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Will EQT buy Equitrans Midstream?

Top U.S. natural gas producer EQT Corp on Monday said it agreed to buy Equitrans Midstream in an all-stock deal that values its former pipeline unit at about $14 billion including debt, as companies look to navigate decade-low prices for the commodity.

Where is Equitrans Midstream Corp headquartered?

The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA. ETRN | Complete Equitrans Midstream Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Why are EQT shares trading lower Monday?

EQT Corporation (EQT) shares are trading lower Monday after the company announced an all-stock deal to acquire Equitrans Midstream (ETRN). Through this vertical integration move, EQT aims to expand its presence in the natural gas sector, strengthening its ability to supply to various regions across the country.

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