The continued pressure on U.S. natural gas has dragged its prices below $3/MMBtu (million British thermal units). The decline in natural gas prices will likely brin.
Matador said the deal to purchase Advance Energy, an EnCap-backed company, will not increase its leverage and adds more than 200 net drilling locations in the northern Delaware.
AR and EQT stock gained on the back of higher average realized prices and strong demand. However, a downtrend in natural gas prices and moderation in demand wil.