EQT to acquire Range Resources in an all‑stock deal valued at over $50 billion
EQT Corp. announced an all‑stock merger with Range Resources Corp., exchanging each Range share for 0.987 EQT shares. The transaction gives EQT shareholders about 73% of the combined company and Range shareholders about 27%, and is expected to close in the first quarter of 2027 pending regulatory and shareholder approvals. The companies project more than 9 billion cubic feet equivalent per day of net production, $325 million of annual synergies within two years and roughly $20 billion of cumulative free cash flow over five years.

