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Expectations play a big role in investing. The financial markets do a lot of anticipating and forecasting and guessing about where a company or entire sector is heading. Such is the game being played right now with expectations for Marcellus/Utica shale gas companies and their forthcoming third quarter financial updates. Given the high price of
Range Resources issued its third quarter financial update yesterday and is holding a conference call today to discuss 3Q results. We will cover Range's full quarterly update tomorrow (so we can grab excerpts from the conference call). In the meantime, the initial big news coming from Range is that the company is tripling its share
/PRNewswire/ -- The global shale gas market size is expected to grow by USD 18.13 billion, accelerating at a CAGR of 5.15% between 2021 and 2026, according to...
Just nine new permits to drill shale wells were issued across the three Marcellus/Utica states for Sept. 26 to Oct. 2. Pennsylvania turned in the second week in a row of very low new permits--just three issued, all of them to different companies in different counties. Ohio issued just four new permits, with two of
Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 30 new drilling permits, up from the 21 permits issued the week before. It was a reversal of what we typically see. Last week PA only issued four new permits, while WV issued 17 permits and OH issued