EQT Announces Transformative Acquisition of Equitrans Midstream

PITTSBURGH, March 11, 2024 /PRNewswire/ -- EQT Corporation ("EQT") (NYSE: EQT) and Equitrans Midstream Corporation ("Equitrans") (NYSE: ETRN) today announced that they have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion, that is well positioned to be a globally competitive American energy leader. The combined company will have a peer-leading cost of supply, durable free cash flow in all price environments, and significant synergy potential.