EQT Q4 Performance Likely to be Strong, RBC Says

MT Newswires Live
Jan 17

EQT (EQT) should deliver strong Q4 performance thanks to cold weather that reduced production curtailments and improved price realizations, RBC Capital Markets said in a Thursday note.

Following a quarterly check-up, the note said Q4 EPS estimate was raised slightly to $0.72 on commodity price mark-to-market and better production, just below the $0.73 consensus.

Looking ahead, the report said the 2026 setup for upstream activity remains tethered to maintenance production, while growth project capital could trend higher.

It added that increased shareholder returns could begin in the near future as leverage is quickly moving below target levels.

RBC kept its sector perform rating with a $62 price target.

Price: 50.79, Change: +0.87, Percent Change: +1.74

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