Shares of EQT Corporation (EQT) Sees Large Inflow of Net Money Flow

EQT Corporation (EQT) : $16.45 million worth of transactions were on upticks in EQT Corporation (EQT), compared to $9.88 million on downticks. The ratio between the two was 1.66, whereas, the net money flow stood at a healthy $6.57 million on Tuesdays session. The consistent buying on upticks in the stock accounted for $6.2million worth of trades. The total money flow into the stock stood at $6.2 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.94%. The stock was trading at $76.95, with a drop of $0.73 over the previous days close. The stock recorded -3% for the week.


The company Insiders own 1.1% of EQT Corporation shares according to the proxy statements. Institutional Investors own 80.73% of EQT Corporation shares. In an insider trading activity, Cary A. Bray Jr., director of Eqt Corp had purchased 277 shares on July 1, 2016 in a transaction. The price per share was $77.43 and the total amount of the disclosed transaction was $21,448.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Shares of EQT Corporation rose by 1.48% in the last five trading days and 3.84% for the last 4 weeks. EQT Corporation is up 13.69% in the last 3-month period. Year-to-Date the stock performance stands at 50.55%.

EQT Corporation (NYSE:EQT): stock turned positive on Tuesday. Though the stock opened at $78.21, the bulls momentum made the stock top out at $78.84 level for the day. The stock recorded a low of $77.92 and closed the trading day at $78.41, in the green by 1.90%. The total traded volume for the day was 1,044,927. The stock had closed at $76.95 in the previous days trading.

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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