U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company, a person familiar with the matter told Reuters on Friday.
Energy is leading the S&P 500, jumping by 57% YTD. Out of the top ten best-performing stocks in the S&P 500 year to date, nine are energy companies Investors are now trying to predict how long the energy stocks party will last. https://oilprice.com/Energy/Energy-General/How-Long-Will-The-.