Jim Cramer Calls EQT His “Favorite Oil and Gas Company”

EQT Corporation (NYSE:EQT) was among Jim Cramer’s latest stock calls, as he advised investors on how to manage data center-related stock positions. Cramer showed quite a lot of enthusiasm for the company, as he commented:

Earlier this week, we got results from my favorite oil and gas company, EQT, one of the largest natural gas producers in America, sitting on massive reserves in Appalachia, and the numbers were outstanding. These guys are making a kill thanks to the endless demand for electricity from, yes, you got it, data centers… A lot of people are way too down. They just don’t understand the greatness of what… [the] company is doing.

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EQT Corporation (NYSE:EQT) produces and transports natural gas and other hydrocarbons to industrial customers and utility providers, in addition to managing pipeline capacity and handling marketing and risk management operations. ClearBridge Investments stated the following regarding EQT Corporation (NYSE:EQT) in its Q1 2026 investor letter:

While we maintain a large overweight to energy, we have taken advantage of rising stock prices to exit two of our holdings, EQT Corporation (NYSE:EQT) and Enbridge. EQT always represented more of a tactical investment in an improving U.S. natural gas market, rather than a long-term investment in a franchise energy company. We made substantial profits in EQT over a four-year holding period and have decided to move on.

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.

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