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The largest natural gas producer in the U.S. said the Federal Trade Commission is asking for more information and documentary materials in connection with a $5.2 billion acquisition the company announced in September.
EQT Corp. said the U.S. antitrust regulator asked for additional information and documentary materials in connection with a $5.2 billion acquisition announced in September, a move that raises questions on the largest U.S. natural gas producer’s ability to keep its acquisition spree.
EQT Corporation has an incredibly strong portfolio of natural gas assets. Read why we expect EQT to be able to generate double-digit shareholder returns.
EQT saw its ability to turn wells to sales hindered by takeaway capacity resulting in a Q3 production miss, which it hopes to rectify with a $5.2 billion deal for Tug Hill and Xcl Midstream.
/PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter 2022. Third Quarter 2022 and Recent...