Rice Energy

Industry

Energy

Status

Realized

Founded

2007

Investment Date

January 2014

Headquarters

Canonsburg, Pennsylvania

Executed By

Sallyport Investments

Rice Energy Inc. is an independent natural gas and oil company focused on the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. On November 13, 2017, Rice Energy was acquired by EQT Corporation for $6.7 billion. The transaction, which was first announced on June 19, 2017, makes EQT the top producer of natural gas in the United States.