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Reuters reveals Kimmeridge says in talks with Chesapeake Energy about changes, shares rise

Gilberto V. Sutton by Gilberto V. Sutton
in Politics news
Reading Time: 1 min read
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Business & FinanceEnergyPolitics

04 May 2022, 5:15 pm. 1 minute

Shares of Chesapeake Energy Corp rose as much as 7% after Kimmeridge, an activist investment firm that focuses on oil and gas exploration and production companies, told Reuters it has built a stake in the U.S. oil and gas producer and started talks with the management team on changes to boost its value.

Article Tags

Topics of Interest: Business & FinanceEnergyPolitics

Type: Reuters Best

Sectors: Business & FinanceCommodities & EnergyUtilities & Other Energy

Regions: North America

Media Types: Text

Customer Impact: Important Regional Story

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