Key Takeaways:
- EQT Corp plans significant capital expenditure cuts while boosting production in 2025.
- Analysts forecast a potential 15.05% upside for the stock.
- Company holds an "Outperform" rating, suggesting strong future performance.
EQT Corp. (NYSE: EQT) has outlined a strategic plan to optimize its financials by trimming capital expenditures to a range of $1.95 billion to $2.07 billion in 2025. This cost-cutting initiative will coincide with a ramp-up in natural gas production, targeting volumes between 6.03 billion to 6.30 billion cubic feet equivalent per day. For context, this is a shift from its 2024 metrics, where spending was projected at $2.26 billion for a production rate of 6.1 billion cfe/day. The company's refined approach is largely attributed to enhanced well performance and operational efficiencies stemming from its key 2024 acquisition of Equitrans Midstream.
Wall Street Analysts Forecast
In the realm of analyst predictions, 24 industry experts have set their sights on EQT Corp's (EQT, Financial) one-year price targets. The consensus average target stands at $56.09, with projections peaking at $73.00 and a floor of $35.00. This suggests a potential upside of 15.05% from the current trading price of $48.75. For more comprehensive analysis, investors can explore additional data on the EQT Corp (EQT) Forecast page.
The sentiment among 26 brokerage firms places EQT Corp (EQT, Financial) at an average recommendation of 2.1, positioning it under the "Outperform" category. This rating system, where 1 signifies a "Strong Buy" and 5 indicates a "Sell," underscores the market's favorable outlook on the company's prospects.
However, a contrasting perspective emerges from GuruFocus estimates, which peg the company's estimated GF Value at $27.40 in the coming year. This valuation implies a potential decline of 43.79% from the present price of $48.75. The GF Value serves as GuruFocus' fair value approximation, derived from historical trading multiples, prior business growth, and projected future performance metrics. For further insights, delve into the detailed data available on the EQT Corp (EQT, Financial) Summary page.
