Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price50.13 USD
Fair value45.01
Ethical score88.6/100
RatingSTRONG OPPORTUNITY
Our investment reviews on this name
2026-08-28Read Accumulation53.72-6.7% to today
2026-07-02Read Markdown53.75-6.7% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
EQT Corporation holds its Markdown at $50.13. Elevated stress, defensive posture warranted, held for 41 days.
As held on the ledger · 2026-09-21
Phase
Markdown · caution
Quantitative state
Elevated stress, defensive posture warranted, held for 41 days
Price at the screen
$50.13
Valuation
11.63 trailing · 12.74 forward price to earnings
Values screen
PASS· score 88.6
Beta
0.58
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
18.80%
Below 33%
Interest-bearing debt is just 18.8% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
8.69%
Below 33%
Cash held in interest-bearing accounts and securities is 8.7% of assets, under the one-third limit.
Pass
Receivables
3.75%
Below 49%
Money owed to the company is 3.8% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads STRONG OPPORTUNITY: it trades above our $45.01 fair value estimate, moderate competitive moat.
Fair value range in USD, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. The price runs 10.2% above the base estimate.
Third-party analyst targets: 25 covering, consensus Strong Buy. The average target sits +34% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Gas producer showing momentum near fair value
Picture an Appalachian wellhead humming away while prices swing like a pendulum. EQT sits right in that flow, selling natural gas and liquids into a market that still needs the molecule. The business is posting 50% revenue growth, 35% profit margins and a moderate moat, all at a forward multiple of 11.9 times. That combination explains the strong opportunity tag and the narrow 4% margin above our $51.66 fair value.
Numbers like these stand out because the company clears our ethical screen and shows real cash generation rather than just hoped-for reserves. ROE at 13% is decent for the sector, and the analyst crowd leans buy with a median target well above the current $49.56 price. The setup looks attractive on paper.
Yet this remains a classic cyclical business where low multiples often signal peak earnings rather than a bargain. Energy prices can drop fast, and any volume or cost miss would compress those margins quickly. The modest safety cushion leaves little room for disappointment. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
EQT trades on a US exchange. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 8.4% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading neutral. Over the past year the shares are down 0%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (25 analysts) rates it strong buy, with a mean price target of $68.
2026-07-27Markdown$49.56-7.8%Entry 4
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 7.8% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading neutral. Over the past year the shares are down 0%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (24 analysts) rates it buy, with a mean price target of $69.
2026-07-18Markdown$53.75+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading neutral. Over the past year the shares are down 0%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (24 analysts) rates it buy, with a mean price target of $69.
2026-07-03Markdown$53.75+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markdown$53.75Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
