Shares of EQT Corporation (EQT) Drops by -2.73%

EQT Corporation (EQT) : During the past 4 weeks, traders have been relatively bearish on EQT Corporation (EQT), hence the stock is down -6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.16% relative to the S&P 500. The 4-week change in the price of the stock is -1.9% and the stock has fallen -2.73% in the past 1 week. The stock has recorded a 20-day Moving Average of 2.35% and the 50-Day Moving Average is 1.81%.

EQT Corporation (NYSE:EQT): The stock opened at $76.22 on Friday but the bulls could not build on the opening and the stock topped out at $76.22 for the day. The stock traded down to $75.02 during the day, due to lack of any buying support eventually closed down at $75.56 with a loss of -0.20% for the day. The stock had closed at $75.71 on the previous day. The total traded volume was 1,846,373 shares.


The company Insiders own 1.1% of EQT Corporation shares according to the proxy statements. Institutional Investors own 80.75% of EQT Corporation shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Eqt Corp, Cary A. Bray Jr., had purchased 277 shares in a transaction dated on July 1, 2016. The transaction was executed at $77.43 per share with total amount equaling $21,448.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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