Goldman Sachs: Maintains "Buy" rating for EQT Energy (EQT.US), Mountain Resources acquisition has strategic significance

According to Golden Ten Data, Goldman Sachs stated in its latest research report that despite a weak natural gas pricing environment in the Appalachian region, EQT Energy (EQT.US) continued to demonstrate strong free cash flow resilience in the third quarter of fiscal year 2026. Given the currently attractive risk-reward ratio, Goldman Sachs maintains its "Buy" rating on EQT Energy with a target price of $62. In addition, Goldman Sachs believes EQT's acquisition of Range Resources (RRC.US) is of strategic significance, and after the merger, it will create a natural gas giant with an enterprise value exceeding $50 billion.