Chesapeake Energy Corp (NYSE:CHK)
CAPS Rating:
Chesapeake Energy is a leading producer of natural gas, a heavy producer of oil and natural gas liquids, and a very active driller of new U.S. wells.
Chesapeake Energy is a leading producer of natural gas, a heavy producer of oil and natural gas liquids, and a very active driller of new U.S. wells.
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Recs
increasing demand, oversupplied at present but production has begun to recede. Provides more net energy per $ spent than gasoline at $100/barrel, so - in theory - more demand will be go towards LNG over time as end users shift to a less costly source of energy (time frame of years).