Cabot Oil & Gas: A 2016 'Story'
Southwestern Energy reported third-quarter results on Oct. 23, led by production that came in just ahead of our forecast at 2,130 MMcfe/d, a 14% increase over last year's period. Despite robust growth–led by a 47% uptick in Marcellus volumes–margins were negatively affected by lower realized gas ...
By Achilles Research : Chesapeake Energy (NYSE: CHK ) has seen some real action lately -- both in terms of share price as well as in terms of asset divestments. If you looked at Chesapeake Energy's share price chart, you'd probably freak out: Shares are down 20% year-to-date, 26% since the end of
By Lior Cohen : Chesapeake Energy (NYSE: CHK ) announced the sale of assets in West Virginia to Southwestern Energy (NYSE: SWN ) for $5.375 billion. The market's reaction was very favorable for this move as shares of Chesapeake Energy spiked 17
been selling some of its assets to get a better mix of production. The assets have been sold to the Southwestern Energy Company (NYSE: SWN ) for $5.375 billion, and the deal will be closed during the fourth quarter of the current year
an agreement to sell 413,000 net acres in Southern Pennsylvania and Northern West Virginia to Southwestern Energy (NYSE: SWN ) for $5.375 billion. At the end of 2013, the position had 221 million BOE of proven reserves. During September, the acreage
Southwestern Energy ( SWN -10.6% ) appears to be paying a steep price to buy $5.375B in ..... assets from Chesapeake Energy ( CHK +16.7% ); SunTrust estimates SWN paid $9,625/acre for the land, when previous deals in West Virginia
CHK +9% . CMRX +6% . NBG +6% . NETE +5% . Losers: NFLX -26% . EXTR -21% . ESPR -14% . BHI -10% . [[PBR-A]] -8% . SWN -8% . SD -7% . PBR -8% . ALU -6% . ITUB -6% . STO -6% . BX -5% . ORAN -5% . 1 comment!
premarket after agreeing to sell assets in the southern Marcellus Shale and eastern Utica Shale to Southwestern Energy (NYSE: SWN ) for $5.375B. The sale includes ~413K net acres and ~1,500 wells in northern West Virginia and southern Pennsylvania
By Richard Zeits : The meteoric rise of the Marcellus and Utica natural gas production to over 15 Bcf/d in less than five years of active development looks almost miraculous. This explosive growth would not be possible, however, without the Midstream Industry being able to deliver gathering and ...