Chesapeake Energy’s Quarterly Profit Rises 91 Percent

Bloomberg reported that Chesapeake Energy Corp. (NYSE:CHK) announced a 91 percent rise in its quarterly profit.

As quoted in the market news:

Second-quarter net income rose 91 percent to $972 million, or $1.29 cents a share, from $510 million, or 68 cents, a year earlier, the Oklahoma City-based company said in a statement yesterday.

Click here to read the full Bloomberg report.