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[BUSINESS] · United States · 9 sources

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Part of situation: EQT corporate acquisition activities (2 clusters)

EQT to acquire Range Resources in $13 billion merger

EQT Corporation Range Resources natural gas merger Appalachian Basin energy industry

EQT Corporation has announced a definitive agreement to acquire Range Resources Corporation in an all-stock transaction valued at approximately $13 billion. The merger, which is expected to close in the first quarter of 2027 subject to regulatory and shareholder approval, will create the largest natural gas producer in the United States, with a pro forma enterprise value exceeding $50 billion.

The combined entity will focus its operations primarily in the Appalachian Basin, specifically the Marcellus Shale. The merger is expected to result in a net production of over 9 billion cubic feet of natural gas equivalent per day, supported by nearly 3 million net acres and 3,700 miles of midstream infrastructure. The companies anticipate approximately $325 million in annual cost savings.

Industry analysts and executives suggest the deal is positioned to capitalize on surging natural gas demand driven by liquefied natural gas (LNG) exports to Europe and Asia, as well as the increasing power requirements of artificial intelligence (AI) data centers. Under the terms of the deal, Range Resources shareholders will receive 0.987 shares of EQT stock for each share held. EQT shareholders will own approximately 73% of the combined company, while Range shareholders will hold 27%.

Entities

Appalachian Basin · Dennis Degner · Dennis L. Degner · EQT Corporation · Range Resources Corporation · Toby Rice · Toby Z. Rice

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

EQT becomes the nation’s leading natural gas ‘juggernaut’ with a $13B deal as data center, export demand surges [fortune.com]
EQT and Range Resources announce $50 billion merger [ceo-na.com]
ΗΠΑ: Η EQT εξαγοράζει τη Range Resources και αλλάζει τον χάρτη αερίου [www.sbctv.gr]
Why Range Resources Stock Surged Today | The Motley Fool [www.fool.com]
EQT to buy Range Resources in $13B deal to create top gas producer [www.bicmagazine.com]
Nos EUA, um M&A de US$ 50 bi para a “nova era” do mercado de gás [braziljournal.com]
Two Fracking Giants Lock Arms To Become America’s Biggest Gas Producer | [dailycallernewsfoundation.org]
Powstanie nowy gigant gazowy. Fuzja za 50 mld dolarów ma dać potężne oszczędności [www.wnp.pl]
Two Fracking Giants Lock Arms To Become America’s Biggest Gas Producer [dailycaller.com]