Shares in Chesapeake Energy tumble along with oil (AP)
Posted on August 4, 2008 at 6:30 pm in Online Trading
Shares of Chesapeake Energy Corp. fell Monday as the price for a barrel of oil slumped. Chesapeake’s stock fell $3.97, or 8.1 percent, to end at $45.25 despite a report from TPH Energy Research suggesting the company was very strong in exploration and production.
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