If you're trying to figure out whose incremental demand is going to help prop up ailing land drillers like Patterson-UTI
Production for the third quarter was anything but sluggish. Output rose a robust 24% and surged 14% sequentially. A little more than half of that quarter-on-quarter boost came from the company's large Dominion
After tacking on sales price gains across gas, natural gas liquids, and oil, we're looking at a 30% rise in revenue. Expenses took quite a bite and pared the earnings-per-share gain to 13%.
Looking at lifting costs, though, we come up with a $0.93/mcfe figure, which is nothing to fret about. That's akin to an oil producer like Arena Resources
Natural gas gunners like XTO and Southwestern Energy