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via finance.yahoo.comCapital Markets

EQT to acquire Range Resources in $13 billion deal, two top US natural gas producers to combine

FROM THE WIRE · FINANCE.YAHOO.COM

Natural gas heavyweight EQT said it will acquire Range Resources in a $13 bil. deal, challenging Expand Energy for the industry's top slot. Continue Reading

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralLarge M&A deal in U.S. natural gas that can move the energy sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EQT will acquire Range Resources in a $13 billion deal.
  2. 02The deal challenges Expand Energy for the industry's top slot.
  3. 03Both companies are among the largest U.S. natural gas producers.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EQT CorporationEQTStock53.78 USD+0.37%today -3.33%Positive Range Resources CorporationRRCStock52.76 USD+0.38%today +15.91%Negative Natural GasCOMMODITY:NATGASCommodity3.02 USD0.00%today -0.85%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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