Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00213219616204699 1.42146410802796E-05 1.42146410802796E-05 -0.00995024875621882
Stock impact report

EQT cuts annual sales volume outlook as natgas prices decline [Reuters]

Coterra Energy Inc. (CTRA) 
Last coterra energy inc. earnings: 3/18 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: conturaenergy.com/financials
Company Research Source: Reuters
, opens new tab cut its full-year sales volume outlook on Tuesday as natural gas producers look to curb production to combat falling gas prices. The company now sees full-year sales volume between 2,100 billions of cubic feet equivalent (bcfe) to 2,200 bcfe from previously forecast range of between 2,200 bcfe and 2,300 bcfe. Natural gas prices have fallen 20.4% in the first quarter of 2024 compared with the year-ago quarter as high inventory combined with lackluster demand resulted in natural gas producers such as EQT disclosing plans to curtail production. Peers, including Coterra Energy (CTRA.N) New Tab , opens new tab and Antero Resources (AR.N) New Tab , opens new tab , had disclosed plans to cut down production to combat falling gas prices. EQT also reported a slump in net income attributable to company to $103 million from $1.22 billion in the year-ago quarter. Separately, earlier this month the company sold 40% of interest in its non-operated natural gas assets i Show less Read more
Impact Snapshot
Event Time:
CTRA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CTRA alerts
Opt-in for
CTRA alerts

from News Quantified
Opt-in for
CTRA alerts

from News Quantified