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

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.
Comments (1)
  • "Adjusted net income" ???? A euphemism for including one time events in the revenue stream
    26 Jun 2013, 12:02 PM Reply Like
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