- Zacks
Chesapeake (CHK) Layoffs Point at Struggles Amid Lower Prices
Chesapeake (CHK) announces that its job cuts are completely unrelated to its merger with Southwestern (SWN). The company is also cutting back on production owing to a slump in natural gas prices.
- InvestorPlace
Oil’s Penny Powerhouses: 3 Small-Cap Stocks Gushing with Potential
Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago. The combination of high prices and production suggest continued strength across the energy sector. In turn, investors are looking to small cap oil stocks for their outsized potential to produce returns at the moment. Elevated prices are expected to continue, which should prompt strong continued product
- Zacks
Southwestern (SWN) Q1 Earnings Miss on Lower Production
Lower gas-equivalent production volumes and realized gas prices hurt Southwestern's (SWN) earnings in Q1.
