Insider Trading Roundup: EQT Corporation $EQT

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EQT Corporation (NYSE:EQT) insider have most recently took part in a trading activity. On Jun 23, 2017 Cary A. Bray Jr., Director bought 28,000 shares having total worth of $1,499,400 at the price of $53.55 per share, following the transaction a total of 40,998 shares owned by Cary A. Bray Jr.. Before this latest buy, Cary A. Bray Jr. purchased EQT at 4 other times during the past twelve months, for a total investment of $97,173 at an average of $69.14 per share.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 1 sell activities and 4 buy trades. Furthermore, over the past 12 months , the stock was traded 10 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 1 -7.69%
12 Month 7 3 12.13%

Shares of EQT Corporation (NYSE:EQT) traded up 3.84% on Jun 26, 2017, hitting $58.35. 5,608,600 shares of the company’s stock traded hands. EQT Corporation has a 52 week low of $50.83 and a 52 week high of $79.33. The company’s market cap is $11,860 million.

EQT Corporation (NYSE:EQT) last announced its earnings results on Apr 27, 2017. The company reported 0.43 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.52 by $0.09. The company had revenue of $898 million for the quarter, compared to the consensus estimate of $765 million. During the same quarter in the previous year, the company posted 0.07 earnings per share. The company’s revenue for the quarter was up 65% on a year-over-year basis.

2017-04-27 2017-02-02 2016-10-27 2016-07-28 2016-04-28 2016-02-04 2015-10-22 2015-07-23 2015-04-23 2015-02-05
earnings per share 0.43 0.25 -0.26 -0.35 0.07 -0.06 -0.33 0.01 1.08 0.96
Revenue(M) 897.52 379.02 556.73 127.53 545.07 601.38 0 433.17 708.77 647.01

EQT Corp is a Pennsylvania corporation formed in 2008 in connection with a holding company reorganization of the former Equitable Resources, Inc. The Company conducts its business through three business segments: EQT Production, EQT Midstream and Distribution. EQT Production is one of the natural gas producers in the Appalachian Basin with 6.0 Tcfe of proved reserves across 3.5 million acres, including approximately 540,000 acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company’s produced gas and to independent third parties in the Appalachian Basin. EQT Midstream also provided processing services. Distribution, through its regulated natural gas distribution subsidiary, Equitable Gas Company, LLC, distributes and sells natural gas to residential, commercial and industrial customers in southwestern Pennsylvania, West Virginia and eastern Kentucky, operates a small gathering system in Pennsylvania and provides off-system sales activities which include the purchase and delivery of gas to customers. EQT’s produced natural gas is sold to marketers, utilities and industrial customers located mainly in the Appalachian area. Its competitors include independent oil and gas companies, major oil and gas companies and individual producers and operators. Key competitors for new gathering systems include independent gas gatherers and integrated energy companies. All the operations of the Company are subject to various federal, state, and local laws and regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.