Chesapeake Energy Corporation (NYSE:CHK) took a major beating last year, with the stock falling a humongous 77%. While the management of the second-largest natural gas producer in the US had hoped for positives in 2016, things have turned out to be disappointing so far. The stock has declined 56.67% since the start of the year.
Macroeconomic developments along with internal company problems have weighed down Chesapeake’s performance. The table below shows the stock performance compared with the United States Natural Gas Fund, LP (NYSEARCA:UNG). The company has significantly underperformed its peers in the same period.
http://www.bidnessetc.com/63215-chesapeake-energy-corporation-chk-is-the-worst-over-for-the-stock/
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