EQT Corporation, a prominent natural gas producer in the United States, has been given a neutral rating by UBS.
The company's revenue primarily comes from the sale of natural gas, which accounts for 89.6% of its total revenue. Most of this natural gas is sourced from the Appalachian basins.
In addition to natural gas, EQT also generates revenue from the sale of liquefied natural gas, which contributes 8.5% to its revenue, and oil sales, which make up 1.9% of its revenue. This diversified approach positions EQT as a significant player in the energy sector, particularly in the natural gas market.