Stephen Thorington - EQT Independent Director

EQT Stock  USD 37.97  1.32  3.60%   

Director

Mr. Stephen A. Thorington is an Independent Director of the Company. He is Retired Executive Vice President and Chief Financial Officer, Plains Exploration Production Company, September 2002 through April 2006. Mr. Thorington was a director of the EQGP General Partner since April 2015 and a director of the EQM General Partner since February 26, 2018. Mr. Thorington was a director of KMG Chemicals, Inc., May 2007 through December 2014, at which time he retired from the board at the conclusion of his thencurrent term since 2010.
Age 64
Tenure 14 years
Address EQT Plaza, Pittsburgh, PA, United States, 15222-3111
Phone412 553 5700
Webhttps://www.eqt.com
Thorington also was a director of QRE GP, LLC, the general partner of QR Energy, LP, January 2011 through November 2014.

EQT Management Efficiency

The company has Return on Asset of 0.0657 % which means that on every $100 spent on assets, it made $0.0657 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1335 %, implying that it generated $0.1335 on every 100 dollars invested. EQT's management efficiency ratios could be used to measure how well EQT manages its routine affairs as well as how well it operates its assets and liabilities. At this time, EQT's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.07 in 2024, whereas Return On Capital Employed is likely to drop 0.1 in 2024. At this time, EQT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 8.9 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.1 B in 2024.
The company has 5.84 B in debt with debt to equity (D/E) ratio of 0.49, which is OK given its current industry classification. EQT Corporation has a current ratio of 0.58, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist EQT until it has trouble settling it off, either with new capital or with free cash flow. So, EQT's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EQT Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EQT to invest in growth at high rates of return. When we think about EQT's use of debt, we should always consider it together with cash and equity.

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EQT Corporation operates as a natural gas production company in the United States. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania. Eqt Corp operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 693 people. EQT Corporation (EQT) is traded on New York Stock Exchange in USA. It is located in EQT Plaza, Pittsburgh, PA, United States, 15222-3111 and employs 881 people. EQT is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

EQT Corporation Leadership Team

Elected by the shareholders, the EQT's board of directors comprises two types of representatives: EQT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EQT. The board's role is to monitor EQT's management team and ensure that shareholders' interests are well served. EQT's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EQT's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Duran, Chief Information Officer
Jeremiah Ashcroft, Senior Vice President and Presidentident - Midstream
Janet Carrig, Independent Director
David Shapira, Independent Director
Lee Canaan, Independent Director
Norman Szydlowski, Director
Gary Gould, COO, Executive Vice President
Todd James, Chief Accounting Officer
Vicky Bailey, Independent Director
Lisa Hyland, Senior Vice President and Presidentident - Midstream
Philip Conti, CFO and Sr. VP
James Rohr, Lead Independent Director
David Khani, Chief Financial Officer
Gerald MacCleary, Independent Director
Margaret Dorman, Independent Director
David CFA, Chief Officer
Lydia Beebe, Independent Director
Cameron CFA, Managing Strategy
Robert Vagt, Director
Steven Schlotterbeck, Pres and President of Exploration and Production
Philip Behrman, Independent Director
George Miles, Independent Director
Donald Jenkins, Executive Vice President - Commercial, Business Development, Information Technology and Safety
William Jordan, Executive Vice President, General Counsel, Corporate Secretary
Bray Cary, Independent Director
Thomas Karam, Director
Toby Rice, President, Chief Executive Officer, Executive Director
Blake McLean, Vice President - Strategic Planning
David Schlosser, Senior Vice President and Presidentident - Exploration & Production
Erin Centofanti, Executive Vice President - Production
Kyle Derham, Interim Chief Financial Officer
Hallie Vanderhider, Independent Director
Dave Smith, Vice President - Human Resources
Randall Crawford, Sr. VP and President of Midstream and Commercial
Jimmi Smith, Chief Accounting Officer, Principal Accounting Officer
Phillip Swisher, Controller Services
Stephen Thorington, Independent Director
Frank Hu, Independent Director
Jeremy Knop, Chief Officer
Robert McNally, CFO, Senior Vice President
Jeffery Mitchell, Principal Accounting Officer
Lesley Evancho, Chief Human Resource Officer
John McCartney, Independent Director
Jonathan Lushko, Senior Vice President - Governmental Affairs , General Counsel
Charlene Petrelli, Chief Human Resources Officer, Vice President
Lewis Gardner, Vice President - External Affairs, General Counsel
Blue Jenkins, Chief Commercial Officer
Christina Cassotis, Independent Director
David Porges, Chairman, CEO, Member of Executive Committee and Member of Public Policy and Corporate Responsibility Committee
Daniel Rice, Director
David Smith, Senior Vice President of Human Resources
Kathryn Jackson, Independent Director
James McManus, Independent Director
Theresa Bone, Chief Accounting Officer, Vice President - Finance
Patrick Kane, Chief Investor Relations Officer
Kenneth Burke, Independent Director
Daniel IV, Director
Christine Toretti, Independent Director
Anita Powers, Independent Director
William Lambert, Independent Director
Robert Wingo, Executive Ventures
Lee Todd, Independent Director

EQT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EQT a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with EQT

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EQT position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EQT will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to EQT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQT when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EQT - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EQT Corporation to buy it.
The correlation of EQT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EQT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQT Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EQT can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether EQT Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EQT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eqt Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Eqt Corporation Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EQT Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running EQT's price analysis, check to measure EQT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.
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Is EQT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EQT. If investors know EQT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EQT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.608
Earnings Share
4.22
Revenue Per Share
13.059
Quarterly Revenue Growth
(0.47)
The market value of EQT Corporation is measured differently than its book value, which is the value of EQT that is recorded on the company's balance sheet. Investors also form their own opinion of EQT's value that differs from its market value or its book value, called intrinsic value, which is EQT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EQT's market value can be influenced by many factors that don't directly affect EQT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EQT's value and its price as these two are different measures arrived at by different means. Investors typically determine if EQT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.