EQT to Buy Range Resources in $13 Billion All-Stock Deal to Create U.S. Gas Giant
EQT Corp. has agreed to acquire Range Resources Corp. in an all-stock transaction valued at about $13 billion, a deal that would combine two of the most prominent natural gas producers in the Appalachian Basin. The merger underscores a renewed push for scale in U.S. energy as gas demand is increasingly tied to power-hungry data centers and broader electrification trends.
