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home / news releases / UNL - Chesapeake Shares Surged Despite Impending Bankruptcy But Debt-Free Sandridge Is More Compelling

UNL - Chesapeake Shares Surged Despite Impending Bankruptcy But Debt-Free Sandridge Is More Compelling

United States 12 Month Natural Gas Fund

Chesapeake Energy (CHK) stock is spiking despite preparing to file for bankruptcy - up more than 300% in the past month:

Data by YCharts

Included in the above chart are various comparable measures, including an energy stock ETF (XOP), a small cap energy stock ETF (PSCE), an oil ETF (USO) and a 12 month forward strip oil ETF (USL), and a natural gas ETF (UNG) and 12 month forward ETF (UNL) - illustrating how extreme and aberrant the move in Chesapeake's

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Stock Information
Company Name: United States 12 Month Natural Gas Fund
Stock Symbol: UNL
Market: NYSE
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