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.
As an early entrant in the Marcellus, Range Resources has a big, blocky acreage position with plentiful undrilled low-cost acreage.
Range Resources has optimistic views about its own valuation, which could lead management to buy back stock at top-of-cycle price levels.
|
Metric
|
RRC
|
EQT
|
AR
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.24 | 13.59 | 16.95 |
Price/Book Value | 2.70 | 1.38 | 1.56 |
Price/Sales | 3.92 | 3.79 | 2.33 |
Price/Cash Flow | 8.59 | 5.55 | 6.73 |
|
Metric
|
RRC
|
EQT
|
AR
|
|---|---|---|---|
Quick Ratio | 0.48 | 0.54 | 0.28 |
Current Ratio | 0.74 | 0.67 | 0.40 |
Interest Coverage | 16.62 | 10.92 | 13.72 |
|
Metric
|
RRC
|
EQT
|
AR
|
|---|---|---|---|
Return on Assets (Normalized) | 12.29% | 6.32% | 6.56% |
Return on Equity (Normalized) | 20.15% | 10.96% | 11.82% |
Return on Invested Capital (Normalized) | 17.14% | 8.39% | 8.45% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ConocoPhillips
COP
| LOCK|JMJc?>>C | LOCK|<mlC | $178B | |||
| Canadian Natural Resources Ltd
CNQ
| LOCK|xb@ws^^ | LOCK|#xDP | $112B | |||
| EOG Resources Inc
EOG
| LOCK|@#H@^%b | LOCK|&&r>< | $85B | |||
| Occidental Petroleum Corp
OXY
| LOCK|dz> | LOCK|hyP | $63B | |||
| Diamondback Energy Inc
FANG
| LOCK|s^F<^j$f | LOCK|&?#@ | $57B | |||
| Devon Energy Corp
DVN
| LOCK|KTL#k#r | LOCK|%L># | $56B | |||
| EQT Corp
EQT
| LOCK|hQ#%^^^ | LOCK|vnB | $35B | |||
| Expand Energy Corp Ordinary Shares - New
EXE
| LOCK|VnX&T@ | LOCK|D@z | $22B | |||
| Ovintiv Inc
OVV
| LOCK|r%?!%ZM | LOCK|@t@ | $20B |
United States