EQT Corp. (EQT) will acquire all of membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion

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EQT Announces Transformative Transaction with Alta Resources

May 6, 2021 6:29 AM EDT

PITTSBURGH, May 6, 2021 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that it has entered into a purchase agreement with Alta Resources Development, LLC (Alta), pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments. The transaction is expected to close in the third quarter of 2021, with an effective date of January 1, 2021.

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