
Natgas producer EQT's EQT.N shares rise 1.2% to $54.40 premarket
Co beats Q4 profit estimates helped by higher prices and sales of natural gas
EQT's average realized price for natural gas in the quarter was up 9.5% over the year earlier at $3.01 per thousand cubic feet equivalent
Q4 sales volumes were up 7.3% at 605,183 millions of cubic feet equivalent
Co posts Q4 adj profit of 69 cents per share vs estimates of 49 cents per share, according to data compiled by LSEG
EQT expects to spend between $1.95 billion and $2.12 billion in 2025
The 2025 outlook demonstrates the benefits of the strategic midstream spending and overall better well performance, says RBC Capital Markets analyst Scott Hanold
YTD, stock is up 16.6%