Actionable news
0
All posts from Actionable news
Actionable news in SWN: SOUTHWESTERN ENERGY COMPANY,

Something pretty strange happened in the market

How's this for a role reversal?

On a bitter opening to 2016 for markets, Monday's three best performers — Chesapeake Energy, Consol Energy, and Southwestern Energy — were the worst performers of 2015. Even stranger, they finished in the same order on the Monday leader board that they did on the 2015 loser board:

What makes the action even more unusual is that it can't be pegged to oil. All three stocks are highly levered to raw energy prices, which...


More