Chesapeake Energy (CHK +3%) tells a Global Hunter conference it expects to achieve FY 2013...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

Chesapeake Energy (CHK +3%) tells a Global Hunter conference it expects to achieve FY 2013 adjusted net income of $1.09B vs. expectations of ~$1B, sees adjusted EBITDA of $4.92B vs. expectations of ~$5B, and sees total production up 2% Y/Y, Briefing.com reports. Also, a CHK director recently bought 150K-plus shares valued at ~$3M.