Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>EQT AB is reportedly preparing another improved offer for Intertek Group Plc, after the UK testing, inspection, and certification company rejected earlier proposals of £51.50 and £54 per share.</li><li>Intertek closed recently at £47.66, giving it a market value of roughly £7.3 billion, meaning EQT’s prior offers already implied a notable premium.</li><li>The renewed pursuit suggests EQT sees more than a conventional buyout opportunity.</li></ul>

EQT AB is reportedly preparing another improved offer for Intertek Group Plc, after the UK testing, inspection, and certification company rejected earlier proposals of £51.50 and £54 per share.Intertek closed recently at £47.66, giving it a market value of roughly £7.3 billion, meaning EQT’s prior offers already implied a notable premium.The renewed pursuit suggests EQT sees more than a conventional buyout opportunity.

EQT Is Doubling Down On Intertek—Here’s Why It Matters!

<ul><li>The failed approach for Intertek may end up mattering more than a completed deal.</li><li>EQT disclosed an unsolicited proposal to acquire Intertek for £51.50 per share, valuing the company at roughly £7.93 billion, but Intertek’s board rejected the offer on the grounds that it materially undervalued the business and its future prospects.</li><li>That headline, on its own, sounds like a straightforward setback.</li></ul>

The failed approach for Intertek may end up mattering more than a completed deal.EQT disclosed an unsolicited proposal to acquire Intertek for £51.50 per share, valuing the company at roughly £7.93 billion, but Intertek’s board rejected the offer on the grounds that it materially undervalued the business and its future prospects.That headline, on its own, sounds like a straightforward setback.

EQT’s $8 Billion Bet Was Rejected—But The Real Opportunity Remains!

<ul><li>EQT Corporation's recent earnings report highlights various positive aspects and a few challenges as they reflect on the past year and provide guidance for the future.</li><li>In 2025, EQT's performance indicated operational excellence with consistent outperformance in production expectations.</li><li>Projects centered around compression outperformed, adding about 15% more base production than anticipated, underscoring the efficiency of its capital programs.</li></ul>

EQT Corporation's recent earnings report highlights various positive aspects and a few challenges as they reflect on the past year and provide guidance for the future.In 2025, EQT's performance indicated operational excellence with consistent outperformance in production expectations.Projects centered around compression outperformed, adding about 15% more base production than anticipated, underscoring the efficiency of its capital programs.

Is EQT Corporation Prepared For Tightening Natural Gas Transport?

<ul><li>The third-quarter earnings release for EQT Corporation highlights both operational advancements and strategic decisions that continue to shape its financial performance.</li><li>The company reported a robust $484 million in free cash flow, despite facing $21 million in one-time costs associated with the Olympus transaction.</li><li>Over the past four quarters, EQT has generated over $2.3 billion in free cash flow at an average natural gas price of $3.25 per million Btu.</li></ul>

The third-quarter earnings release for EQT Corporation highlights both operational advancements and strategic decisions that continue to shape its financial performance.The company reported a robust $484 million in free cash flow, despite facing $21 million in one-time costs associated with the Olympus transaction.Over the past four quarters, EQT has generated over $2.3 billion in free cash flow at an average natural gas price of $3.25 per million Btu.

EQT Corporation: The Top 6 Influences on Its Performance for 2025 & the Future!

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>Replenishing oil reserves likely to set higher near-term oil price floor. </li><li>Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect crude oil demand to refill global oil inventories and strategic petroleum reserves will provide upward pressure on oil prices, resulting in a higher floor price than would otherwise be expected. </li><li>As Figure 1 highlights, the additional crude oil demand associated with replenishing global stockpiles could exceed 500 thousand barrels per day and continue at least throughout 2027. </li></ul>

Replenishing oil reserves likely to set higher near-term oil price floor. Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect crude oil demand to refill global oil inventories and strategic petroleum reserves will provide upward pressure on oil prices, resulting in a higher floor price than would otherwise be expected. As Figure 1 highlights, the additional crude oil demand associated with replenishing global stockpiles could exceed 500 thousand barrels per day and continue at least throughout 2027. 

Energy Roundup : Restocking Global Oil Storage Should Pressure Oil Prices...

United States

EQT Corporation is an integrated energy company with emphasis on Appalachian area natural-gas supply, transmission and distribution. The Company, through its subsidiaries, offer natural gas products to wholesale and retail customers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Eqt Corp (EQT US)

EQT Is Doubling Down On Intertek—Here’s Why It Matters!

EQT AB is reportedly preparing another improved offer for Intertek Group Plc, after the UK testing, inspection, and certification company rejected...

Baptista Research

EQT’s $8 Billion Bet Was Rejected—But The Real Opportunity Remains!

The failed approach for Intertek may end up mattering more than a completed deal. EQT disclosed an unsolicited proposal to acquire Intertek for...

Baptista Research

Is EQT Corporation Prepared For Tightening Natural Gas Transport?

EQT Corporation's recent earnings report highlights various positive aspects and a few challenges as they reflect on the past year and provide...

Baptista Research

EQT Corporation: The Top 6 Influences on Its Performance for 2025 & the Future!

The third-quarter earnings release for EQT Corporation highlights both operational advancements and strategic decisions that continue to shape its...

Baptista Research

Energy Roundup : Restocking Global Oil Storage Should Pressure Oil Prices...

Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect...

Water Tower Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)