Important Note: This article is not an investment recommendation and should not to be relied upon when making investment decisions - investors should conduct their own comprehensive research. Please read the disclaimer at the end of this article.
EQT Corp.'s (NYSE:EQT) stock dropped 7.7% on the day of the company's earnings announcement last week. Given the size of the company's midstream segment, the drop in the implied value of the E&P segment was even more pronounced.
While EQT's discussion of the deep Utica potential of its core acreage was encouraging, it was obviously insufficient to neutralize the negative impression from the financial results the company reported for the quarter.
Weak Price Realizations In Q3 Were A Negative Surprise...
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