EQT vs GPOR: Correlation
Measured on weekly returns over the past three years, EQT Corporation (EQT) and Gulfport Energy Corporation (GPOR) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EQT and GPOR?
On 3 years of weekly data the EQT/GPOR correlation comes out at 0.72, strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.72 over 3. The 5-year figure is 0.68, and annualized covariance runs at 799.8 %².
By 3-year correlation, GPOR places #5 of the 31 assets tracked against EQT. The trailing year gives EQT the advantage: +7.9% versus +2.1%, a 5.8-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EQT vs GPOR: side by side
| EQT (EQT Corporation) | GPOR (Gulfport Energy Corporation) | |
|---|---|---|
| 1-year return | +7.9% | +2.1% |
| 5-year return | +224.8% | +166.3% |
| Volatility (ann.) | 34.1% | 32.5% |
| Beta vs S&P 500 | 0.52 | 0.51 |
| Max drawdown (3Y) | -31.6% | -32.5% |
| Market cap | $34.3B | $3.1B |
| P/E (trailing) | 12.7 | 6.6 |
| Dividend yield | 1.19% | 0.00% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | EQT | GPOR |
|---|---|---|
| 2022 | +57.6% | +2.2% |
| 2023 | +16.2% | +80.9% |
| 2024 | +21.4% | +38.3% |
| 2025 | +17.6% | +12.9% |
| 2026 | +3.1% | -15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EQT and GPOR good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EQT and GPOR?
The EQT/GPOR correlation stands at 0.72 on a 3-year window (1 year: 0.68, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is GPOR a good diversifier for EQT?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 mean?
A reading of 0.72 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eqt-vs-gpor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eqt-vs-gpor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EQT correlations · GPOR correlations
