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Cranberry Journal

Monday, October 26, 2026

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Markets
  • S&P 5007,676.77+0.70%
  • Nasdaq26,169.38+0.82%
  • Dow52,361.58+0.28%
  • 10-yr yield4.99%−0.04%
  • Crude$101.25−1.96%
At the close · Oct 26

EQT

Tagged stories

A tall drilling rig with a red-and-white mast stands on a levelled gravel pad at the foot of a wooded hill in autumn colours, seen across a field of ripe brown soybeans under a clear blue sky.
Business

EQT Is Paying a 21 Per Cent Premium for Range Resources, in Stock. By Our Arithmetic, the Premium Equals Almost Seven Years of the Promised Savings.

EQT agreed on 25 October to buy Range Resources in an all-stock deal, giving 0.987 EQT shares for each Range share. Range holders would own about 27 per cent of the combined natural gas producer, which the companies value at more than $50 billion including debt. Both sets of shareholders must vote, and the deal is not expected to close before the first quarter of 2027.

By Daniel Okafor  

An aerial view of a landfill, with a compactor driving across a broad layer of mixed household waste and bare earth beyond.
Business

EQT Agreed to Buy Cleanaway for A$3.095 a Share, a A$9.3 Billion Deal. Three Days Earlier, the Stock Fell 7.6 Per Cent and the ASX Asked Why.

Cleanaway Waste Management said on Monday 19 October, Sydney time, that it has signed a binding scheme implementation deed under which an EQT Infrastructure vehicle will buy all its shares for A$3.095 each in cash, implying an enterprise value of about A$9.3 billion. The board recommends the deal subject to an independent expert's report. Shareholders vote before the end of February 2027, and FIRB and ACCC clearance are still needed.

By Daniel Okafor