Chesapeake Energy stock

05 Jun: Chesapeake Energy Corporation stock is rallying today more than 60%

Chesapeake Energy Corporation (CHK) stock is surging today At 3:42 Pm, ET today June 5, 2020, Chesapeake Energy Corporation (CHK) stock is rallying having a stock price of 22.01+7.96 (+56.66%). The Chesapeake stock had earlier gains over 60% and is among today’s stock movers and stock gainers. Energy stocks are gaining today as oil prices continue moving higher, with the Energy sector being the best performing sector today. “Shares of Chesapeake Energy Corp. CHK, 61.57% rocketed 50.3% in active afternoon trading Friday, boosted by a surge in crude oil prices ahead of a weekend meeting of major oil producers. Volume swelled to 5.5 million shares, compared with the full-day average of about 2.5 million shares. The oil and gas company’s stock, has now more than doubled (up 142.4%) since it closed at a split-adjusted record low of $8.71 on May 14. The debt-laden company had enacted a 1-for-200 reverse stock…