EQT will acquire Range Resources in an all-stock deal valued at $13 billion. Range shareholders will own about 27% of the combined company, and EQT holders will own 73%. The deal should close in the first quarter of 2027.
The artificial intelligence and data center boon to energy demand in the Northeast and mid-Atlantic could boost local gas demand and improve margins as the cost of local delivery is far lower.
Natural gas has historically been an unprofitable product that is sold at a loss by oil and natural gas liquids producers in the Permian Basin. Stronger activity by these players drives US gas prices down.
|
Metric
|
EQT
|
RRC
|
EOG
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.59 | 15.24 | 11.97 |
Price/Book Value | 1.38 | 2.70 | 2.66 |
Price/Sales | 3.79 | 3.92 | 3.25 |
Price/Cash Flow | 5.55 | 8.59 | 6.61 |
|
Metric
|
EQT
|
RRC
|
EOG
|
|---|---|---|---|
Quick Ratio | 0.54 | 0.48 | 1.58 |
Current Ratio | 0.67 | 0.74 | 1.85 |
Interest Coverage | 10.92 | 16.62 | 32.77 |
|
Metric
|
EQT
|
RRC
|
EOG
|
|---|---|---|---|
Return on Assets (Normalized) | 6.32% | 12.29% | 14.43% |
Return on Equity (Normalized) | 10.96% | 20.15% | 24.51% |
Return on Invested Capital (Normalized) | 8.39% | 17.14% | 19.77% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ConocoPhillips
COP
| LOCK|k%sy@vQ? | LOCK|dq^FP | $178B | |||
| Canadian Natural Resources Ltd
CNQ
| LOCK|S!mt>TK | LOCK|?pS@ | $112B | |||
| EOG Resources Inc
EOG
| LOCK|xPpKxMD | LOCK|VDn?& | $85B | |||
| Occidental Petroleum Corp
OXY
| LOCK|?C | LOCK|dL | $63B | |||
| Diamondback Energy Inc
FANG
| LOCK|%T?H@w! | LOCK|@w%>& | $57B | |||
| Devon Energy Corp
DVN
| LOCK|>py#xNkP | LOCK|pq@?< | $56B | |||
| Expand Energy Corp Ordinary Shares - New
EXE
| LOCK|Fm&?X$< | LOCK|@W | $22B | |||
| Ovintiv Inc
OVV
| LOCK|#JtnKG% | LOCK|P# | $20B | |||
| Range Resources Corp
RRC
| LOCK|>#QP<h | LOCK|kB | $13B |
United States