*Target and Lowe's rally after results. Shares of retailers Target Corp and Lowe's Cos Inc rose, giving the S&P 500 its biggest boosts.
*Fourth-quarter adj profit $0.27/ share vs est $0.41. Feb 26- Chesapeake Energy Corp reported quarterly results that missed Wall Street estimates by a wide margin because of weak production, sending its shares sharply lower on Wednesday. Chesapeake's stock fell as much as 8 percent on the New York Stock Exchange on Wednesday morning.
*Target and Lowe's rally after results. NEW YORK, Feb 26- U.S. stocks were mostly flat on Wednesday as, for a third straight session, equities were unable to hold onto gains that took the S&P 500 near record levels.
U.S. stock index futures pushed higher on Wednesday ahead of more housing data and several quarterly fourth quarter earnings updates.
*Fourth-quarter adj profit $0.27/ share vs est $0.41. Feb 26- Chesapeake Energy Corp said it planned to cut drilling and well-completion costs by nearly $900 million in 2014 after reporting quarterly results that missed analysts' estimates.
Feb 26- Chesapeake Energy Corp swung to a quarterly net loss, hurt by charges related to its efforts to reduce debt and simplify its balance sheet. The No.2 U.S. natural gas producer reported a net loss of $159 million, or 24 cents per share for the fourth quarter, compared with a net profit of $250 million, or 39 cents per share, a year earlier.
NEW YORK/ HOUSTON, Feb 26- Encana Corp and Chesapeake Energy Corp are negotiating civil settlements with the state of Michigan to try to end its criminal investigation into whether the energy companies colluded to keep oil and gas lease prices artificially low in the state.
HOUSTON, Feb 25,- Chesapeake Energy Corp ousted its former chief executive Aubrey McClendon last April after a governance scandal and a liquidity crisis.
Feb 24- Chesapeake Energy Corporation said it is pursuing strategic alternatives for its oilfield services division, including an outright sale or a potential spin off to Chesapeake shareholders.
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
Take a look at some of Wednesday's midday movers:
CHICAGO, Feb 19- Sick of hearing Americans complain about the winter weather? Because the corporate kvetching has only just begun.
*To move headquarters to Houston from Los Angeles. Feb 14- Occidental Petroleum Corp said it would spin off its oil and gas assets in California into a separately traded company and move its headquarters from Los Angeles to Houston, where it will be closer to its largest U.S. operations.
*Q4 orders fall 5 pct to $10 bln vs $9.9 bln f'cast. The company, which makes products ranging from power grids for utilities to industrial robots, said sales growth this year would be challenging as uncertainty in emerging markets, like China, offset growth in the United States and parts of Europe.
The Department of Energy on Tuesday granted conditional approval to a Cameron Parish, Louisiana, terminal to export liquefied natural gas.
The brutally cold winter has lit a fire under natural gas prices, testing assumptions that shale can provide inexpensive energy for decades to come.
HOUSTON, Feb 6- Unusually frigid weather was blamed for slipping output of natural gas in the United States on Thursday as California warned of short supplies and No. 2 U.S. producer Chesapeake Energy Corp said foul weather hurt its operations.
*Noble gets cold weather boost in Israel. HOUSTON, Feb 6- Chesapeake Energy Corp, the No. 2 natural gas producer in the United States, said on Thursday unusually cold weather across much of the country was hurting its operations as data showed slipping U.S. output.
HOUSTON, Feb 6- Chesapeake Energy Corp, the No. 2 natural gas producer in the United States, said on Thursday that unusually cold weather across much of the country was hurting its output. On Tuesday, Chuck Meloy, an executive at Anadarko Petroleum Corp, said on a conference call the company's operations in Colorado were finally returning to normal.
*Expects total capital expenditure at $5.2- $5.6 bln. Feb 6- Chesapeake Energy Corp cut its capital budget for the year by more than a fifth as CEO Doug Lawler focuses on drilling in U.S. shale basins that offer the best returns such as the Eagle Ford field in south Texas.