RRC

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dan_s
Posts: 37325
Joined: Fri Apr 23, 2010 8:22 am

RRC

Post by dan_s »

For those of you that have a long-term outlook, Range Resources is great. The company is the low-cost producer and they have a clear path from 1.2 Bcf per day of production today to 3.0 Bcf by 2020. Listen to their Q3 conference call and you will see why I remain so bullish on RRC.

IMO natural gas prices will be under pressure in 2015 until LNG exports begin. After 2015, the outlook for gas should improve significantly with increasing demand for exports and industrial demand.
Dan Steffens
Energy Prospectus Group
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