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FORT WORTH, Texas (AP) _ Range Resources Corp. (RRC) on Tuesday reported a loss of $456.8 million in its first quarter. The Fort Worth, Texas-based company said it had a loss of $1.86 per share.
Nicor Gas, a local distribution company (LDC), otherwise known as a natural gas utility company, is headquartered in Naperville, Illinois--a suburb of Chicago. Nicor Gas is the largest natural gas distribution company in Illinois, serving more than two million customers in a service territory that encompasses most of the northern third of Illinois, excluding the
One of the hottest of the hot sectors in which to invest (right now) is shale energy. That's according to multiple sources, including a veteran finance writer, investor, engineer, and researcher. In an article appearing on the OilPrice.com website, Alex Kimani talks up mid-cap energy stocks as outperforming the supermajors. Among two of Kimani's top
Last week Pennsylvania issued 15 new shale well permits (up one from the prior week), with Repsol taking five, and both Range Resources and Seneca Energy grabbing four each. All permits for each of the three were on a single pad. Ohio issued five new permits last week, with all five going to Ascent Resources.
According to RBN Energy, 2021 was the most profitable year in at least the last two decades for oil and gas producers (i.e. drillers). Oil and gas producers reported income two-thirds higher than the previous peak in 2014, when commodity prices were significantly higher. There's every indication that 2022 will be even better for the