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$66.78 -2.62 (-3.78%)
7/3/2008 1:00 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

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Avatar udlee (33.10) Submitted: 6/18/06 2:25 AM : Outperform Start Price: $26.92 CHK Score: 145.27

CHK continues to add reserves at very attractive prices. The latest acquisition averaged 2.10 per
mcfe. It is located in the Barnett Shale Zone a very active natural gas field in the Fort Worth area. They should hold their finding and production cost to below 1.90 mcfe. This adds up to big profits in the future.

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