Low Prices Drag Down Earnings at Four Large Gas-Oriented Drillers

May 7, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Low first-quarter natural gas prices punished profits at four large U.S. gas-oriented independent oil and gas producers: EQT Corporation (NYSE:EQT) (Pittsburgh, Pennsylvania), Range Resources Corporation (NYSE:RRC) (Fort Worth, Texas), Antero Resources Corporation (NYSE:AR) (Denver, Colorado) and Coterra Energy Incorporated (NYSE:CTRA) (Houston, Texas).During the just-completed quarter, spot natural gas prices a