M&A · Energy · Buyer's industry: Crude Petroleum & Natural Gas
EQT Corp to acquire Tug Hill and XcL Midstream
Announced Aug 22, 2023 · Closed Aug 22, 2023 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- EQT Corp (EQT)
- Target
- Tug Hill and XcL Midstream
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Aug 22, 2023
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Energy
- Buyer's industry
- Crude Petroleum & Natural Gas