Big oil and gas stock skyrockets 61% in 2 days
Fears of a catastrophic cash crunch at Chesapeake Energy are fading. Fast. Chesapeake’s stock spiked 34% on Tuesday, the biggest one-day gain since the oil and natural gas company went public in 1993. Investors and analysts are cheering Chesapeake’s announcement that its banks have agreed not to yank a credit line worth $4 billion. That’s […]