Energy News: Chesapeake Energy Corporation (CHK), Exxon Mobil Corporation (XOM), First Solar, Inc. (FSLR)

…“so excited to make this contribution, this investment in Johnson County. We have many of our people who live here and who work here, and we want them to be as safe as possible.”

Exxon-Mobil prepares to decommission Sable gas field (CBC.ca)
Exxon Mobil Corporation (NYSE:XOM) says it’s conducting studies and making plans to wind down Nova Scotia’s first offshore natural gas development near Sable Island. A spokesperson for the company says no date has been set for when decommissioning will begin, or how many years the process could take.

Solar ETF Soars 16% on Bullish First Solar Guidance (Barron’s)
Investors sure do love this guidance from First Solar, Inc. (NASDAQ:FSLR). The volatile solar stock is surging 48% after the company forecast 2013 earnings of $4 to $4.50 a share. That’s putting a charge into high-risk funds that focus on the niche. Guggenheim Solar ETF (TAN), whose biggest holding is First Solar, is surging 16%. Market Vectors Solar Energy (KWT) is up by 9%.

Chesapeake Energy (CHK) Plans Quarterly Dividend of $0.09 (Zolmax)
CHK has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “hold” rating on shares of Chesapeake Energy Corporation (NYSE:CHK) in a research note to investors on Wednesday, April 3rd. On a related note, analysts at Wunderlich reiterated a “buy” rating on shares of Chesapeake Energy in a research note to investors on Tuesday, April 2nd. They now have a $25.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Chesapeake Energy Corporation (NYSE:CHK) in a research note to investors on Monday, April 1st. They now have a $20.00 price target on the stock.