EQT CORP. (EQT)

Natural gas prices have experienced a significant rally in 2024, with a peak-to-trough gain of 133%, making it one of the top-performing commodities of the year. After a steep decline in late 2022, natural gas prices bottomed at $1.66 before surging past key resistance levels, with the next major resistance at $4.63 and a band between $5.22 and $5.43. This upward trend has translated into strong performance for EQT Corp. (EQT), which has gained momentum within the SIA Russell 1000 Index Report. Surpassing key resistance levels in December 2024, EQT now finds support at $42.94, and with a perfect SIA SMAX score of 10, it is positioned for potential near-term outperformance.

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