Range reaources takeover

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Range reaources takeover

Post by sl6886 »

Since range is being taken over by pioneer, who would be possible suitors for Comstock or antero since we seem to be at the bottom
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Re: Range reaources takeover

Post by dan_s »

Range Resource is NOT being taken over. Ranger Oil (ROCC) is merging into Baytex.

Comstock and Antero are unlikely to be interested in a sale or merger. It would have to be an incredible offer. They are both still very profitable. Jerry Jones controls Comstock and he has no need to sell the company. He believes natural gas prices will be going a lot higher in the near future due to the large increase in LNG export capacity. So do I.

That said, every public company is for sale if someone makes a crazy high offer.
Dan Steffens
Energy Prospectus Group
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