EQT Corporation: investing in the future of natural gas

EQT Corporation $EQT is one of the largest natural gas producers in the U.S. and plays a key role in the U.S. energy market. The company focuses on the exploration, production and distribution of natural gas, with its extensive operations concentrated in the Appalachian Mountains region, where abundant gas reserves are located. Due to its position and strategy, $EQT has the potential to benefit significantly from future growth in demand for electricity and liquefied natural gas (LNG).

Positive forecasts from Goldman Sachs

Goldman Sachs highlights $EQT Corporation as a key player among gas producers and forecasts that the company will achieve the highest free cash flow returns in 2026 if the natural gas price is at $3.50 per MMBtu. Although $EQT stock has weakened 2% this month and is down 15% overall for the year, the bank sees long-term upside potential. The average target price for $EQT stock is $43, a 31% upside from the current price.

Risks and future outlook

Despite the positive outlook, Goldman Sachs warns of risks associated with global demand uncertainty and potential geopolitical factors that could affect markets. Still, analysts believe that the decline in oil and gas prices will soon reach a bottom, which could mean a recovery in prices and a rise in the value of energy company stocks, including $EQT.

Stock Price: Currently, shares of $EQT are trading at $34.83, with a slight daily increase of 0.29%.