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April 26, 2024
Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its first quarter 2024 update earlier this week. Unlike other large Marcellus/Utica drillers, Range is holding its production flat (not decreasing). The company zags while everyone else zigs. During 1Q, Range produced 2.14
April 3, 2024
MDN is not a stock-picking service, but we spotted an interesting article appearing on the Seeking Alpha investor's website about where to invest now so that when the price of natural gas eventually rebounds (and with it, lifts the stock price of gas producers), investors can make money. The investor/writer, who is a nuclear power
February 23, 2024
Operator: Welcome to the Range Resources Fourth Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
February 23, 2024
There were 13 new permits issued to drill in the Marcellus/Utica during the week of Feb. 12 – 18, versus 19 permits issued the prior week. Pennsylvania issued 11 new permits last week. Ohio issued no new permits. West Virginia issued 2 new permits last week. Chesapeake Energy landed the most new permits, with 5
February 23, 2024
Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its fourth quarter and full-year 2023 update yesterday. The company previously released operational details for 4Q23 (see Range Releases 4Q Production & Pricing Numbers, Proved Reserves). During 4Q, Range produced 2.2 Bcfe/d (billion
February 22, 2024
Debt Reduction and Operational Efficiency Highlight 2023 Achievements
February 16, 2024
There were 19 new permits issued to drill in the Marcellus/Utica during the week of Feb. 5 - 11, versus 20 permits issued the prior week. Pennsylvania issued 13 new permits last week. Ohio issued 4 new permits. West Virginia issued 2 new permits last week. Range Resources scored the most new permits with 5
February 9, 2024
There were 20 new permits issued to drill in the Marcellus/Utica during the week of Jan. 29 - Feb. 4, versus 27 permits issued during the prior week. Pennsylvania issued 12 new permits last week. Ohio issued 6 new permits. West Virginia issued 2 new permits last week. We had a tie for the company
February 8, 2024
Two days ago, Range Resources, the very first company to sink a Marcellus shale well (back in 2004), issued fourth-quarter 2023 expectations for production and pricing along with details about the company's proved reserves. Range doesn't issue its official 4Q update until later this month (Feb. 21). The preliminary numbers show the company, when converting
February 2, 2024
There were 27 new permits issued to drill in the Marcellus/Utica during the week of Jan. 22 - 28, versus 20 permits issued during the prior week. Pennsylvania issued 19 new permits last week. Ohio issued 5 new permits. West Virginia issued 3 new permits last week. Olympus Energy scored the most new permits with