EQT Corporation vs SLB LIMITED/NV, two Oil & Gas stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
EQT runs 0.23 turns of debt as a low-cost gas producer; SLB carries 0.35 as the world's largest oilfield-services firm, both conservative sheets funding opposite ends of the chain. EQT earns a 60.3% operating margin extracting Appalachian gas cheaply; SLB nets 9.3% of revenue selling the technology to drill. EQT trades at 10 times earnings against SLB's 20.7, the producer cheap on gas-price exposure, the service company dearer on drilling-cycle optimism. SLB pays a 1.8% dividend, EQT 1.2%; EQT yields more free cash, 12.2% against 6.6%. The pair prices a gas producer against the premier service provider; EQT owns the low-cost molecules and trades cheap, SLB sells the drilling technology at double the multiple.
Comparison updated 2026-07-11.
| Metric | EQT | SLB |
|---|---|---|
| Price | $52.70 | $46.95 |
| Market cap | $33.2B | $71.1B |
| Sector | Oil & Gas | Oil & Gas |
| Stage | Cyclical | Cyclical |
| Implied growth (priced in) | — | +7.3% |
| P/E | 10.0 | 20.7 |
| P/B | 1.15 | 2.60 |
| P/S | 3.22 | 1.98 |
| EV/EBITDA | 5.3 | 29.0 |
| Revenue growth | +90.6% | -0.3% |
| Operating margin | 60.3% | — |
| Net margin | 31.9% | 9.3% |
| Return on equity | 11.4% | 12.2% |
| Return on assets | 7.9% | 6.1% |
| Return on invested capital | 10.6% | — |
| FCF yield | 12.2% | 6.6% |
| Dividend yield | 1.2% | 1.8% |
| Debt / equity | 0.23 | 0.35 |
| Current ratio | 0.66 | 1.34 |
| Altman Z (solvency) | 2.11 | 2.81 |
| Piotroski F (quality) | 7 / 9 | 5 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.