Geopolitics Alpha

EQT acquires Range Resources in blockbuster merger

Published . Updated .

GEOPOLITICS ALPHAEQT acquires Range Resources inblockbuster mergerEQTRRCGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • EQT Eqt+4.5% 19d

    Named in this report.

  • RRC Range Resources+20.4% 30d

    Named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR+7.4% 30d

    Energy Select Sector SPDR holds the energy sector that Eqt belongs to, so it often moves with news about it.

  • CNQ Canadian Natural Resources+2.1% 30d

    Canadian Natural Resources is a peer of Eqt in crude petroleum and natural gas; rivals often move on the same news.

  • E Eni S.p.A+3.8% 11d

    Eni S.p.A is a peer of Eqt in crude petroleum and natural gas; rivals often move on the same news.

  • EOG EOG Resources+9.8% 12d

    EOG Resources is a peer of Eqt in crude petroleum and natural gas; rivals often move on the same news.

  • OXY Occidental Petroleum+3.8% 18d

    Occidental Petroleum is a peer of Eqt in crude petroleum and natural gas; rivals often move on the same news.

  • FANG Diamondback Energy+0.1% 30d

    Diamondback Energy is a peer of Eqt in crude petroleum and natural gas; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EQT-0.02%-0.35%baseafter closeafter closeafter closeafter close
RRC-18.56%-18.13%baseafter closeafter closeafter closeafter close
XLENo price data for this ticker———————
CNQNo price data for this ticker———————
ENo price data for this ticker———————
EOGNo price data for this ticker———————
OXYNo price data for this ticker———————
FANGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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EQT acquires Range Resources in blockbuster merger Observer-Reporter

Source: Observer-Reporter

This story

CompanyWhenMoveStatus
EQTthree days earlier-0.35%final price
EQTfive days earlier-0.02%final price
RRCthree days earlier-18.13%final price
RRCfive days earlier-18.56%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “EQT acquires Range Resources in blockbuster merger” looks

12 out of 100

“EQT acquires Range Resources in blockbuster merger” scores 12 out of 100. The score uses 1 sources.