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October 27, 2016

Yuma Completes All-Stock Merger with Davis Petroleum

October 27, 2016

Davis merger improves Yuma’s liquidity, reserves, and daily production Houston-based Yuma Energy (ticker: YUMA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that the merger of the two companies was approved by shareholders and completed. Davis will become a wholly-owned subsidiary of Yuma following the all-stock transaction, although Davis shareholders will control 61.1% of the combined company, with

Natural Gas Prices Lose Steam

October 27, 2016

Natural gas gives up gains on unseasonably warm weather and inventory build Natural gas prices continued to decline today following news that more gas went into storage this week, expanding the market glut. The Energy Information Administration reported that natural gas stockpiles increased 73 Bcf in the week ended October 21, 2016, exactly in-line with economist expectations. The price of

EQT’s Annual Shareholder Meeting is Here: Two Brothers Lead Showdown With U.S. Natural Gas Giant - Oil & Gas 360

Buying Spree: EQT Acquired 19 Acres for Every Acre It Developed in 2016

October 27, 2016

Marcellus acquisitions increase IRRs from 9% to 37% at $2.50 MMBtu gas prices EQT Corporation (ticker: EQT) released its third quarter earnings results today, reporting a loss of $0.05 per diluted share compared to a net income of $0.27 per share for the same period last year as the oil and gas industry continues to face an oversupplied market. EQT

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