EQT Corporation (EQT) is One of the Best Energy Stocks. Here is Why.

EQT Corporation (NYSE:EQT) is a leading natural gas producer in the U.S. with production and midstream operations focused in the Appalachian Basin.

EQT Corporation (EQT) is One of the Best Energy Stocks. Here is Why.

A storage facility for natural gas, showing the vast reserves of this abundant energy source.

The strength of EQT Corporation (NYSE:EQT) lies in its low-cost structure, which allows it to generate consistent cash flow growth even when the natural gas prices are going down. The company is also set to benefit from the rising power demand due to the boom in artificial intelligence, as natural gas has emerged as the primary candidate to power its data centers. As a result, EQT has surged by almost 35% over the last year.

EQT Corporation (NYSE:EQT) beat profit estimates in the first quarter of 2025 and even raised its 2025 production guidance by 25 Bcfe while also lowering capital spending by $25 million, highlighting its efficient cost management and strong well performance. The company also remains financially healthy, generating over $1 billion in free cash flow during the quarter, nearly twice the consensus FCF estimates of the next closest natural gas producer. As a result, earlier this month, UBS analyst Josh Silverstein upgraded EQT’s outlook from Neutral to Buy while raising its price target from $54 to $64.

While we acknowledge the potential of EQT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EQT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.