Moody’s Shale Gas – Sector Review

eeking Alpha via dynect-mailer.net 

11:52 AM (7 minutes ago)

to me
 as reported by Seeking Alpha April 1
not great review for Quicksilver

Moody’s: Marcellus shale gas producers to benefit most • 2:51 PM

  • Marcellus shale gas producers will benefit more than producers elsewhere in the U.S. because of several favorable circumstances, even if prices were to decline to 2012 levels, according to a Moody’s report.
  • Anadarko Petroleum (APC), Southwestern Energy (SWN) and Chesapeake Energy (CHK) – all of which entered the play early during a weak natural gas price environment – especially have benefited, Moody’s says.
  • An infrastructural overhaul is still needed as buyers move away from traditional production hubs such as the Haynesville and Barnett, the credit rating agency says; the transition already has caused a decline in credit quality for Exco Resources (XCO), Forest Oil (FST) and Quicksilver Resources (KWK).
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