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EQT to acquire Range Resources in $50 billion deal to create largest US natural gas producer

🇺🇸 United States · Economy · Pennsylvania · 4 h ago
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26.10 09:35 UTC
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Confirmed facts

Each fact is a sentence from a source that at least two independent outlets report.

The merger creates America’s largest natural gas producer, with a combined value of $50 billion.
Independent sources: 3 · Patch.com, NewsNation247, Fort Worth Inc.
The merged business would produce more than 9 billion cubic feet equivalent daily in Appalachia, and EQT expects $325 million in annual savings within two years.
Independent sources: 2 · Digg, Fort Worth Inc.
Two Top U.S. Natural Gas Producers To Combine In $13 Billion Deal
Independent sources: 2 · Investor Business Daily, Patch.com
The transaction is expected to close during the first quarter of 2027, subject to regulatory approvals and clearances, EQT and Range shareholder approval and other typical closing conditions.
Independent sources: 2 · Patch.com, StocksToTrade
Two representatives, including Range CEO Dennis Degner, will join EQT's board.
Independent sources: 2 · Patch.com, Fort Worth Inc.
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