EQT to Buy Range Resources in $50B Deal

EQT has agreed to acquire Range Resources in an all-stock transaction valued at over $50 billion. The combination creates a leading US natural gas producer expected to close in early 2027.

Xurve View
Insights:
FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. REUTERS/Angus Mordant/ File Photo

EQT CORP agreed on Monday morning to acquire RANGE RESOURCES CORP in an all-stock deal valued at $50 billion-plus, creating a top Natural Gas producer in the United States.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.