Chesapeake Energy approves one-for-hundreds reverse stock split

Jack Money | The Oklahoman

Americans are benefiting through lower fuel prices. On Monday, AAA stated the average price for a gallon of gas in Oklahoma was $1.40, second lowest in the nation.

But energy companies are hurting.

Companies in Texas have requested regulators there require operators to cut their oil production to try to boost the price of West Texas Intermediate crude, and the Oklahoma Energy Producers Alliance and about a dozen of its members’ companies are seeking a similar type of order from regulators here.

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