EQT: Cementing Position As Low-Cost Gas Producer (Raising Target Price) [Seeking Alpha]
Equitrans Midstream Corporation (ETRN)
Last equitrans midstream corporation earnings: 2/27 06:30 am
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Source: Seeking Alpha
EQT updated its 2024 guidance and announced the acquisition of Equitrans Midstream, which could lower its free cash flow breakeven to below $2/MMBtu in 2025. I'm raising my target price for EQT stock to $56 based on updated free cash flow projections and the potential benefits of the Equitrans acquisition. The natural gas futures curve and calendar strip prices drive value for gas producers more than the front-month futures price. I last wrote about Marcellus gas producer EQT Corp. ( NYSE: EQT ) on February 16 in EQT: “ The Low-Cost gas Producer is a Buy ,” rating the stock a strong buy and calculating a target price Recommended For You Recommended For You
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News
- EQT Corporation: Tight-Fisted Management When It Is Needed [Seeking Alpha]Seeking Alpha
- EQUITRANS MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Equitrans Midstream Corporation - ETRNBusiness Wire
- Mountain Valley Pipeline passes test after fixing leak, moves to enter service [Seeking Alpha]Seeking Alpha
- US Mountain Valley passes test after fixing leak in WV-VA natgas pipe [Yahoo! Finance]Yahoo! Finance
- Mountain Valley Pipeline segment ruptures during test, sparking criticism [Seeking Alpha]Seeking Alpha
ETRN
Earnings
- 4/30/24 - Beat
ETRN
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- ETRN's page on the SEC website