EQT: This Quarter May Mark A Stock Price And Earnings Bottom
bjdlzx Dramatic Reduction in Rigs Leads to Lower Production Lower 48 Production 100.6 B4 o Resources (NYSE: AR) Lower rig counts almost "insure" that the supply of natural gas keeps falling. Most of the industry must cater to a market demand to "live within means". Additionally, there has been a wave of mergers that has also served to reduce the rig count. However, the major point is that the natural gas supply will keep dropping for the time being until natural gas prices recover. It may be a little bumpy ...