EQT to acquire assets from Olympus Energy for $1.8B, including stock and cash

From Yahoo Finance: 2025-04-23 16:45:00

EQT Corporation has agreed to acquire upstream and midstream assets of Olympus Energy for $1.8B. The deal includes 26M shares of EQT common stock worth $1.3B and $500M in cash. The assets consist of 90,000 net acres in Southwest Pennsylvania with 500 MMcf/d in net production. The transaction is expected to close in early Q3 pending regulatory approval. Financial advisors include Moelis & Company and Jefferies.



Read more at Yahoo Finance: EQT announces accretive acquisition of certain assets from Olympus Energy