Chesapeake Energy (CHK) Trades Up as Oil, Gas Rise

Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share price of Chesapeake Energy Corp. (NYSE:CHK).

Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.

Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.

Chesapeake Energy Corporation produces natural gas in the United States from onshore fields.

Chesapeake Energy Corp. (CHK) closed at $31.62, gaining $0.32, or 1.02 percent.