Shares of energy companies rose amid deal activity.

EQT struck a roughly $5.5 billion deal to buy back its former unit Equitrans Midstream in a bid to create a big, vertically integrated natural-gas provider.

Shares of oil driller Hess rose amid optimism that Chevron would close an acquisition of the company despite opposition from Exxon Mobil.

A rout in natural-gas futures continued. Gas fell 2.1% to $1.77 a million British thermal units.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

03-11-24 1652ET