RRC — Range Resources Corporation Common Stock
Session close: $53.56. Regular-session share volume: 24,509,956. Change from previous close: +17.66%.
Key developments
Range Resources agreed to be acquired by EQT in an all-stock combination, with Range shareholders receiving EQT shares and retaining a minority stake in the combined company. Session reporting linked Range’s rally to the announcement. The companies expect the expanded natural gas production, inventory and midstream footprint to support cost savings and higher free cash flow; these remain projected benefits.
Range Resources, Xtend AI Robotics, Oruka Therapeutics And Other Big Stocks Moving Higher On Monday · EQT, Range Resources Mega-Merger Set to Create US Gas Juggernaut · EQT Corporation Announces Definitive Agreement to Acquire Range Resources Corporation
Completion remains subject to regulatory and shareholder approvals, and separate commentary highlighted the difficulty of the combined business’s producing region. The supplied coverage is intraday rather than a closing-session assessment. The companies also canceled their previously scheduled earnings calls while retaining plans to release quarterly results.
EQT Deal is a Risky Bet on Data Center and LNG Growth · EQT, Range Resources Mega-Merger Set to Create US Gas Juggernaut · EQT Corporation Announces Definitive Agreement to Acquire Range Resources Corporation
News sources
Company news Range Resources (RRC) After The EQT Deal Is The Stock Fully Valued · Company news EQT to Acquire Range Resources in All-Stock Deal to Create Largest US Natural Gas Producer · Company news Range Resources, Xtend AI Robotics, Oruka Therapeutics And Other Big Stocks Moving Higher On Monday · Company news EQT, Range Resources Mega-Merger Set to Create US Gas Juggernaut · Company news EQT Corporation Announces Definitive Agreement to Acquire Range Resources Corporation · Company news EQT Corporation To Acquire Range Resources In All-Stock Deal Valuing One RRC Share At 0.987 EQT Share With Pro Forma EV Of $50B+