EQT Corp (EQT)

Crude Petroleum & Natural Gas

Latest Price

$48.56

TTM P/E

11.27

Normalized P/E

11.24

Div Yield

1.34%

Book Value

40.38

P/B Ratio

1.20

Valuation metrics

EPS: $3.31

Book value / share: $38.58

Formula: √(22.5 × EPS × BVPS)

Graham Number

$53.60

+10% upside

Base FCF: $1.2B (median of recent 5yr)

Growth: 24%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$115.96

+139% upside

EPS: $3.31

Target P/E: 11×

Formula: EPS × P/E

P/E Fair Value

$36.41

25% downside

95.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	60.26M	$3.20B	9.63%	-716.5K	2026-06-30
Vanguard Capital Management LLC	40.86M	$2.17B	6.53%	+298.0K	2026-06-30
State Street Corp	39.68M	$2.11B	6.34%	+1.40M	2026-06-30
Vanguard Portfolio Management LLC	32.76M	$1.74B	5.23%	+789.5K	2026-06-30
Morgan Stanley	24.35M	$1.29B	3.89%	-4.11M	2026-06-30
Wellington Management Group LLP	22.57M	$1.20B	3.60%	+6.60M	2026-06-30
JPMorgan Chase & Co	20.54M	$1.07B	3.28%	+1.81M	2026-06-30
Geode Capital Management, LLC	17.03M	$901.0M	2.72%	+272.9K	2026-06-30
Orbis Allan Gray Ltd	15.71M	$835.0M	2.51%	+3.59M	2026-06-30
Eagle Capital Management LLC	15.36M	$816.0M	2.45%	+11.70M	2026-06-30