+ Watch CHK
on My Watchlist
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.
I've been burned on this stock so many times, I could qualify as kindling, but I'm going to chance that they have found a floor at 15-17 and will pull up over the next three years. Icahn will either wring profits out of CHK or wring McClendon's neck. Either way, I'll be satisfied!!
"I've been burned on this stock so many times, I could qualify as kindling..." Made my day thanks.
Mcclendon is out.........Now maybe we can concentrate on shareholder value as opposed to Mcclendon's.
Thanks, friendsI've been in and out of CHK for over a decade. So, first, Bobby, glad to give you a chuckle...gotta keep your sense of humor playing this game. LORDZ, yeah, he's gone...hope we still kept his stinkin' maps. Sadly, the situation for natural gas hasn't gotten much better of yet, and I think CHK is more likely to get dismembered trying to stay in business than get bought out. They still have a board that seems to believe in "BUY High....SELL Low". I thought these people were supposed to be good...
once they find a way to export NG ....all of the low cost producers will see massive profits...the only issue is whether that happens before or after CHK runs out of money. Debt is obviously their biggest problem, but they are selling at roughly a 68% discount to the value of their assets at this point. At a lifting cost of $6 per BOE$ , they are one of the cheapest producers around...and when they can be profitable at lower points than others, that gives them a distinct advantage...given the above factors, I consider the risk reward ratio skewed strongly to the upside.. but...hey what do I know... I deliver pizza for a living...Good luck with your CAPS call... I am long on this one as wellScott
I only have $400.00 to invest every month and am trying to invest it wisely long term.HELP I have sdrl and KMP
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions