EQT becomes largest U.S. producer of certified natural gas

  • Top U.S. natural gas producer EQT Corp. ( EQT ) also has become the country's largest producer of certified natural gas, after saying it has certified most of its natural gas output under both the Equitable Origin Standard for Responsible Energy Development and the MiQ standard for methane emission.
  • The certifications provide a verified method for tracking the company's ESG commitments, which include achieving net zero Scope 1 and 2 greenhouse gas emissions and reducing EQT 's methane emissions intensity by 65% by 2025.
  • EQT says it achieved the highest initial certification score issued by Equitable Origin to any upstream producer in the U.S. or overseas.
  • EQT also says the first block of its certified natural gas is now available for trading on MiQ's Digital Registry.

    Over the current book year the company from Pittsburgh could achieve a revenue around 5.35 billion USD (consensus estimates). This is rather significant more than 2021's revenue of 3.06 billion USD.

    Historical revenues and results EQT plus estimates 2021

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    The analysts expect for 2021 a net profit of 578 million USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 1.65 USD. So the price/earnings-ratio equals 14.07.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the energy companies equals a relatively high 2.96 percent.

    Based on the current number of shares EQT 's market capitalization equals 6.46 billion USD. 28

    At 18.09 the stock trades 2.78 percent lower at 23.21 USD.

    Historical stock prices EQT

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