Chesapeake Energy Set To Become Largest Natural Gas Producer In US, Says Analyst
Chesapeake Energy(CHK) Benzinga·2024-09-27 23:47
Shares of Chesapeake Energy Corp CHK climbed in early trading on Friday, as oil prices moved slightly higher after the Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected. Gas prices are likely to rise over the next few years, and the company will be the largest natural gas producer following the merger with Southwestern Energy Co SWN, according to Roth Capital Partners. Analyst Leo Mariani initiated coverage of Chesapeake Energy with a Buy rating and pr ...