Operator: Good day and welcome to the Chesapeake Energy Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast. Please note this event is being recorded.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Some U.S. natural gas producers that didn t hedge their output this year are having to sell their gas at prices that are below their breakeven price, forcing them to reduce supply.