In his interview with TWST, portfolio manager Craig Stone recommends the energy resource company EQT Corporation (EQT). Here’s why:
Mr. Stone: EQT is a fully integrated energy company, focusing on the Appalachian natural gas region. We like EQT because this is Appalachian’s largest exploration and production company and they own about 3.4 million acres of low-risk resource plays in multiple zones. All the acreage is held by the company with no expiring leases. EQT has one of the lowest cost structures in the industry. The company’s three-year F&D costs (finding and development costs) are some of the lowest in the industry at below $1 per Mcfe (million cubic feet per equivalent) and the company is also a technological leader in air drilling, which over time has helped the company to further lower total operating expenses.
For the complete Investing Strategies report, including a full interview with Mr. Stone, his associate Jon Christensen and a series of full interviews with other portfolio managers, click here.
EQT Midstream Partners LP (EQM) Positioned to Continue Strong Growth
February 17, 2015
EQT Midstream Partners LP (EQM) Positioned to Be a Meaningful Grower
March 31, 2015
Chevron Corporation (NYSE:CVX) a Top Pick Among Oil & Gas Majors
May 19, 2017
Top Pick in Alternative Beverages
September 20, 2007
Banking Pick Despite Doom and Gloom
October 25, 2007