EQT Declares Quarterly Dividend of $0.165 per Share

EQT Corporation (NYSE:EQT) is included among the 12 Most Undervalued Natural Gas Stocks to Buy Now.

EQT Declares Quarterly Dividend of $0.165 per Share

EQT Corporation (NYSE:EQT) is a premier, vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin.

On April 14, EQT Corporation (NYSE:EQT) declared a quarterly dividend of $0.165 per share. The dividend is payable on June 1 to all shareholders of record on May 6.

On April 14, EQT Corporation (NYSE:EQT)’s unlevered free cash flow breakeven of approximately $2/MMBtu is among the lowest in North America, enabling it to withstand the volatility in natural gas prices. Moreover, the company’s unique position at the heart of the Appalachian Basin and “Data Center Alley” gives it exposure to meet an estimated new gas demand of 10 Bcf/d from the AI-driven infrastructure build-outs through 2030.

As a result, EQT Corporation (NYSE:EQT) is projecting a cumulative free cash flow of over $16 billion over the next five years. Meanwhile, the company is targeting an adjusted EBITDA attributable to EQT of approximately $6.5 billion for FY 2026, while its free cash flow attributable to EQT is expected to be $3.5 billion.

EQT Corporation (NYSE:EQT) was also recently included in our list of the 15 Cash-Rich Dividend Stocks to Invest in Right Now.

While we acknowledge the risk and potential of EQT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EQT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 14 Best Energy Infrastructure Stocks to Buy Now and 15 Best Blue Chip Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey on Google News.