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CORPORATE STRATEGY

With Prices in the Stratosphere, Producers Choose Cash Over Gas

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Appalachian natural gas producers delivered a clear message to investors during their second-quarter earnings calls: As long as pipeline constraints and tight labor markets limit their ability to grow production, debt reduction and share buybacks are the best uses of the cash windfall brought on by surging gas prices.

Topics:
Corporate Strategy , Gas Supply, Gas Pipelines
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