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SHEL - Chesapeake Energy's 2024 Production Cut Marks A Bottom For Dry Natural Gas Prices
Royal Dutch Shell PLC American Depositary Shares (each representing two (2))
2024-02-22 16:50:01 ET
Summary
Chesapeake Energy will become the largest domestic natural gas producer in the U.S. after its merger with Southwestern Energy.
The combined entity will be on par with major energy giants like Chevron, Exxon, Shell, and BP in terms of global natural gas production.
Chesapeake Energy's capital spending and production guidance has potentially signaled a bottom in natural gas prices.
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