November 28, 2022--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Four large independent U.S. natural gas -oriented producers reported healthy profits for the third quarter, a reversal from year-earlier results, when three of the four companies booked big losses. There were heavy charges for derivatives in both years for all four companies. The four independent gas-oriented producers--<a href='https://coterra.com/ ' target='_blank'>Coterra Energy Incorporated</a> (<a href='https://www.nyse.com/quote/XNYS:CTRA ' target='_blank'>NYSE:CTRA</a>) (Houston, Texas), <a href=' https://www.eqt.com/ ' target='_blank'>EQT Corporation</a> (<a href='https://www.nyse.com/quote/XNYS:EQT ' target='_blank'>NYSE:EQT</a>) (Pittsburgh, Pennsylvania), <a href='https://www.anteroresources.com/ ' target='_blank'>Antero Resources Corporation</a> (<a href=' https://www.nyse.com/quote/XNYS:AR ' target='_blank'>NYSE:AR</a>) (Denver, Colorado) and <a href=' https://www.rangeresources.com/' target='_blank'>Range Resources Corporation</a> (<a href='https://www.nyse.com/quote/XNYS:RRC ' target='_blank'>NYSE:RRC</a>) (Fort Worth, Texas)--all benefitted from sharply higher gas prices, strong demand and limited year-over-year gas production growth. Surging gas prices and strong global gas demand were partly the result of energy market disruptions stemming from Russia's invasion of Ukraine earlier this year.