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Why Range Resources, Southwestern Energy, and NextDecade Stocks Jumped Double Digits on Wednesday

Neha Chamaria, The Motley Fool
·4 min read
Why Range Resources, Southwestern Energy, and NextDecade Stocks Jumped Double Digits on Wednesday

Wednesday was yet another strong day for oil and gas stocks, but shares of natural gas companies stood out, with many soaring by double-digit percentages. Range Resources is a Texas-based natural gas exploration and production company with major operations in the Marcellus shale in Pennsylvania. The company also produces natural gas liquids and crude oil, but almost 70% of its production is natural gas.

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