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Barchart
Barchart
Tony Daltorio

This Natural Gas Powerhouse Is a Top Energy Stock to Buy Now

Chesapeake Natural Gas United States Southwestern Southwest Chesapeake Energy Southwestern Energy

U.S. natural gas futures (NGJ24) soared by about 13% right after Chesapeake Energy (CHK) announced, on Feb. 21, that it would slash its natgas production levels level by nearly 30% in response to sliding gas prices.

Chesapeake is soon be the biggest U.S. natgas producer, following its merger with Southwestern Energy (SWN). More on that in a moment.

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