EQT Corp (EQT): Today's Featured Utilities Winner

EQT (EQT) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.7%. By the end of trading, EQT rose $1.04 (2.1%) to $49.76 on average volume. Throughout the day, 1.9 million shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $48.88-$50.27 after having opened the day at $48.88 as compared to the previous trading day's close of $48.72. Other companies within the Utilities sector that increased today were: Clean Energy Fuels Corporation (CLNE), up 10.4%, GenOn Energy (GEN), up 8.2%, Transportadora de Gas del Sur (TGS), up 7.3%, and American DG Energy (ADGE), up 5.4%.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $7.27 billion and is part of the utilities industry. The company has a P/E ratio of 16.9, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.3% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate EQT a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full EQT Ratings Report.

On the negative front, China Hydroelectric Corporation (CHC), down 4.2%, Active Power (ACPW), down 3.4%, Delta Natural Gas Company (DGAS), down 3.2%, and Connecticut Water Service (CTWS), down 2.7%, were all losers within the utilities sector with Edison International (EIX) being today's utilities sector loser.

• Use our utilities section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR (XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities (SDP).

• Find other investment ideas from our top rated ETFs lists.

For more information on EQT Corp click any of the following:

• EQT Corp Stock Price

• EQT Corp Analyst Ratings

• EQT Corp Key Stats & Profile

• EQT Corp Earnings

• EQT Corp Ratio Comparison

• EQT Corp Growth Rates

• EQT Corp Balance Sheet

• EQT Corp Cash Flow

• EQT Corp Income Statement