Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand?

As winter approaches with colder temperatures expected, energy investors increasingly focus on natural gas, a cleaner-burning alternative to oil and coal, due to rising heating demand. As a result, Range Resources Corporation RRC, Antero Resources Corporation AR, and Comstock Resources Inc. CRK are well-positioned to benefit.Colder Winter Forecast Across the U.S. Drives Gas DemandIn its short-term energy outlook, the U.S. Energy Information Administration forecasts a colder winter across much of the United States compared with last year's mild season. This cooler weather is expected to increase demand for natural gas to meet heating needs, thereby driving natural gas prices upward. Currently, the commodity's price is trading at $2.847 per MMBtu, suggesting an improvement of more than 14% in a month.The higher price of natural gas is beneficial for companies like Range Resources, Antero Resources and Comstock Resources that are engaged in the exploration and production of the commodity. All the stocks carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Natural Gas Explorer to Gain: RRC, AR, CRKRange ResourcesRange Resources is among the leading natural gas producers in the United States. The upstream energy player has a strong footprint in the prolific Appalachian basin, with a huge inventory of premium drilling sites securing future production outlook. RRC has a resilient balance sheet it can rely on when the business environment turns unfavorable.Antero ResourcesAntero Resources is among the top five natural gas companies in the United States and is a pure-play Appalachian producer. The company has a solid production outlook with a huge inventory of drilling sites. AR can sail through unfavorable business scenarios as it has an investment-grade credit rating.Comstock Resources Comstock Resources is also a well-known producer of natural gas with its operations spread across the prolific Haynesville Shale in North Louisiana and East Texas. Comstock’s strategy to expand its Western Haynesville acreage, now exceeding 450,000 net acres, shows significant potential, particularly with the recent advancements in drilling techniques.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Resources, Inc. (CRK): Free Stock Analysis Report Range Resources Corporation (RRC): Free Stock Analysis Report Antero Resources Corporation (AR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks