There aren't many oil and gas producers out there actively increasing their capital expenditures right now, but a willingness to do just that is what makes Range Resources (NYSE:RRC) so intriguing. Last week the company announced that it would raise its 2014capital budget to $1.5 billion to increase operations in the Marcellus shale, which is the exact opposite direction of Marcellus-focused peers Cabot Oil & Gas (NYSE:COG) and Southwestern Energy (NYSE:SWN). What makes this even more startling is that the company plans to tap the equity market to fund this effort, as well as to pay down some high-priced debt. 

This is a pretty risky move, so Range must have some opportunity in its sights. Tune into the video below to find out what it may be and whether Range, Cabot, or Southwestern is the best choice to take advantage of the situation.

America's $600 billion energy problem gives you good reason to invest in these three stocks today
A dark specter is looming that is ready to stop America's energy boom right in its tracks, and no one is talking about it. This one critical element could cost us over $600 billion, but every day we wait that number grows and grows. The U.S. government thinks investment in this sector is so important, even the Internal Revenue Service will give you a free pass if you invest in this select group of stocks. Our analysts at The Motley Fool have combed over this special class of stocks and we have identified three that could make you rich! Find out the names of these IRS gift-wrapped stocks in our special report, "3 Stocks The IRS Is Begging You to Buy." Simply click here and we'll give you free access to this valuable investing resource.

Tyler Crowe has no position in any stocks mentioned. You can follow him at under the handle TMFDirtyBird, on Google+, or on Twitter @TylerCroweFool.

The Motley Fool recommends Range Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Compare Brokers