UPDATE 1-Chesapeake Energy still curtailing US natgas output, CEO says
Reuters · 09/04 19:53
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Sept 4 (Reuters) - U.S. energy company Chesapeake Energy CHK.O was still curtailing gas output, the company's CEO Nick Dell'Osso said at the Barclays CEO Energy-Power Conference on Wednesday.
Low U.S. gas prices NG-W-HH-SNL so far in 2024 prompted Chesapeake and several other gas suppliers to cut output.
"We are curtailing volumes right ," Dell'Osso said. He , however, that he "would be surprised if we see the magnitude of volumes curtailed this fall that we saw in the spring, but it wouldn't shock me."
(Reporting by Scott DiSavino
Editing by Chris Reese and Lisa Shumaker)
((scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.))
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