Express News | U.S. Natural Gas Futures Extend Losses, Prices Down by 5%

Breakings01:14

Natural Gas' 80% Boom Could Be 'Short-Lived.' Here's Why.

Several natural gas producers have curbed production to reduce the oversupply, but they could bring it back quickly, one analyst warns.

BarronsMay 23 05:31

Chesapeake Energy Begins Cutting Jobs

Seeking AlphaMay 21 21:54

Chesapeake Energy (NASDAQ:CHK) Slashes Headcount

TipRanksMay 21 18:12

US gas giant Chesapeake Energy (CHK.US) plans to start layoffs this week

The Zhitong Finance App learned that Sapic Energy (CHK.US), one of the largest gas producers in the US, said on Monday local time that after completing the divestiture of oil assets last year, the company plans to begin layoffs this week. Some analysts believe this move may be to prepare for “cost reduction” for future mergers and acquisitions, and to optimize the organizational structure to maximize profits before electricity consumption surges in the AI era. Chesapeake Energy said this week's layoffs followed the divestment of Eagle Ford-related assets, not the company's impending merger with Southwestern Energy (SWN.US)

Zhitong FinanceMay 21 17:17

Chesapeake Energy Initiates Lay-offs Following Oil Assets Divestiture

Yahoo FinanceMay 21 16:21