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Energy stocks – particularly those focused on natural gas – look particularly interesting at the moment. natural gas prices plunged by 62% in 2023.
EQT's CEO Toby Rice issues a stark warning, highlighting the urgent need for pipeline and storage growth to prevent gas prices from skyrocketing by 350%.
The natural gas space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. We advise focusing on fundamentally solid companies such as CTRA and LNG.
The latest trading day saw EQT Corporation (EQT) settling at $33.78, representing a -0.68% change from its previous close.
EQT's acquisition of Equitrans Midstream for $5.5 billion unveils the CEO's vision for AI-driven growth.
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Michael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Meta, EQT and Valmont industries.
EQT Corp. (EQT) was the worst-performing stock in the S&P 500 midday Monday after the natural gas producer announced it was buying midstream infrastructure provider Equitrans Midstream Corp. (ETRN) fo

Why EQT Stock Is Losing Gas Today

10:33am, Monday, 11'th Mar 2024
EQT has agreed to acquire Equitrans Midstream for $5.5 billion in stock and assumed debt. Equitrans is a pipeline operator spun out of EQT back in 2018.
The natural gas space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. We advise focusing on fundamentally solid companies such as CTRA and LNG.
EQT Corp has signed an agreement to buy back its former unit Equitrans Midstream in a roughly $5.5 billion all-stock deal, the Wall Street Journal reported on Monday.
The all-stock transaction will reunite EQT with its former pipeline business.
EQT Corporation (EQT) reachead $37.59 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.

EQT cuts natural gas production on low prices

05:10am, Monday, 04'th Mar 2024
EQT said on Monday it would curtail nearly 1 billion cubic feet (bcf) per day of natural gas production starting late February due to the current low price environment.
The latest trading day saw EQT Corporation (EQT) settling at $37.15, representing a +1.56% change from its previous close.
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