EQT: Holding Up Progress

Jan. 14, 2022 8:00 AM ETEQT Corporation (EQT)20 Comments


  • Secondary common stock offerings will temporarily depress the stock price.
  • The market to market hedging losses cloud the progress that management has made.
  • Those mark to market losses are an opportunity loss of the ability to sell the natural gas for a better price.
  • The company actually breaks even or makes money on natural gas sold at the hedge price.
  • Management has made some good acquisitions while decreasing operating costs that will make for a far better future.
  • This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More »

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Recently EQT (NYSE:EQT) announced another secondary offering by selling shareholders. The market has to absorb that additional stock before the stock price moves forward. This represents a risk of using equity to finance transactions. Oftentimes, the buyers want

EQT Third Quarter 2021, Cost Summary From The Earnings Press Release

EQT Third Quarter 2021, Cost Summary.

EQT Third Quarter 2021, Earnings Press Release

Third Quarter Income Statement Summary From the EQT Press Release

Income Statement Summary From The Third Quarter 2021, EQT Earnings Press Release

EQT Third Quarter 2021, Earnings Press Release

Management Strategy For Obtaining An Investment Grade Rating

Line Of Sight For Investment Grade Rating

EQT Corporation Third Quarter 2021, Earnings Conference Call Slides

How The Model Management Presented Is Improving Asset Profitability

Our Modern Model Has Driven A Step Change In Asset Performance

EQT Corporation Third Quarter 2021, Earnings Slide Presentation

Management Priorities For Fiscal Year 2022

Returning Capital And Starting To Reduce Debt

EQT Corporation 2022 Goal Presentation

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Disclosure: I/we have a beneficial long position in the shares of EQT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation of the purchase or sale of stock. Investors are advised to review all company documents and press releases to see if the company fits their own investment qualifications.

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