The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending March 18.
U.S. natural gas stocks decreased by 1 billion cubic feet for the week ending March 11, much less than analysts expected, according to the EIA.
Weather forecasts are calling for more mild weather ahead, and the outlook for natural gas demand remains low to very low.
Most of the stocks traded on the New York Stock Exchange with the greatest number of shares short saw their short interest decline between the February 12 and February 29 settlement dates.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending February 26.
Founder and former CEO of Chesapeake Energy, Aubrey McClendon, was indicted late Tuesday on charges of conspiring to rig the price of oil and gas leases in Oklahoma.
The top analyst upgrades, downgrades and initiations seen on Thursday, February 25, include Bank of America, Encana, Energy Transfer Partners, Restoration Hardware, Salesforce.com and Transocean.
The most shorted stock traded on the New York Stock Exchange — Chesapeake Energy — bucked the short interest trend with a modest gain in February.
Chesapeake Energy reported fourth-quarter and full-year 2015 earnings before markets opened Wednesday morning.
Paul Ausick Moody's Investors Service downgraded the corporate debt rating for Chesapeake Energy from B2 to Caa2, a drop of three notches and just one notch above a default-imminent rating.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased by 158 billion cubic feet for the week ending February 12.
Shares of struggling oil and gas producer Chesapeake Energy traded as high as 15% above Friday's close on Tuesday morning, even though both oil and gas futures were trading softer.
Paul Ausick The EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending February 5.
Among the six most heavily shorted stocks traded on the New York Stock Exchange, short sellers continued to pile on Alcoa and Freeport-McMoRan between the January 15 and January 29 settlement dates.
Debt rating agency Standard & Poor's on Tuesday lowered the corporate credit rating on Chesapeake Energy. But the ratings service did not stop there.
Paul Ausick 
