EQT Completes Acquisition of Equitrans Midstream
The merger of EQT and Equitrans creates America's only large-scale, vertically integrated natural gas business. The combined company is projected to have an unlevered NYMEX free cash flow breakeven1 price of approximately $2.00 per MMBtu, which is at the low end of the North American cost curve and ensures robust free cash flow generation through all parts of the commodity cycle. Rice continued, "We are wasting no time unleashing our integration team, which has a successful track record of rapidly integrati ...