Close the acquisition of Tug Hill and XcL Midstream

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced: 26 Oct 2022
Due: 31 Dec 2022
Checked: 13 Oct 2026

Deadline
Met
Late
Not met
Today

What the company said

“The transaction is expected to close in the fourth quarter of 2022”

SourceEQT Corporation Form 8-K press release, 2022-10-26
FilingSEC filing index
Deadline as statedin the fourth quarter of 2022
Deadline used31 Dec 2022, the last day of the stated period
TypeTransaction
Permanent referenceKI-C-2022-EQT-009033
Cite as https://keptindex.org/c/KI-C-2022-EQT-009033/ — this address never changes.

What we found

Evidence strength A What the grades mean

The acquisition of Tug Hill and XcL Midstream remained pending well into 2023, missing the original Q4 2022 closing target.

A
EQT Corporation 10-Q filed 2023-04-27 Regulatory filing · published 27 Apr 2023 · retrieved 13 Oct 2026 · kept permanently by the SEC · fingerprint cda1cf9b9c6f
“transaction costs associated with the pending Tug Hill and XcL Midstream Acquisition.” ✓ confirmed on the page
A
EQT Corporation 10-Q filed 2023-07-26 Regulatory filing · published 26 Jul 2023 · retrieved 13 Oct 2026 · kept permanently by the SEC · fingerprint eb527ddd91ae
“transaction costs associated with the pending Tug Hill and XcL Midstream Acquisition in 2023” ✓ confirmed on the page

Market reaction: the shares moved +6.5% against the S&P 500 over the three sessions around the disclosure (26 Apr 2023 to 1 May 2023). What this measures

Checked 13 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

Deadline drift +273 days
2 versions

Version 1 · original · stated 26 Oct 2022

Deadline 31 Dec 2022 (“in the fourth quarter of 2022”) · wording expected
Version 2 · stated 25 Jul 2023

Deadline 30 Sep 2023 (“Q3 2023”) · wording expected

“Continuing to work cooperatively with the FTC on Tug Hill and XcL Midstream acquisition; closing expected in Q3 2023”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Acquisition close
Indicative materiality: High rules
Action: Close
Deliverable: Tug Hill and XcL Midstream acquisition
Language: Expected (“expects”, “plans”)
In the company’s control: Medium
Specificity: High
Conditional: Yes: subject to customary closing adjustments
Depends on: Counterparty, Regulatory

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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