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Fly News Breaks for May 17, 2016
MRD, RRC
May 17, 2016 | 08:46 EDT
After Range Resources (RRC) agreed to merge with Memorial Resource (MRD), BMO Capital says that the deal could compound Range's problem of being resource rich but unable to create value in the near-term. The firm says that Range may have been better off raising equity and using the funds to enhance its value capture. BMO Capital believes, however, that the deal could bear fruit for Range Resources in the longer term, and it keeps an Outperform rating on the shares.
News For RRC;MRD From the Last 2 Days
RRC
Apr 25, 2024 | 06:54 EDT
RRC
Apr 23, 2024 | 16:41 EDT
RRC
Apr 23, 2024 | 16:40 EDT
Reports Q1 revenue $645.37M, consensus $659.31M. Production averaged 2.14 Bcfe per day, approximately 68% natural gas.
RRC
Apr 23, 2024 | 15:26 EDT
