EQT Corporation (EQT) Shares are Up 0.2%

On a relative basis, the stock has outperformed the S&P 500 by 2.84% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.2% in the last 1 week, and is up 2.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.92% and the 50-Day Moving Average is 2.2%.The 200 Day SMA reached 10.32%. EQT Corporation has dropped 3.01% during the last 3-month period . Year-to-Date the stock performance stands at 37.96%.

EQT

EQT Corporation (NYSE:EQT): After opening at $72.2, the stock dipped to an intraday low of $71.55 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.95 and the buying power remained strong till the end. The stock closed at $71.82 for the day, a gain of 0.11% for the day session. The total traded volume was 1,023,238. The stocks close on the previous trading day was $71.74.

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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