Is EQT Corp. (EQT) the Best Natural Gas Stock to Buy Right Now?

EQT Corporation (NYSE:EQT) is included among the 10 Best Natural Gas Stocks to Buy Right Now.

EQT Price Target Lowered to $62, 'Buy' Rating Maintained

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

On December 19, 2025, Citi slightly lowered its price target on EQT Corporation (NYSE:EQT) from $63 to $62, but maintained its ‘Buy’ rating on the shares. The revised target came amid a correction in natural gas prices, driven by forecasts of above-normal temperatures and lower-than-expected heating demand. US natural gas futures have fallen by 34% since reaching their 3-year high in early December.

EQT Corporation (NYSE:EQT) also came under pressure recently after the company forecasted total sales volume of 550 billion-600 billion cfe for Q4 2025, below the volume of 634 billion cfe reported in the third quarter. The company’s Q4 guidance reflected 15-20 Bcfe of strategic curtailments in October.

That said, EQT Corporation (NYSE:EQT) remains optimistic in 2026 and expects the rapid expansion of America’s LNG infrastructure to provide support to natural gas prices. Moreover, the company is well-positioned to withstand volatility in natural gas prices, given its breakeven price is among the lowest in North America. As a result of its low-cost, integrated business model, EQT expects to generate between $10 billion and over $25 billion in cumulative free cash flow through 2029 at an average gas price of $2.75 to $5 per MMBtu.

While we acknowledge the potential of EQT as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.