---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-081501"
form_type: "8-K"
ticker: "EQT"
cik: "0000033213"
company_name: "EQT Corp"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:38:49.018771+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# EQT completes acquisition of Equitrans Midstream; projects $425M+ annual synergies

## Summary
- Acquisition closed July 22, 2024; Equitrans shareholders received 0.3504 EQT shares per share.
- EQT identified more than $425 million of annual synergies from the combination.
- Unlevered NYMEX free cash flow breakeven price projected at ~$2.00/MMBtu, low end of cost curve.
- EQT borrowed $1.65B under prior credit agreement to fund Equitrans preferred share redemption and debt repayment.
- Revolving credit facility increased to $3.5B (from $2.5B) and extended maturity to July 2029.

## SEC filing metadata
- accession: 0001104659-24-081501
- form_type: 8-K
- ticker: EQT
- cik: 0000033213
- company_name: EQT Corp
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33213/000110465924081501/0001104659-24-081501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33213/000110465924081501/tm2419871d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-081501
- JSON: https://secwatch.observer/filing/0001104659-24-081501.json
- Plain text: https://secwatch.observer/filing/0001104659-24-081501.txt

## Key facts
- Executive change
  Thomas F. Karam was appointed as Director at EQT Corp.
  - Action: appointed
  - Role: Director
  source text: the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000110465924081501/0001104659-24-081501-index.htm
- Executive change
  Vicky A. Bailey was appointed as Director at EQT Corp.
  - Action: appointed
  - Role: Director
  source text: the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000110465924081501/0001104659-24-081501-index.htm
- Executive change
  Robert F. Vagt was appointed as Director at EQT Corp.
  - Action: appointed
  - Role: Director
  source text: the board of directors of EQT (the “Board”) increased the size of the Board by three members and appointed Vicky A. Bailey, Thomas F. Karam and Robert F. Vagt (collectively, the “Equitrans Designees”), each of whom was a member of the board of directors of Equitrans prior to the Effective Time, to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000110465924081501/0001104659-24-081501-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.