Another Low-Cost Operator Cuts Back Drilling
The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and senior analyst Matt Argersinger discuss topics around the investing world.
In today's edition, Matt and Paul discuss the recent results from Southwestern Energy, a low-cost producer of natural gas. Despite increasing production by 24% and proven reserves by 19% year over year, the company retreated in the next day's trading. Was the move warranted, or are investors missing the big picture?
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At the time this article was published Matt Argersinger has no positions in the stocks mentioned above. Paul Chi owns shares of Chesapeake Energy. The Motley Fool owns shares of Ultra Petroleum.Motley Fool newsletter services recommendUltra Petroleum. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.