Chesapeake Energy Shares Jump 50% in Three Months

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Skyrocketing prices of Chesapeake Energy shares are getting some attention in the stock market.

As Seeking Alpha notes, Chesapeake shares have jumped 50% in the past three months and it’s largely due to a “rally in natural gas pricing.”

The investment company says Chesapeake Energy is likely to reap the benefits of a growing increase in natural gas prices. Natural gas prices have risen from less than $2/MMBtu in May to more than $3.20/MMBtu this week.

 

 

 

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