Natural gas names such as Chesapeake (CHK -1.4%), Petroquest (PQ -3.8%) and EOG (EOG -2.7%) slump after experts say the Marcellus Shale gas boom will slow this year as drillers wait for pipelines to expand, new markets to develop and wholesale prices to rise. Hiring has tapered off, a big difference from recent years when production soared and companies spent billions on leases, well drilling and infrastructure.
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Wunderlich Securities Sees Chesapeake Energy Staying Aggressive On Spending Front Given Ample Cash Balanceat Benzinga.com (Feb 26, 2015)
The Wall Street Journal: Chesapeake Energy cuts rig operations after disappointing quarterly resultsat MarketWatch.com (Feb 25, 2015)
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