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$49.39 0.77 (1.58%)
8/21/2008 4:00 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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Avatar bmw201030 (96.97) Submitted: 4/04/07 5:11 PM : Outperform Start Price: $31.86 CHK Score: 66.09

this company hold 8.4 TRILLION cubic feet of proven natural gas reserves and close to 15 trillion cubic feet of unproven nat gas reserves. The company is selling for approx $0.60 per dollar of intrinsic value.....now that's cheap. I don't own this in my real portfolio yet but it's near the top of the list for my next purchase. I'm going to watch this over the summer because we might get a better price while heating costs come down in the next few months as demand pulls back.

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