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Actionable news in CHK: CHESAPEAKE ENERGY Corp,

Natural Gas Flips to Gains After Smaller-Than-Expected Stockpile Addition

Natural gas prices flipped to gains after government data showed a smaller-than-expected surplus of gas headed into storage last week.

The U.S. Energy Information Administration said natural-gas stockpiles grew by 34 billion cubic feet last week, compared to the 38 bcf expected by forecasters surveyed by The Wall Street Journal. The report is a widely watched measure of supply and demand. A smaller-than-expected addition to storage likely indicates smaller supply or larger demand than expected.

Futures for August delivery recently gained 3.5 cents, or 1.3%, to $2.693 a million British thermal units on the...


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