Deal insight

EQT acquires Appalachian-focused Rice Energy for US$8.1 billion

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Report summary

On 19 June 2017 EQT announced it would acquire Rice Energy for a total deal consideration of $8.1 billion including the assumption of $1.5 billion in debt. EQT will gain 187 000 net acres in the core of the southwest Marcellus adjacent to the company's existing leasehold plus an additional 65 000 net acres in the Lean Gas Core sub play in the Utica. The Marcellus acreage is a particularly good fit for EQT as it will allow them to increase their average lateral lengths to more ...

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    EQT acquires Appalachian-focused Rice Energy for US$8.1 billion

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Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 4 images and tables including:

Tables

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Oil & gas pricing and assumptions: Table 1

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