EQT Corporation to Merge with Range Resources in $50 Billion All-Stock Deal

EQT Corporation and Range Resources Corporation have announced a definitive agreement for EQT to acquire Range in an all-stock transaction. This merger is projected to establish America's leading natural gas company, boasting a pro forma enterprise value over $50 billion. The combination aims to integrate high-quality natural gas assets in North America, creating the largest vertically integrated producer with substantial inventory and a low-cost operational structure.