Lower Gas Prices Drag Down Full-Year Profits for Four Independent Producers

March 3, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The most recent Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration (EIA) may give natural gas producers reasons for optimism about prices for 2025 and 2026. Happier days may await producers in the future, but they are not there yet. First, the industry had to get through another difficult year and quarter in which U.S. production growth outpaced demand growth, leading to lower pri