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EQT (LTS:0IDU) 6-Month Price Index : 1.03 (As of May. 17, 2024)


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What is EQT 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-17), EQT's 6-Month Price Index is 1.03.

Competitive Comparison of EQT's 6-Month Price Index

For the Oil & Gas E&P subindustry, EQT's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EQT  (LTS:0IDU) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

EQT  (LTS:0IDU) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

EQT 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of EQT's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

EQT (LTS:0IDU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (LTS:0IDU) » Definitions » 6-Month Price Index
Comparable Companies
MRO CTRA OVV TPL APA CHK AR PR RRC SWN COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
EQT:USA EQ6:Germany EQ6:Germany
Address
625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
Website
https://www.eqt.com
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

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