Current MHR Stock Info

Despite the weight the Marcellus/Utica region carries on the oil and gas industry, E&Ps continue to de-risk and explore parts of the play in an attempt to find the elusive “sweet spot.”

Chesapeake Energy (ticker: CHK), one of the play’s pioneer companies, sold its southern Marcellus acreage last week to Southwestern Energy (ticker: SWN) for a price tag of $5.4 billion. Industry analysts widely agreed SWN paid a hefty sum for the properties, as OAG360 covered in a feature article following the announcement. The larger than realized pr...

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