Trading in Oklahoma City’s Chesapeake Energy captured the eye of one national firm that focuses on the financial markets.
Market Realist noted Chesapeake Energy was the S and P 500’s top gainer for Sept. 14 as its stock prices rose 4.1%. Trading of its stock finished the day at $4.1, the highest close in a month.
Chesapeake, a producer and explorer of petroleum and natural gas saw the boost in stock prices as a result of an increase in natural gas and crude oil prices. Natural gas prices started rising last week as the energy economy recovered from the impact of Hurricane Harvey in Texas and Hurricane Irma in Florida.