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Stock impact report

WhiteHawk Energy acquires natural gas assets in Marcellus Shale for $118m [Yahoo! Finance]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Yahoo! Finance
The transaction doubles WhiteHawk's ownership interest across its existing 475,000 gross unit acres and enhances its position, primarily in the counties of Washington and Greene in Pennsylvania. EQT, Range Resources, CNX Resources and Antero Resources manage approximately 95% of the production, cash flow and present value from the Marcellus assets. The deal is effective from 1 January 2025. WhiteHawk's Marcellus Shale holdings now span roughly 675,000 gross acres, with output derived from approximately 2,068 horizontal shale wells. The company also holds mineral and royalty interests in 141 wells-in-progress, 66 permitted wells and 1,713 undeveloped Marcellus locations, with potential from the underlying Utica Shale. WhiteHawk Energy CEO Daniel C. Herz said: “The 2025 Marcellus Acquisition provides WhiteHawk additional production, line-of-site development, undeveloped inventory and cash flow from our core Appalachia position. “Today's transaction marks our sixth acquisiti Show less Read more
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