Cabot Oil and Gas Corp., EQT Corp. and CNX Resources Corp.
Charts at the end... but my guess is... the recent out-performance will give way to the general market conditions pretty soon. I'll say... WAIT FOR IT...
The play said to be gas shale producers... expecting oil wells will be shut in... taking gas off the market.
Why Marcellus Shale companies soared while most everything else plunged Tuesday
"The gas-only companies are benefitting today because it looks like there are going to be fewer oil wells drilled. Every oil well also produces gas, so lower number of new oils wells could decrease the total gas coming to market," said Kim Forrest, founder and chief investment officer of Pittsburgh-based Bokeh Capital Management.
I had just made a note of Antero Resources... because, as I've been sifting through the poo looking for ponies, it popped up in another search as a Zack's ranked #1 for performance... and I couldn't for the life of me see why... they have zero cash and a big pile of debt (6.65 billion, debt to equity 95, 7 billion enterprise value... 400 million market cap) and have been losing money... 340 million ttm, while quarterly revenue was down 24% in the last report... What the hell was Zack's thinking ?
But three publicly traded Marcellus Shale companies actually posted strong gains as of mid afternoon. EQT Corp. (NYSE: EQT), the largest independent natural gas producer, was up 9 percent as of 2:15 p.m., from $4.99 at the open to $6.95 a share. CNX Resources Corp. (NYSE: CNX) rose 10 percent to $5.66 a share. And Cabot Oil and Gas Corp. (NYSE: COG), which has its regional headquarters in Pittsburgh, was up as high as $18.77 a share around midday before settling to $16.59 a share, up 1 percent, by 2:15 p.m. Compare that with other energy companies, including Exxon Mobil Corp. (NYSE: XOM), down 11 percent; Royal Dutch Shell (NYSE: RDS.B), down 18 percent; and Chevron Corp. (NYSE: CVX), down 15 percent. Even other Marcellus companies like Range Resources Corp. (NYSE: RRC) and Antero Resources (NYSE: AR) were down sharply. Chesapeake Energy (NYSE: CHK) was down 26 percent.
 
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