$23.03
-0.37 (-1.58%)
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.
RSS Headlines
Fool UK
Recs
The recent move to possibly issue new shares is confusing. The collapse in commodity prices is also stressing this stock. But CHK has hedged against the commodity prices and commodity prices will recover when growth returns to western economies or everyone realizes that the world economy as a whole is still demanding energy. Going long with a 5 year horizon.