EQT to Buy Marcellus Assets from Olympus Energy for $1.8 Billion ...Middle East

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EQT to Buy Marcellus Assets from Olympus Energy for $1.8 Billion
source : OILPRICE ( Middle East ) () 84
Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would bolster EQT’s inventory in the Marcellus and Utica shale gas regions.  The total consideration of $1.8 billion is composed of approximately 26 million shares of EQT common stock, representing $1.3 billion based on the 20-day volume-weighted average price as of April 21, 2025, and $500 million in cash, as adjusted pursuant to customary closing purchase price adjustments, EQT said in a press release.  …

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