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$48.40 -0.84 (-1.71%)
8/29/2008 4:02 PM

Chesapeake Energy Corp (CHK)

CAPS Rating:
*****

An oil and natural gas exploration and production company engaged in the acquisition, exploration and development of properties for the production of crude oil and natural gas from underground reservoirs and the marketing of natural gas and oil.

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Recs

6

Avatar SmokeyJoeSmokin (98.33) Submitted: 9/21/06 5:32 PM : Outperform Start Price: $28.85 CHK Score: 111.48

This is a long term play. Although we have an oversupply of NG right now, the long term picture does not look good. In other words, demand will outstrip supply. CHK is the best NG pure play out there. They have a ton of reserves and are continually adding to these. Add all the insider buying on top of all this and you have a winning combo. Go for the long haul!

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