With Prices in the Stratosphere, Producers Choose Cash Over Gas

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

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.

Corporate Strategy , Gas Supply, Gas Pipelines
Wanda Ad #2 (article footer)
Replacing gas-fired power with a mix of renewables and battery storage could unleash a host of nearly insurmountable unintended consequences.
Fri, Aug 12, 2022
Nigeria has renewed five deepwater oil leases with industry heavyweights such as Exxon Mobil, Chevron, TotalEnergies, Shell and Equinor.
Mon, Aug 15, 2022
Global Head of LNG Peter Clarke lays out Exxon's big LNG growth ambitions and how decarbonization lies front and center in its long-term thinking.
Mon, Aug 15, 2022