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AI brief of an SEC Form 8-K · EQT (EQT)

EQT to acquire Range Resources in all-stock deal valued at over $50 billion enterprise value

Mixed Impact 5 of 5 m&a

EQT agreed to acquire Range Resources in an all-stock merger, with each Range share exchanged for 0.987 EQT shares and EQT holders owning about 73% of the combined company. The deal is subject to shareholder votes at both companies, regulatory approvals, and other closing conditions, with closing expected in the first quarter of 2027, so the transaction would reshape EQT's ownership and scale if completed.

Key points

  • Each Range common share converts into 0.987 EQT common shares; EQT holders expected to own about 73% and Range holders about 27%
  • Termination fees: Range would pay EQT $423 million and EQT would pay Range $1,148 million in certain circumstances
  • Expected to close in the first quarter of 2027; either party may terminate if not completed by October 25, 2027, extendable to April 25, 2028
  • Expected annual synergies of $325 million within two years; Range CEO Dennis Degner and one other Range designee to join EQT's board

The filing

CompanyEQT (EQT)
Form8-K, current report
Filed with the SECOct 26, 2026, 6:17 AM ET
Accession number0001213900-26-112242

Items reported: 1.01 Material Definitive Agreement7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.