EQT to Acquire Range Resources in US Natural Gas Mega-Deal
EQT announced an all-stock acquisition of Range Resources to create the nation's largest natural gas producer.
Natural gas producer EQT announced Monday that it will acquire Appalachian heavyweight Range Resources in an all-stock transaction. According to NGINaturalGas, the agreement positions EQT for a new era by creating the largest natural gas producer in the United States.
Acquisition Structure
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The transaction is structured as an all-stock deal, bringing together two major Appalachian basin producers to form a unified US natural gas giant.
Key facts
- EQT announced an all-stock deal to acquire Range Resources on Monday.
- The combined entity will become the largest natural gas producer in the United States.
- The transaction positions EQT for its next era of operations in the Appalachian region.
Source: naturalgasintel.com
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