Financial Review on Southwestern Energy and Range Resources - Improving Fundamentals for Independent Oil & Gas
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NEW DELHI, INDIA, Nov 09 (Marketwire) -- The independent oil & gas industry, which includes companies such as Southwestern Energy and Range Resources, is currently in an envious position. Prices for oil and natural gas have been improving of late, and increased demand for natural gas is also encouraging moving forward. Street-Wire.com today posted reports for two companies, Southwestern Energy Company (NYSE: SWN) and Range Resources Corporation (NYSE: RRC), accessible at http://www.street-wire.com/register.php www.Street-Wire.com has brought together some of the best financial and technical minds from around the biggest economies globally so that you can have an array of free stock research. Sign up for your free membership at http://www.street-wire.com/register.php For companies with natural gas operations in the U.S., the situation remains bright. The shift away from coal-based power generation to natural gas could help bolster profits moving forward, as an increasing number of power plants are turning to natural gas as it offers several advantages over other energy options. Natural gas vehicle filling stations are also cropping up across the country, as more individuals and companies are switching to natural gas powered vehicles in the wake of expensive conventional fuel. Furthermore, The U.S. is currently looking to procure more energy from domestic sources, which also works in favor of companies with U.S.-based oil and gas operations. Our financial analysis on Range Resources today is accessible at http://www.street-wire.com/RRC09112012.pdf While there are a plethora of positives for the industry, it is not without its headwinds. Lower natural gas prices reduced earnings for a number of industry players in the 3rd quarter, and continued price volatility could persist through the end of the year and into 2013. Competition is also fierce, and those that are able to keep costs down while still maximizing production could outperform their peers. Southwestern Energy financial analysis available at http://www.street-wire.com/SWN09112012.pdf About Street-Wire: Street-Wire aims to satisfy our members with timely knowledge and to provide veteran traders with innovative and cognitive content when it comes to investing. We believe learning is a two-way channel, and we learn from our members as much as we provide them with what they need to make sense of the markets. We strive to introduce investors to new analytical viewpoint before the market becomes aware of them. Read our Disclaimer http://www.street-wire.com/disclaimer.html Contact Person: Anthony K. Merchant Communications Executive email@example.com Copyright 2012, Marketwire, All rights reserved. -0-
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