Will Chesapeake Energy Get the Spark It Needs to Bounce Back This Week?
Chesapeake Energy (NYSE: CHK) got off to a red-hot start in 2019. The oil and gas driller's stock was up more than 50% at one point thanks to an improvement in oil prices. However, it has been all downhill since the company reported somewhat lackluster first-quarter results about three months ago. Overall, shares are now down more than 20% for the year as they've crumbled under the weight of lower oil and gas prices.
Given its struggles, the company has to report strong results when it unveils its second-quarter numbers later this week. If it does, that could give it the fuel to begin rebounding. Here are a few areas where the company needed to outperform.
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