Chesapeake Energy and LINN Energy Benefiting From Soaring Gas PricesEddie StaleyBenzinga
An abundance of available natural gas combined with muted domestic demand has sent prices for the fuel down to record lows earlier this year. But the recent heat wave hitting the country has sent gas prices soaring. The United States Natural Gas Fund, LP (UNG) has skyrocketed over 33 percent in the last three months. Five Star Equities examines the outlook for companies in the Oil & Gas Industry and provides equity research on Chesapeake Energy Corporation (NYSE: CHK) and LINN Energy, LLC (NASDAQ: LINE).(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.