• Range Resources' planned all-stock merger with EQT projects about $20 billion in combined free cash flow over five years at recent strip pricing.
• Annual synergies are expected to reach $325 million within two years, with a longer-term path to more than $600 million.
• The combined company's unlevered free cash flow breakeven is expected to fall below $2 per MMBtu.
• The transaction implies a combined enterprise value above $50 billion, with BBB-quality credit metrics expected at closing.
• Closing is expected in the first quarter of 2027, subject to regulatory and shareholder approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Range Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-431025), on October 26, 2026, and is solely responsible for the information contained therein.