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EQT

DB:EQ6
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EQ6
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

EQT Corporation operates as a natural gas production company in the United States. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
  • EQT has significant price volatility in the past 3 months.
EQ6 Share Price and Events
7 Day Returns
-5.3%
DB:EQ6
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-66.1%
DB:EQ6
21.9%
DE Oil and Gas
-17.7%
DE Market
EQ6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EQT (EQ6) -5.3% 30.8% -32.6% -66.1% -89.1% -91.9%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • EQ6 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • EQ6 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
EQ6
Industry
5yr Volatility vs Market

EQ6 Value

 Is EQT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of EQT to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for EQT.

DB:EQ6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:EQ6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 21%) (303.63%))
2.17
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:EQ6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for EQT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:EQ6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 268.50 Analyst x2 243.01
2021 353.00 Analyst x3 289.15
2022 375.85 Analyst x2 278.64
2023 30.70 Analyst x1 20.60
2024 30.70 Analyst x1 18.64
2025 16.40 Est @ -46.59% 9.01
2026 11.03 Est @ -32.73% 5.49
2027 8.49 Est @ -23.03% 3.82
2028 7.11 Est @ -16.24% 2.90
2029 6.29 Est @ -11.48% 2.32
Present value of next 10 years cash flows $873.00
DB:EQ6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $6.29 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$57.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $57.63 ÷ (1 + 10.49%)10
$21.25
DB:EQ6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $873.00 + $21.25
$894.25
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $894.25 / 255.45
$3.5
DB:EQ6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EQ6 represents 0.89855x of NYSE:EQT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89855x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 3.50 x 0.89855
€3.15
Value per share (EUR) From above. €3.15
Current discount Discount to share price of €6.20
= -1 x (€6.20 - €3.15) / €3.15
-97.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of EQT is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for EQT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EQT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EQ6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-4.79
NYSE:EQT Share Price ** NYSE (2020-03-30) in USD $6.9
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of EQT.

DB:EQ6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:EQT Share Price ÷ EPS (both in USD)

= 6.9 ÷ -4.79

-1.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EQT is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • EQT is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does EQT's expected growth come at a high price?
Raw Data
DB:EQ6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
64%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for EQT, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on EQT's assets?
Raw Data
DB:EQ6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $38.42
NYSE:EQT Share Price * NYSE (2020-03-30) in USD $6.9
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:EQ6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:EQT Share Price ÷ Book Value per Share (both in USD)

= 6.9 ÷ 38.42

0.18x

* Primary Listing of EQT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EQT is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess EQT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. EQT has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EQ6 Future Performance

 How is EQT expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
64%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EQT expected to grow at an attractive rate?
  • Unable to compare EQT's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare EQT's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • EQT's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:EQ6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EQ6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 64%
DB:EQ6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts -3.6%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:EQ6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EQ6 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31 3,224 1,087 -168 1
2022-12-31 3,335 1,162 -219 2
2021-12-31 3,452 1,210 -210 8
2020-12-31 3,554 1,335 -143 7
2020-03-30
DB:EQ6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 3,715 1,852 -1,222
2019-09-30 4,390 2,165 -643
2019-06-30 4,666 2,750 -409
2019-03-31 4,766 2,943 -612
2018-12-31 4,636 2,976 -2,381
2018-09-30 3,922 2,872 -624
2018-06-30 3,514 2,370 -474
2018-03-31 3,173 2,027 -355
2017-12-31 2,701 1,638 1,387
2017-09-30 2,615 1,508 37
2017-06-30 2,455 1,380 5
2017-03-31 2,175 1,294 -295

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EQT is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • EQT's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:EQ6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from EQT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EQ6 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 -0.66 -0.66 -0.66 1.00
2022-12-31 -1.10 -1.10 -1.10 1.00
2021-12-31 -0.86 0.29 -1.62 6.00
2020-12-31 -0.52 -0.35 -0.74 6.00
2020-03-30
DB:EQ6 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -4.79
2019-09-30 -2.52
2019-06-30 -1.60
2019-03-31 -2.37
2018-12-31 -9.12
2018-09-30 -2.45
2018-06-30 -2.03
2018-03-31 -1.69
2017-12-31 7.40
2017-09-30 0.21
2017-06-30 0.03
2017-03-31 -1.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if EQT will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess EQT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
EQT has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EQ6 Past Performance

  How has EQT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare EQT's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • EQT does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare EQT's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare EQT's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
EQT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from EQT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EQ6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,715.35 -1,221.70 288.83
2019-09-30 4,389.60 -642.83 350.84
2019-06-30 4,665.67 -409.15 323.38
2019-03-31 4,766.35 -611.70 291.93
2018-12-31 4,635.82 -2,380.92 290.99
2018-09-30 3,922.32 -624.29 187.69
2018-06-30 3,514.24 -473.60 200.97
2018-03-31 3,172.51 -355.50 192.51
2017-12-31 2,701.00 1,387.03 226.55
2017-09-30 2,615.30 36.50 271.24
2017-06-30 2,454.88 5.14 268.54
2017-03-31 2,174.69 -294.63 291.43
2016-12-31 1,636.05 -531.49 223.61
2016-09-30 1,686.40 -395.60 261.23
2016-06-30 1,645.75 -346.80 264.04
2016-03-31 1,718.85 -82.62 261.72
2015-12-31 1,954.00 85.17 274.50
2015-09-30 2,135.46 205.45 282.81
2015-06-30 2,289.65 263.22 274.73
2015-03-31 2,389.01 366.72 268.74
2014-12-31 2,388.77 385.59 245.25
2014-09-30 2,276.00 466.15 241.22
2014-06-30 2,178.71 453.56 229.91
2014-03-31 2,117.11 425.81 214.99
2013-12-31 1,859.18 298.73 205.13
2013-09-30 1,593.98 233.02 182.92
2013-06-30 1,478.43 178.93 186.07
2013-03-31 1,343.15 129.08 173.53

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if EQT has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if EQT has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if EQT improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess EQT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
EQT has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EQ6 Health

 How is EQT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up EQT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EQT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • EQT's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of EQT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from EQT Company Filings, last reported 2 months ago.

DB:EQ6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 9,803.59 5,292.98 4.60
2019-09-30 10,897.63 5,159.40 7.54
2019-06-30 11,248.48 4,997.80 30.17
2019-03-31 11,139.59 5,048.10 40.85
2018-12-31 10,958.23 5,497.38 3.49
2018-09-30 16,217.39 8,508.10 4.86
2018-06-30 16,702.62 8,532.91 698.03
2018-03-31 16,863.76 7,456.83 210.38
2017-12-31 18,414.61 5,997.33 26.31
2017-09-30 9,424.68 3,398.51 483.56
2017-06-30 9,377.57 3,292.16 572.34
2017-03-31 9,310.58 3,290.81 899.38
2016-12-31 9,119.25 3,289.46 1,389.94
2016-09-30 9,274.28 2,887.76 1,757.41
2016-06-30 9,257.45 2,795.62 2,257.02
2016-03-31 8,481.57 2,803.48 1,556.49
2015-12-31 8,028.04 3,092.34 1,601.23
2015-09-30 7,752.27 3,328.20 1,662.68
2015-06-30 7,645.24 3,290.20 1,958.16
2015-03-31 7,140.17 3,284.44 1,783.52
2014-12-31 6,373.06 2,959.35 1,077.43
2014-09-30 6,175.25 2,994.26 1,171.52
2014-06-30 6,029.93 2,827.62 1,274.27
2014-03-31 5,014.51 2,607.98 909.80
2013-12-31 4,864.13 2,501.52 845.64
2013-09-30 4,735.32 2,501.88 423.90
2013-06-30 4,102.23 2,560.29 16.70
2013-03-31 3,927.04 2,505.65 160.33
  • EQT's level of debt (54%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (46.4% vs 54% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making EQT has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making EQT has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -28.7% per year.
X
Financial health checks
We assess EQT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. EQT has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EQ6 Dividends

 What is EQT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from EQT dividends. Estimated to be 1.55% next year.
If you bought €2,000 of EQT shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate EQT's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate EQT's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:EQ6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:EQ6 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.12 2.00
2021-12-31 0.12 2.00
2020-12-31 0.09 3.00
2020-03-30
DB:EQ6 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-26 0.000 0.000
2020-02-04 0.120 1.926
2019-10-09 0.120 1.329
2019-07-11 0.120 1.002
2019-04-17 0.120 0.668
2019-01-16 0.120 0.608
2018-10-10 0.120 0.519
2018-07-11 0.120 0.243
2018-04-18 0.120 0.229
2018-01-17 0.120 0.237
2017-10-11 0.120 0.202
2017-07-12 0.120 0.191
2017-04-19 0.120 0.209
2017-01-18 0.120 0.196
2016-10-12 0.120 0.179
2016-07-13 0.120 0.167
2016-04-20 0.120 0.164
2016-01-20 0.120 0.195
2015-10-14 0.120 0.208
2015-07-09 0.120 0.162
2015-04-15 0.120 0.140
2015-01-21 0.120 0.151
2014-10-15 0.120 0.143
2014-07-09 0.120 0.127
2014-04-30 0.120 0.113
2014-01-15 0.120 0.121
2013-10-16 0.120 0.138
2013-07-10 0.120 0.139
2013-04-22 0.120 0.154
2013-01-16 0.120 0.189
2012-10-17 0.880 1.480
2012-07-12 0.880 1.556
2012-04-18 0.880 1.808
2012-01-18 0.880 1.762
2011-10-12 0.880 1.507
2011-07-14 0.880 1.532
2011-05-10 0.880 1.700
2011-01-19 0.880 1.835
2010-10-20 0.880 2.103
2010-07-14 0.880 2.459
2010-04-21 0.880 2.214
2010-01-20 0.880 2.016
2009-10-21 0.880 2.048
2009-07-09 0.880 2.201
2009-04-23 0.880 2.463

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as EQT has not reported any payouts.
  • Unable to verify if EQT's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of EQT's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as EQT has not reported any payouts.
Future Payout to shareholders
  • The company is expected to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not expected to be well covered.
X
Income/ dividend checks
We assess EQT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can EQT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EQT has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EQ6 Management

 What is the CEO of EQT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Toby Rice
COMPENSATION $1
AGE 37
TENURE AS CEO 0.7 years
CEO Bio

Mr. Toby Z. Rice serves as the President and Chief Executive Officer of EQT Corporation since July 10, 2019. He is Partner of Rice Investment Group. Mr. Rice serves as Director at Cold Bore Technology Inc. since October 2018. He served as the President at Rice Energy Inc. since February 2008 and its Chief Operating Officer until November 13, 2017. Mr. Rice served as the Chief Executive Officer of Rice Energy, LLC. Mr. Rice served as the President, Chief Executive Officer and Manager at Rice Drilling B LLC, a subsidiary of Rice Energy Inc. He was joined Rice Energy in 2005 with experience and knowledge of unconventional reservoirs. Prior to joining Rice Energy, he was a Founder of ZFT LLC and served as its President. He served as Chief Operating Officer of Rice Energy, LLC. Mr. Rice joined Rice Energy Limited Partnership in February 2007 and later joined Rice Energy as its President and Chief Executive Officer when it was formed in February 2008 to September 2013. He has been a Director of EQT Corporation since July 10, 2019. He has been a Director of Rice Energy Inc. (formerly, Rice Drilling B LLC) since October 2013. He served as Faculty at Texas A&M, where he lectured on Petroleum Economics. He is a Member of the Society of Petroleum Engineers and Environment Texas. Mr. Rice holds a BS in Chemistry from Rollins College and MS in Petroleum Engineering from Texas A&M.

CEO Compensation
  • Insufficient data for Toby to compare compensation growth.
  • Toby's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the EQT management team in years:

0.7
Average Tenure
40
Average Age
  • The average tenure for the EQT management team is less than 2 years, this suggests a new team.
Management Team

Toby Rice

TITLE
President
COMPENSATION
$1
AGE
37
TENURE
0.7 yrs

Tony Duran

TITLE
Chief Information Officer
COMPENSATION
$1M
AGE
40
TENURE
0.7 yrs

William Jordan

TITLE
Executive VP & General Counsel
COMPENSATION
$637K
AGE
39
TENURE
0.7 yrs

Lesley Evancho

TITLE
Chief Human Resources Officer
COMPENSATION
$1M
AGE
41
TENURE
0.7 yrs

David Khani

TITLE
Chief Financial Officer
AGE
56
TENURE
0.2 yrs

Todd James

TITLE
Chief Accounting Officer
AGE
36
TENURE
0.3 yrs

Andrew Breese

TITLE
Investor Relations Director

Michael Laffin

TITLE
Vice President of Communications

Nicole Yohe

TITLE
Corporate Secretary
TENURE
8.4 yrs

Phillip Swisher

TITLE
Controller of Shared Services
AGE
46
Board of Directors Tenure

Average tenure and age of the EQT board of directors in years:

0.7
Average Tenure
62
Average Age
  • The average tenure for the EQT board of directors is less than 3 years, this suggests a new board.
Board of Directors

John McCartney

TITLE
Independent Chairman of the Board
COMPENSATION
$181K
AGE
66
TENURE
0.7 yrs

Toby Rice

TITLE
President
COMPENSATION
$1
AGE
37
TENURE
0.7 yrs

Steve Thorington

TITLE
Independent Director
COMPENSATION
$295K
AGE
63
TENURE
9.5 yrs

Lydia Beebe

TITLE
Independent Director
COMPENSATION
$143K
AGE
66
TENURE
0.7 yrs

Hallie Vanderhider

TITLE
Independent Director
COMPENSATION
$136K
AGE
61
TENURE
0.7 yrs

Phil Behrman

TITLE
Independent Director
COMPENSATION
$287K
AGE
68
TENURE
11.7 yrs

Danny Rice

TITLE
Director
COMPENSATION
$270K
AGE
39
TENURE
2.3 yrs

Anita Powers

TITLE
Independent Director
COMPENSATION
$278K
AGE
63
TENURE
1.3 yrs

Janet Carrig

TITLE
Independent Director
COMPENSATION
$159K
AGE
61
TENURE
0.7 yrs

James McManus

TITLE
Independent Director
COMPENSATION
$141K
AGE
60
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by EQT individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Mar 20 Buy Lydia Beebe Individual 03. Mar 20 03. Mar 20 3,000 €5.38 €16,141
17. Jun 19 Sell Erin Centofanti Individual 13. Jun 19 13. Jun 19 -2,970 €14.22 €-42,225
30. May 19 Buy Robert McNally Individual 29. May 19 29. May 19 13,572 €16.51 €224,037
03. Apr 19 Buy Daniel Rice Individual 01. Apr 19 01. Apr 19 1,025 €18.49 €18,954
03. Apr 19 Buy A. Cary Individual 01. Apr 19 01. Apr 19 1,205 €18.49 €22,283
03. Apr 19 Buy Gerald MacCleary Individual 01. Apr 19 01. Apr 19 1,085 €18.49 €20,064
X
Management checks
We assess EQT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. EQT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EQ6 News

Simply Wall St News

EQ6 Company Info

Description

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2019, it had 17.5 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 1.3 million gross acres. The company was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

Details
Name: EQT Corporation
EQ6
Exchange: DB
Founded: 1925
$1,597,649,669
255,453,917
Website: http://www.eqt.com
Address: EQT Corporation
EQT Plaza,
Suite 1700,
Pittsburgh,
Pennsylvania, 15222,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE EQT Common Stock New York Stock Exchange US USD 02. Mar 1964
DB EQ6 Common Stock Deutsche Boerse AG DE EUR 02. Mar 1964
LSE 0IDU Common Stock London Stock Exchange GB USD 02. Mar 1964
BRSE EQ6 Common Stock Berne Stock Exchange CH CHF 02. Mar 1964
Number of employees
Current staff
Staff numbers
647
EQT employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 20:31
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.