EQT To Acquire Range Resources In $50 Billion Deal

A major announcement Monday morning from both EQT Corporation and Range Resources. Officials say they have entered into a definitive merger agreement under which EQT will acquire Range Resources in an all-stock transaction with a value of more than $50 billion. In a news release, EQT President and CEO Toby Z. Rice stated, “This transaction brings together two of the highest-quality, longest-duration asset bases in North America and creates a company uniquely positioned for the next era of natural gas”. According to the release, terms of the agreement were approved by the Board of Directors of both companies. The transaction is expected to close during the first-quarter of 2027 and is subject to regulatory approvals. Officials say the combined company will keep its headquarters in Canonsburg.


