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$16.34 -5.24 (-24.28%)
10/15/2008 4:07 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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Avatar hambone555 (62.06) Submitted: 10/05/06 9:00 PM : Outperform Start Price: $28.58 CHK Score: -9.58

Until we ship LPG to our shores on big boats, the U.S. is stuck with a finite supply/storage capacity of natural gas. When the US economy takes off, the price of natural gas with do the same. Crude oil will finds its price and plenty of demand in BRIC. CHK is sitting pretty on the majority of domestic NG. NG is cheap today. So was your house five years ago.

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