These two are very high on my Watch List. If you own AR, GPOR or RRC you should read carefully what EQT is saying. QEP is have success in the Permian Basin.
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EQT Corporation (ticker: EQT) and QEP Resources (ticker: QEP) each released first quarter earnings today, giving a snapshot of U.S. shale in 2017.
EQT reported net earnings of $164 million, or $0.95 per diluted share, up from earnings of $5.6 million in Q1 2016. QEP reported net income of $76.9 million, $0.32 per diluted share, which vastly exceeds the $863.8 million loss the company reported this time last year.
Read: http://www.oilandgas360.com/two-shale-c ... -set-keys/
EQT and QEP
EQT and QEP
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group