CHK (27.5% one day loss on Nov. 20)

The Energy Information Administration released weekly Natural Gas storage information for the previous week and inventories were up 16 bcfe. Most analysts were expecting little to no change in inventories and this event had a significant impact on energy companies across the board. The sector severely outpaced the losses inucrred by the broader tape as double digit percentage losses were commonplace for the day. Natural gas prices were also down to the 6.20 level. Highlighting the effect that changes in the price of the commodity have on CHK.