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$16.52 -1.19 (-6.72%)
10/10/2008 4:06 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

4

Avatar travelller (78.45) Submitted: 12/28/06 8:45 PM : Outperform Start Price: $29.00 CHK Score: 69.24

Disclosure: I bought some shares @31 recently.

Pro: The low price of natural gas provides a decent entry for some CHK shares.

Note: As long as CHK is spending money like water in its bid to secure its stock of natural gas, the share price may not rise too much (i.e. patience).

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