EQT Corp (EQT) has disclosed a new risk, in the Costs category.
EQT Corp faces a significant business risk due to the aging infrastructure of its transmission and storage systems, which have been operational for several decades. The deteriorating condition of these systems may lead to unforeseen adverse events or necessitate increased maintenance and repair efforts, resulting in substantial downtime and associated costs. This scenario poses a potential threat to the company’s business operations, financial stability, and liquidity, as escalating expenses and lost revenue could have a material adverse impact. Additionally, compliance with stringent safety regulations and integrity management programs may further exacerbate financial liabilities.
The average EQT stock price target is $42.21, implying 15.52% upside potential.
To learn more about EQT Corp’s risk factors, click here.