Billionaire Steve Cohen’s Top 15 Stock Picks

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14. EQT Corporation (NYSE:EQT)

Number of Hedge Fund Holders: 48    

Point72 Asset Management’s Stake: $179.4 million    

EQT Corporation (NYSE:EQT) operates as a natural gas production company in the United States. These qualities position the company as a top investment choice. Firstly, as per the report of the third quarter of 2024, the sales volume was 581 Bcfe, above the high-end of guidance, driven by continued operational efficiency gains and strong good performance, despite approximately 35 Bcfe of total net curtailments. Secondly, EQT Corporation entered into a definitive agreement with funds managed by Blackstone Credit & Insurance to form a new midstream joint venture, consisting of EQT’s ownership interest in high-quality contracted infrastructure assets.

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