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Chesapeake (CHK +3.6%) is upgraded to Outperform by BMO, which notes CHK has lagged other energy...

  • Monday, April 30, 2012, 12:42 PM ET
    Chesapeake (CHK +3.6%) is upgraded to Outperform by BMO, which notes CHK has lagged other energy stocks by at least 20% in the wake of the McClendon controversy. Yet CHK boasts "a a deep and wide asset base, and one that has fundamental value," and uncertainties around low natural gas prices and asset sales are now reflected in the stock price.
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This news story has 3 comments:

  •  
    The Bank of Montreal? Now there is a conservative bank. Another reasonable voice stating what is pretty obvious. Another reason to ignore the sky is falling run for your life crowd.
    30 Apr 2012, 01:37 PM Reply Like
  •  
    BMO might have it right for moment! However its still will not take care of the 1.1 Loan to its CEO and board going along with it.
    CHK and its CEO has miss lead its share holders.
    I was once long CHK. Now I have more faith in DVN in a more sound, better managed business.
    1 May 2012, 02:47 AM Reply Like
  •  
    This could be the opportunity to get some of your losses
    1 May 2012, 01:44 PM Reply Like
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