EQT Corporation reports Q4 EPS 75c, consensus 69c Reports Q4 revenue $493.4M, consensus $581.94M. EQT Production achieved sales volume of 378.2 Bcfe for 2013, representing a 43% increase over 2012. Approximately 73% of total production sales volume was from horizontally drilled Marcellus wells.
News For EQT From The Last 14 Days
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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.