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.
Shares of Chesapeake Energy Corporation (NYSE: CHK) fell more than 5 percent after RBC downgraded the stock to Underperform from Sector Perform on limited opportunities to add value.
"Our downgrade is based on relative valuation and our view...
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