EQT’s $5.2B deal marks 2022’s largest shale M&A and makes Quantum a big shareholder

EQT Corp.’s (NYSE: EQT) planned $5.2 billion acquisition of Tug Hill and XcL Midstream represents the largest shale M&A deal announced so far in 2022 and will make Houston-based Quantum Energy Partners either the largest or second-largest shareholder of the Pittsburgh-based natural gas producer.

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