Chesapeake Energy Corp. can see some daylight following the deluge of U.S. natural gas, but it won’t be until the end of the year that the producer is able to report a decline in domestic output, CEO Aubrey McClendon said Friday.
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Enron Fails to Find Daylight, Stock Sinks Another 5% Friday
For anyone holding Enron Corp. stock one year ago this week, things could not have seemed better. The closing price on Oct. 30, 2000 was $80.68, and the following day, Halloween, shares gained almost $2 to close at $82.06. Today at Enron, however, things look a lot spookier. And despite the plethora of information unmasked by the Houston-based company in the past two weeks, the investment community still seems anxious about any other tricks still to be revealed within the energy trading giant’s complex financial holdings.