Chesapeake Energy rises on inclusion in S&P Midcap 400 index

Mercury Systems

16/08/2023 23:07

** Shares of oil and gas producer Chesapeake Energy  CHK.O  
rise 5.5% to $87.10 after the bell    
    ** Company to replace Mercury Systems  MRCY.O  in the S&P
Midcap 400 index  .IDX , effective prior to market open on Aug.
21
    ** CHK on Monday said it would sell its remaining Eagle Ford
assets to SilverBow Resources  SBOW.N  for $700 mln, completing
its exit from the south Texas basin 
    ** Up to last close, stock down 12.5% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))