EQT to Acquire Range Resources in All-Stock Deal Valued at Over $50 Billion
Filed with the SEC on · Summarized by InvestorsBot
EQT and Range Resources announced a definitive merger agreement on October 26, 2026, under which each Range share will be exchanged for 0.987 EQT shares; EQT shareholders are expected to own about 73% of the combined company and Range shareholders 27%. The transaction is expected to close in the first quarter of 2027, subject to shareholder and regulatory approvals, and is projected to create more than $325 million in annual synergies within two years, with combined production above 9 Bcfe per day and pro forma enterprise value exceeding $50 billion.