Rocks, Financial Engineering, Drive Profit Rebound for Large Independent Natural Gas Producers

May 15, 2023--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--It's long been said in the Oil Patch that the best rocks win. But because oil and gas producers sell into commodity markets, it helps to keep a small army of quantitative risk managers housed near the geologists, because the best rocks will only get you so far. Drillers still need to extract hydrocarbons profitably. Sometimes what a company gives up in the field can be won back through financial engineering. And vice versa. Companies featured: EQT Corporation (NYSE:EQT), Range Resources Corporation (NYSE:RRC), Coterra Energy Incorporated (NYSE:CTRA) Antero Resources Corporation (NYSE:AR)