A report earlier today that Chesapeake Energy Corp. (NYSE: CHK) was reducing its drilling programs due to the low prices for natural gas. Competitors like Range Resources Corp. (NYSE: RRC), Encana Corp.…
Chesapeak Energy Corporation (NYSE: CHK) is winning by cutting. In an effort to match production supply with proper demand at a time when natural gas prices are so low, the natural gas player…
Jon C. Ogg Shares of Chesapeake Energy Corporation (NYSE: CHK) rose over 5% in the premarket as the company said it would cut investments as natural gas prices fall. Concerns about natural gas price drops…
Douglas A. McIntyre Yesterday’s release of a new study by the US Energy Information Administration (EIA) on the impact of natural gas exports on domestic gas prices is just beginning to have its own impact…
The US Energy Information Administration (EIA) today released a study on the impact of domestic pricing if the US begins to export natural gas. The question has been on the minds of…
Markets opened slightly lower in the US this morning, but picked up steam in the morning and continued to rise, if slowly, for the rest of the day. The tech sector showed…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Carnival Corp. (NYSE: CCL) Maintained Hold but cut estimates…
US equities opened lower this morning, weighed down by an undistinguished earnings report from JPMorgan Chase & Co. (NYSE: JPM). More coverage here. Markets in Europe and Asia were higher on the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday (the 13th) morning. American International Group, Inc. (NYSE: AIG) Started…
Chesapeake Energy Corp. (NYSE: CHK) set two goals last year: first, to reduce long-term debt by 25% by the end of 2012; and second, to increase production by 30%. The company said…
Paul Ausick Independent oil & gas producer Devon Energy Corp. (NYSE: DVN) today announced an agreement with a subsidiary of China’s Sinopec which will give the Chinese firm a 33% stake in five of…
In yet another of the deals that shakes up the landscape of US shale gas production, Chesapeake Energy Corp. (NYSE: CHK) has formed a joint venture with Total SA (NYSE: TOT) and…
Wall St. expects same-store sales for December to rise 4.3%. (Reuters) Returns of holiday online gifts are expect to reach a record. (Reuters) Venezuela says it will pay Exxon Mobil (NYSE: XOM)…
As part of its efforts to raise cash and pay down debt, Chesapeake Energy Corp. (NYSE: CHK) has sold its Appalachia Midstream Services subsidiary to Chesapeake Midstream Partners L.P. (NYSE: CHKM) for…
Paul Ausick Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of long-term funds…