EQT to Create a $35-Billion Integrated Natural Gas Company Via Acquisition

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

EQT Corporation has entered into a merger agreement to buy Midstream Corporation, an agreement that will create a company with a value exceeding $35 billion.

EQT Corporation has entered into a merger agreement to buy Equitrans Midstream Corporation and create an integrated U.S. natural gas company with an initial enterprise value exceeding $35 billion, the top American natural gas producer said on Monday. In the latest merger deal in the U.S.

The transaction is set to create “America's first large-scale, integrated natural gas producer with an unrivaled low-cost structure that provides investors with the best risk-adjusted exposure to natural gas prices,” EQT said. The new company will ensure connectivity in EQT's core area of operations, it added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sister's question inspired friends to create business empireThe Coffee Carriage has become incredibly popular with locals and commuters
Source: EchoWhatsOn - 🏆 74. / 59 Read more »