Natural Gas Prices Plunge, Dragging Down Second-Quarter Profits for Independent Producers
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August 9, 2023–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–Natural gas prices plummeted in the second quarter, dragging down the financial performance of four large U.S. independent gas-oriented drillers: EQT Corporation (NYSE:EQT) (Pittsburgh, Pennsylvania), Range Resources Corporation (NYSE:RRC) (Fort Worth, Texas), Coterra Energy Incorporated (NYSE:CTRA) (Houston, Texas) and Antero Resources Corporation (NYSE:AR) (Denver, Colorado).