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Monday, October 26, 2026Updated 23:19 UTC

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EQT Bets on Record U.S. Gas Demand With $50 Billion Range Takeover

Source: OilPrice.com · Oct 26, 2026 16:30 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

EQT Corp. (NYSE:EQT) will buy Range Resources (NYSE:RRC) in an all-stock deal valued at more than $50 billion, including debt. The combined company will produce more than 9 billion cubic feet equivalent a day of Appalachian gas, and the two companies call it the largest vertically integrated natural gas producer in the United States. Range shareholders will receive 0.987 EQT shares for each share

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