EQT stock slips as U.S. natural gas price drops 6% in midday trade
EQT Corp shares fell 2.4% to $50.96 as U.S. natural gas futures dropped 6.1% to $3.198/mmBtu. Underground gas storage declined by 119 bcf last week but remained 31 bcf above the five-year average. Traders are watching the Jan. 15 EIA storage report and Feb. 17 EQT earnings for further direction.