Deal Insight
EQT consolidates in the Marcellus with US$2.9 billion acquisition of Alta Resources
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
EQT continues its course of bringing additional consolidation to the Marcellus. Following its 2020 acquisition of Chevron's northeast US assets, it is now acquiring private operator, Alta Resources, for US$2.925 billion. Post-deal close, EQT will be producing 5.6 Bcfe/d, and will be the largest natural gas producer in the US by a wide margin. It will hold over two decades of economic undrilled inventory.
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 the following images and tables:
- Executive summary: Table 1
- EQT and Alta Marcellus wells
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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