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RRC - Appalachian Producers: Henry Hub Pricing Matters Less Than You Think
December, 18 2020 04:04 PM
Range Resources Corporation
Investors tend to think of natural gas E&Ps and Henry Hub as one and the same: higher Henry Hub means higher stock prices. In reality, most producers sell more than 50% of their volumes in local markets that are not indexed to Henry Hub in any way. Local market hub pricing in the Northeast has been terrible this year, prompting curtailments. Signs are these trends might not go away. For further details see:
Appalachian Producers: Henry Hub Pricing Matters Less Than You Think
Stock Information
Company Name:
Range Resources Corporation
Stock Symbol:
RRC
Market:
NYSE
Website:
rangeresources.com
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