EQT · EQT Corp · Documents

EQT Corporation entered the Range Merger on October 25, 2026, with each Range share convertible into 0.987 EQT shares. Nine-month net income was approximately $1,977 million, or $3.14 per diluted share, versus approximately $1,362 million, or $2.23 per diluted share.

EQT Corporation reported third quarter 2026 sales volume of 583 Bcfe, $1,083 million operating cash flow and $283 million free cash flow attributable to EQT; it announced a Range Resources Corporation acquisition and increased its annualized dividend to $0.68 per share.

EQT Corporation agreed to acquire Range Resources Corporation through a two-step merger, with Range shareholders receiving 0.987 EQT shares per Range share and owning approximately 27% of the combined company on a fully diluted basis.

EQT expects to report a $100 million derivatives gain and $70 million net cash settlements for the three months ended September 30, 2026, including $68 million from NYMEX natural gas hedges and $2 million from basis and liquids hedges, with no premiums paid or received.

EQT Corporation established a commercial paper program on October 7, 2026, allowing short-term unsecured notes with outstanding principal capped at $3.5 billion, unless increased under the dealer agreements, and maturities not exceeding 397 days. No Notes have been issued.