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Markets · Investing · Business
Finance
1 Relatively Unknown Energy Stock You Won't Want to Miss
The energy sector is hot this year, but EQT shares are in a rut. There are still some compelling traits to this natural gas company.
Oil equities are performing well this year, but it's a different scenario with natural gas stocks. That makes sense because natural gas is notoriously volatile.
Recently, natural gas prices retreated due to rising inventories and declining exports (the U.S. is the largest exporter), among other factors. So it's not surprising that some natural gas equities are struggling. Down 15.1% for the month ending June 18 and 25.7% below its 52-week high, EQT (NYSE: EQT) is part of that dubious group.
EQT is a battered natural gas stock, but its punishment may be too harsh. Image source: Getty Images.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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