Chesapeake Energy Corp (NYSE:CHK)
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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The only thing holding Chesapeake and other nat gas stocks back is the republican filibuster of the Nat gas/Clean energy bill led by Mitch "I love Kentucky Coal" McConnell. With or without the bill, Nat gas is going to grow dramatically in the future. Oil is going up, Nat gas as a vehicle fuel costs less than half the cost of gasoline. Long haul truckers and large fleet userscan convert to CNG and pay back their investment in a short time, plus Nat Gas burns so much cleaner, it's the most envoronmentally friendly fossil fuel by far. It's 100 percent domestically produced, which makes the country stronger both economically and from a National Security standpoint. it's a no brainer.
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Assets worth three times the share price.
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Carl Ichan bought, and, I believe in T Boone and his ideas that Nat Gas ABSOLUTELY HAS to be a solution to our energy debacle.
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Really wish I had gotten in earlier this year
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Carl says so
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Natural Gas prices are going to go through an upword cycle. Energy demand will only head north.
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Carl has his eye on the untapped value in the balance sheet. Watch him leverage it.
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This stock has been every slow in it's recovery from pre-O'BAMA PRICES
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NATURAL GAS IS GOOD? COMPANY IS UNDER VALUED....BUT I HAVE STOCK IN THIS COMPANY..LOL
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natural gas prices will rebound due to demand for cleaner electrical generation that will outpace build-out of non-fossil-fuel generation (wind, solar, nuclear).
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Left behind overall energy stock boom
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I think the stock will grow and reach 40 a share
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long term valuation, industry leader
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Gvien domestic energy demand this stock will eventually rise. I also like that they are expanding into oil which could be a double boon since oil WILL be in demand and I think nat gas will eventually be a big part of our energy supply
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Stock coming out of a bottom here along with natural gas prices, Production has be held back by many producers on nat gas. A lot of proven reserves and investors buying in now including foreign investors like the Chinese. M&A is climbing fast for Nat Gas producers should help bring good value to those investing in companies like CHK for the long term.
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High Vol. Energy
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cheap stock
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CHK is my chimpcontest entry. It is quite volatile, quite levered, quite hedged, and is just waiting for the merest hint of an economic rebound to show a surge in profits.
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