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EQT Corporation (NYSE:EQT) is one of the high-growth large-cap stocks to invest in now. On May 30, Moody’s Ratings upgraded EQT Corp (NYSE:EQT) outlook to positive from stable. With the upgrade, the rating firm also affirmed the company’s Baa3 senior unsecured notes rating and Baa3 senior unsecured shelf rating.

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The Baa3 senior unsecured rating underscores the scale of one of the country’s largest natural gas producers. It also affirms its advantageous cost structure and the benefits of vertical integration following the 2024 acquisition of Equitrans Midstream Corporation.

The positive outlook is also in response to the company’s rapid debt reduction following the 2024 acquisition of Equitrans Midstream Corporation. EQT Corp has reduced its debt by about $8 billion since the deal closed, through asset sales and the generation of significant free cash flow.

Consequently, the company is on track to meet its long-term debt target of $5 billion, driven by strong free cash flow. EQT Corp is also well poised to benefit from LNG offtake and tolling agreements, with exposure to advantageous international market pricing.

EQT Corporation (NYSE:EQT) is the largest natural gas producer in the United States. As a vertically integrated energy company operating primarily in the Appalachian Basin, its business spans the exploration, drilling, production, gathering, and transmission of natural gas, natural gas liquids, and crude oil.

While we acknowledge the potential of EQT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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