Impending Rice Energy IPO Creating a Buzz
MDN has known–well, suspected–since October that Rice Energy would soon be going public and that an initial public offering of stock (IPO) would value the company as much as $2.5 billion (see Rice Energy Rumored IPO – Dan Rice Gets Last Laugh). So when we reported yesterday that Alpha Natural Resources was selling its 50% joint venture stake to Rice for $300 million ($200 million of it in Rice stock when it goes public), we didn’t think much of it (see Alpha Natural Resources Sells 50% Marcellus Stake to Rice Energy).
Apparently not everyone knew about Rice going public and the news has hit like a thunderclap. Here’s an example, along with an estimate of when shares in the IPO will be offered:
Read More “Impending Rice Energy IPO Creating a Buzz”

Yesterday Range Resources released their financial and operations update for third quarter 2013 (see our companion story from today). Nestled in that update is reference to a new company presentation released yesterday as well, available on the Range website. MDN downloaded it (full copy embedded below) and wow! What a presentation it is. This sucker is loaded with useful charts, maps, bullet points and more. Range has done the industry (and their investors) a great service with this presentation.