EQT Corporation (EQT)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I see EQT as a cyclical Appalachian natural gas producer, and FairStock’s Lynch category fits: Oil & Gas E&P, where earnings follow the economic cycle. The product is a commodity, so I do not see a wide moat; gathering and transmission assets may help logistics and costs, but price takers rarely earn durable high returns. Financial health is a relative strength: debt/equity is 0.20, trailing free cash flow is $3.8B, and the FairStock FCF yield is 11.0% based on the 2026-10-26 close. Profitability is only moderate, with FairStock ROE of 11.08% and ROCE of 6.63%. Results are volatile: in fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $3.4B, net income $1.5B, and diluted EPS $2.36; in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.8B, net income $211.4M, and EPS $0.34. In fiscal year 2025, the year ended 2025-12-31, revenue was $8.6B, net income $2.0B, and EPS $3.31. FairStock reports revenue growth of -3.94% and profit growth of -73.04%, so the recent trajectory is weak. At $54.85, FairStock P/E is 12.73, P/B 1.36, and EV/EBITDA 5.82; the Graham Number is $62.58, implying 11.11% margin of safety. Altman Z 1.93 and Piotroski 5/9 are middling. The price looks fair to modestly cheap, but commodity risk and weak ROCE keep me cautious.

In plain English: EQT produces and sells natural gas and related products, mainly in Appalachia. Its results swing with energy prices: cash flow is strong and debt is modest, but earnings are uneven and fell sharply in the latest quarter. At the October 26, 2026 close, the shares look a bit cheap versus a conservative value estimate, though not deeply cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer