US gas producer EQT to acquire pipeline operator Equitrans in all-stock deal
EQT will acquire midstream operator Equitrans in a deal the Appalachian gas producer heralded as creating a first-of-its-kind, fully integrated natural gas business. The deal, announced March 11, involves 940 miles of Federal Energy Regulatory Commission-regulated interstate transmission pipelines, another 1,220 miles of gathering lines, and rejoins EQT to the midstream enterprise it spun off back in 2018. CEO Toby… EQT will acquire midstream operator Equitrans in a deal the Appalachian gas producer heralded as creating a first-of-its-kind, fully integrated natural gas business. The deal, announced March 11, involves 940 miles of Federal Energy Regulatory Commission-regulated interstate transmission pipelines, another 1,220 miles of gathering lines, and rejoins EQT to the midstream enterprise it spun off back in 2018. CEO Toby… Read More
