Why Centennial Resource Development, Range Resources, Southwest Energy, and Antero Resources Rallied Today

Shares of U.S. exploration and production companies Centennial Resource Development (NASDAQ: CDEV) and Range Resources (NYSE: RRC) rose as much as 16% in morning trading on Jan. 12. There's a simple reason for the advance and a more nuanced one, which might hint at what the future holds for energy markets. The quick story here is that energy prices were up in early trading, including both oil and natural gas.