EQT's all-stock deal for Range Resources: what no cash changes hands really means
EQT and Range Resources agreed to combine on October 26, 2026 in a deal paid entirely in shares. Here is how that works, and what is still only a forecast.
On October 26, 2026, EQT Corporation and Range Resources Corporation announced a definitive merger agreement. According to the joint news release, which EQT filed with the SEC as an exhibit to a Form 8-K, EQT will acquire Range in an all-stock transaction. The two companies say the combined business would have a pro forma enterprise value of more than $50 billion.
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