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-0.000555864369094028 0.000972762645914302 -0.00444691495275163 -0.00667037242912735 -0.0191773207337411 -0.0172317954419123 -0.00694830461367426 -0.00667037242912735
Stock impact report

Southwestern to buy natural gas producer GEP Haynesville for $1.85 bln [Reuters]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Reuters
Ovintiv Inc See all The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Nov 4 (Reuters) - Southwestern Energy Co (SWN.N) on Thursday agreed to buy Blackstone-backed GeoSouthern's assets in the Haynesville for about $1.85 billion, betting on rising gas prices and the field's proximity to the growing U.S. Gulf Coast export hub. Producers have been consolidating in the U.S. shale as oil and natural gas prices recover from last year's pandemic blow to trade at multi-year highs this month. U.S. gas prices recently touched 12-year highs and prices have skyrocketed in Europe and Asia, where buyers are desperate to lock down supply to deal with growing needs for power. The deal will help Southwestern in the Haynesville by adding production of about 700 million cubi Show less Read more
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