EQT Corporation (NYSE:EQT) is one of the most undervalued energy stocks to buy now. EQT Corporation (NYSE:EQT) received a rating update from Barclays on March 13, with the firm lifting the price target on the stock to $69 from $67 and reiterating an Overweight rating on the shares. The firm believes cash flow tailwinds are underappreciated for the exploration and production group, and raised 2026 oil price estimates on the conflict in Iran.
In another development, UBS cut the price target on EQT Corporation to $75 from $76 on March 5, maintaining a Buy rating on the shares. The firm told investors in a research note that energy is viewed as offering attractive risk/reward, with the higher price target showing a $10/bbl rise in 2026 oil price assumptions to $68 WTI and $72 Brent and a modest valuation multiple expansion due to geopolitical risk. It further stated that markets seem to be underpricing prolonged Middle East conflict and potential Qatar gas supply disruptions, which may result in a lift in oil and natural gas prices and drive the strongest free cash flow upside for companies producing both oil and gas.
EQT Corporation is a natural gas production company involved in the provision of supply, transmission, and distribution of natural gas.
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