Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Tony Daltorio

1 Natgas Stock to Scoop Up as the 'AI Effect' Sends Energy Demand Skyward

There were $250 billion worth of deals in the U.S. oil and gas industry in 2023, and the trend doesn't seem to be slowing down in 2024.

The latest deal occurred in the natural gas sector on March 11, when soon-to-be No. 2 U.S. natural gas producer EQT Corporation (EQT) said it agreed to buy Equitrans Midstream (ETRN) in an all-stock deal that values its former pipeline unit at about $14 billion, including debt. Each share of Equitrans common stock will be exchanged for 0.3504 share of EQT.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.