EQT / TUG Hill

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Fraser921
Posts: 3103
Joined: Mon Mar 22, 2021 11:48 am

EQT / TUG Hill

Post by Fraser921 »

When will EQT get approval by the FTC to go ahead with the acquisiton?

Biden's FTC doesn't approve of any merger, they just shot down JBLU last Friday.

If it does get shot down, how will the market react to EQT?
dan_s
Posts: 34964
Joined: Fri Apr 23, 2010 8:22 am

Re: EQT / TUG Hill

Post by dan_s »

They hope to close the deal in Q4. If not, EQT is still the largest natural gas producer in North America.
Dan Steffens
Energy Prospectus Group
uberCOAT
Posts: 111
Joined: Tue Jun 15, 2021 6:00 am

Re: EQT / TUG Hill

Post by uberCOAT »

EQT has a debt-adjusted PV10 of $127 on last year’s gas prices and $65 using the forward strip...this was before any deal was announced. Where is the stock now? Looks like plenty of upside regardless.
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