Chesapeake Energy is the second largest producer of natural gas in the United States. The company just released its first quarter earnings which reveals a stunning drop in drilling which is more bullish news for natural gas.
The natural gas and oil producer has announced $1.3 billion of asset sales that will bolster its balance sheet and tighten its focus.
After rumors and reports of rival bids, the company might need to make an acquisition of its own to ward off suitors.
Another quarter of expected losses, and more bearish comments from Jim Chanos, pushed Cheniere Energy's stock down... again.
There’s quite a big difference between these LNG stocks, which makes one the clear better buy between the two.
Higher oil prices and a lot of company-specific catalysts fueled big rallies in Chesapeake Energy, Crestwood Equity Partners, Pioneer Energy Services, Fairmont Santrol, and EXCO Resources.
Drilling down into two top independent oil and gas companies.
CEO John Christmann wanted to leave investors with a few key points on the company’s most-recent conference call.
The natural gas driller’s stock has been cut by a third since last week.
The oil and gas company is expected to report first-quarter results on May 5.