{
  "title": "EQT acquires Range Resources: all-stock deal and what it means",
  "url": "https://acquisitions.com/blog/eqt-acquires-range-resources/",
  "author": "Moran Pober",
  "publisher": "Acquisitions.com",
  "published": "2026-10-27",
  "updated": "2026-10-27",
  "section": "Deal reports",
  "keyword": "EQT acquires Range Resources",
  "short_answer": "EQT agreed to buy Range Resources in an all-stock deal announced on 26 October 2026. Range shareholders get 0.987 EQT shares for each Range share and will own about 27% of the combined company, which EQT puts at over $50 billion in enterprise value. Closing is expected in the first quarter of 2027.",
  "facts": {
    "Buyer": "EQT Corporation (NYSE: EQT)",
    "Target": "Range Resources Corporation (NYSE: RRC)",
    "Sector": "Energy — natural gas and NGL production in the Appalachian Basin",
    "Location": "EQT: Canonsburg, Pennsylvania (the combined company's headquarters). Range: Fort Worth, Texas",
    "Price": "No cash price. 0.987 EQT shares for each Range share; premium not disclosed",
    "Structure": "All-stock merger; EQT holders about 73%, Range holders about 27% of the combined company; needs both shareholder votes and regulatory approvals",
    "Combined size": "Pro forma enterprise value over $50 billion; more than 9 Bcfe/d of net production; nearly 3 million net acres (per release)",
    "Announced": "26 October 2026",
    "Source": "EQT press release, also filed as Exhibit 99.1 to an EQT Form 8-K"
  },
  "sources": [
    "https://ir.eqt.com/investor-relations/news/news-release-details/2026/EQT-Announces-Strategic-Acquisition-of-Range-Resources-Creating-Americas-Undisputed-Natural-Gas-Champion/default.aspx",
    "https://www.sec.gov/Archives/edgar/data/0000033213/000121390026112242/ea030960101ex99-1.htm"
  ],
  "license": "Facts may be quoted with attribution to Acquisitions.com and a link to the url above."
}