(Reuters) - In May, the company said over time, it will become more of
a 50/50 mix of gas and processing, and oil and gas producing
operations company.
Raymond James analyst Darren Horowitz said Eagle Rock was
unlikely to acquire anything more in near term. "They have got
their plates somewhat full, this is a lot for them to digest,"
he said by phone. Horowitz said the company started off
focusing on pipeline and gathering assets but now is looking to
balance its business with production assets.
Read more at Reuters.com Mergers News
a 50/50 mix of gas and processing, and oil and gas producing
operations company.
Raymond James analyst Darren Horowitz said Eagle Rock was
unlikely to acquire anything more in near term. "They have got
their plates somewhat full, this is a lot for them to digest,"
he said by phone. Horowitz said the company started off
focusing on pipeline and gathering assets but now is looking to
balance its business with production assets.
Read more at Reuters.com Mergers News
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