EQT's recent sell-off is overdone; the current weakness in natural gas prices is temporary and creates a compelling buying opportunity. Futures markets and hedging activity from EQT and peers suggest smart money expects higher gas prices into 2026 and beyond. EQT's low-cost structure and limited 2026 hedging reflect management's confidence in future gas price recovery and free cash flow generation.
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