EQT Corp ideally positioned to execute on Marcellus strategy, says BMO Capital After EQT announced an agreement to transfer its natural gas distribution business to Peoples Natural Gas, BMO Capital reports that the deal's valuation was well above its previous estimate. The firm thinks the company can now achieve 30%+ production growth in 2013, and it maintains an Outperform rating on the stock.
News For EQT From The Last 14 Days
Check below for free stories on EQT the last two weeks.
EQT earnings miss overshadowed by partnership valuation change, says Maxim Maxim attributes the rise in shares of EQT (EQT) despite its earning miss to the company's update on its internal valuation of its general partner ownership in EQT Midstream Partner (EQM) as well as EQT's increase in its Marcellus net acreage from 560K to 580K. Maxim reiterates its Buy rating and $135 price target on EQT.