Saturday, October 18, 2008

Marcellus Shale - RRC Range Resources Earnings 10/22

This coming week, the natural gas market will be eyeing Range Resources ( RRC ) as this company will be releasing earnings on Wednesday 10/22/08 at 4pm.

Range Resources is one of the biggest operators in the Marcellus Shale natural gas field and it will be interesting to see what they have to say about operations given the steep drop in natural gas prices. Chesapeake Energy ( CHK ) is reporting that it will try to sell its Marcellus Shale stake for 2.5 - 3 billion in cash to raise capital.

I will have an update later this week....for a full earnings calendar visit