Gas
EQT, Range Resources to merge in $50bn all-stock deal
CEII brief
Offshore Technology reported on 26 Oct 2026: EQT, Range Resources to merge in $50bn all-stock deal.
Read the full story on Offshore TechnologyEQT has agreed to acquire rival Appalachian Basin producer Range Resources in an all-stock transaction that would create a US natural gas entity with a pro forma enterprise value of more than $50bn.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Offshore Technology. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
