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.
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