Article By:
Tony Daltorio
Saturday, January 20, 2024 12:20 PM EDT
Merger and acquisition activity continues to sweep across the energy sector. In the latest deal, Chesapeake Energy agreed to acquire Southwestern Energy for $7.4 billion, in a transaction that will create the largest natural gas producer in the U.S.
The Next Big Energy Investment Cycle is Here
This is true for $SWN, $DVN, $XLE, $OXY and others!
Natural Gas Rallies Again, Though Pulls Back From Resistance
Having learned the hard way in the past that UNG is a tough way to play natural gas, I bought $SWN this time, which has worked out much better. For those who don't trade futures, you have to be careful with instruments like $UNG and $UGAZ.