EQT (EQT) Sets A Record Well Length, Is It Still A Bargain?

EQT (EQT) recently completed a record-setting lateral well in the Appalachian Basin, an operational milestone that management believes could improve natural gas recovery rates and support experiments with secondary and tertiary recovery techniques. For context, EQT’s share price has softened in recent months, with a 30 day share price return of 7.26% and a 90 day share price return of 3.59%, while the 1 year total shareholder return is 4.9% lower. However, longer term holders still see a...