EQT Corp. (EQT), Equitrans Midstream (ETRN) to merge

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Go back to EQT Corp. (EQT), Equitrans Midstream (ETRN) to merge

EQT Announces Transformative Acquisition of Equitrans Midstream

March 11, 2024 6:30 AM EDT

Creates America's only large-scale, vertically integrated natural gas company prepared to compete on the global stageAll stock transaction with combined company enterprise value over $35 billionProvides >2,000 miles of critical pipeline infrastructure with extensive overlap with EQT's core upstream operations and existing midstream assets Reduces EQT's long-term corporate free cash flow breakeven(1) to less than $2 per MMBtu, ensuring robust free cash flow generation through all parts of the commodity cycleCost structure integration materially improves economics of EQT's remaining ~4,000 drilling locations, unlocking industry leading terminal... More