EQT Corporation EQT was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $46.04–$49.38 in the past one-month time frame, witnessed a sharp increase yesterday.
The share price appreciation reflects year-over-year improvement in the company’s first-quarter 2018 results.
The company has seen five positive estimate revisions versus one downward revision in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
EQT Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
EQT Corporation Price and Consensus
Another stock worth considering in the Oil and Gas – Exploration and Production – United States industry is EOG Resources, Inc. EOG which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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