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Matt Badiali: Why Bill Powers Is Dead WrongThe Energy Report • Fri, May 24 -
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Chesapeake Energy Q2 2010 Earnings Call TranscriptWed, Aug 4, 2010
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Chesapeake Energy Q1 2010 Earnings Call TranscriptWed, May 5, 2010
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Chesapeake Energy Corporation Q4 2009 Earnings Call TranscriptThu, Feb 18, 2010
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Chesapeake Energy Corporation Q3 2009 Earnings Call TranscriptTue, Nov 3, 2009
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Chesapeake Energy Corporation Q2 2009 Earnings Call TranscriptTue, Aug 4, 2009
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Business Wire (Mon, 4:01PM)
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Business Wire (Mon, 7:01AM)
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Business Wire (Fri, 11:26AM)
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at MarketWatch.com (Jun 4, 2013)
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at CNBC.com (Jun 3, 2013)
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at MarketWatch.com (May 31, 2013)
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at MarketWatch.com (May 23, 2013)
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at CNBC.com (May 23, 2013)
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at MarketWatch.com (May 22, 2013)
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at CNBC.com (May 22, 2013)
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at CNBC.com (May 21, 2013)
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Business Wire (May 20, 2013)
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at MarketWatch.com (May 20, 2013)
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at MarketWatch.com (May 20, 2013)
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at CNBC.com (May 20, 2013)
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at CNBC.com (May 20, 2013)
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at Fox Business (May 20, 2013)
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Business Wire (May 20, 2013)
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at MarketWatch.com (May 17, 2013)
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at MarketWatch.com (May 16, 2013)
CHK vs. ETF Alternatives
Company Description
We are the second-largest producer of natural gas in the United States. We own interests in approximately 44,100 producing natural gas and oil wells that are currently producing approximately 2.4 billion cubic feet equivalent, or bcfe, per day, 93% of which is natural gas. Our strategy is... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, August 21, 2012, 10:47 AM Is Chesapeake (CHK +3.5%) enjoying something of a renaissance? Shares have quietly advanced 34% in the past three months, natural gas prices have climbed 45% from the April low, and CHK may be getting its house in order. Canaccord reiterates its Buy rating, noting that CHK's net debt should end $1B less than the year-end 2012 target of $9.5B. 1 Comment [Energy, On the Move]
- Wednesday, August 15, 2012, 6:11 PM Crude oil production in the Permian basin will rise by ~60% to reach at least 1.82M bbl/day by 2016, energy consultancy Bentek says. Output will surpass existing pipeline capacity by early next year, but ~1M bbl/day of new takeaway capacity is slated to come online by the end of 2014. 4 Comments [Energy]
- Wednesday, August 15, 2012, 11:56 AM Sinopec's (SNP) plan to invest up to $1B in a Texas clean coal project could be a precursor to a purchase of Chesapeake's (CHK) Permian Basin oil fields, Christopher Helman speculates. The project aims to capture CO2 emissions from coal, then inject it into old oil fields to coax out more crude; Helman thinks SNP could be securing a long-term CO2 supply before announcing a CHK deal. 2 Comments [Energy]
- Tuesday, August 14, 2012, 5:11 PM More on Dan Loeb's Third Point: The fund opened up a 5M share stake in Chesapeake Energy (CHK) in Q2. Other companies in which new stakes were taken: AIG - 2.25M shares. LINTA - 3.25M. NWSA - 4M. Companies in which Loeb liquidated his positions include ANF, CSCO, GOOG, and MCK. (13-F) 1 Comment [Consumer, Energy]
- Sunday, August 12, 2012, 4:11 AM With 77% of Chesapeake's (CHK) estimates of its reserves produced by independent firms in 2011 vs. an average of 89% for nine rivals, investors are concerned that Chesapeake's figures are overly aggressive and may need to be written down in the future. Chesapeake is already known as the "number one cutter of reserves." 8 Comments [Energy]
- Friday, August 10, 2012, 6:16 PM Chesapeake (CHK) is racing to sell assets to fund operations, and its planned sale of poperties in Michigan was expected to fetch up to $500M, but that was before the U.S. government's antitrust probe. Now, liability risk - and potentially poor drilling results - may have slashed the value of the leases, and some analysts say the leases may be hard to sell at any price. 3 Comments [Energy]
- Friday, August 10, 2012, 3:05 PM Chesapeake (CHK -3.8%) shares slide a day after after the company disclosed it has received a Justice Department subpoena related to land deals it made in Michigan. Four days before the government asked for documents, Reuters reported CHK colluded with Encana (ECA -0.2%) to suppress land prices in areas considered rich in oil and natural gas. 3 Comments [Energy, On the Move]
- Thursday, August 9, 2012, 5:59 PM Chesapeake Energy (CHK) says it is the subject of a U.S. antitrust investigation over possible violations in its purchase and lease of oil and gas rights. CHK reportedly plotted with Encana (ECA) to suppress land prices in a promising oil and gas play in Michigan. Shares -1.4% AH. (10-Q) 5 Comments [Energy, On the Move]
- Tuesday, August 7, 2012, 2:54 PM Investors cheer Chesapeake's (CHK +9.2%) plans to sell another $5B in assets in the next year and a half (also), pushing shares near the top of the day's S&P leader board. But some analysts still say CHK has become too dependent on asset sales to provide liquidity, with "a flood of acreage deals available [and] weaker oil and gas pricing than before." Comment! [Energy, On the Move]
- Tuesday, August 7, 2012, 10:34 AM Chesapeake (CHK +9%) surges after its Q2 earnings conference call, as CHK raises 2012 and 2013 production guidance, expects 2013 capex to fall 45% vs. 2012, and sees an additional $4B-$5B in asset sales in 2013. The U.S. is at a start of a multiyear up cycle in gas market fundamentals, CEO McClendon says, with $1.84/MMBtu representing a bottom. Comment! [Energy, On the Move]
- Tuesday, August 7, 2012, 8:04 AM Chesapeake (CHK) +3.7% premarket following its Q2 earnings yesterday. The company expects to complete asset sales of $7B in Q3 after divesting $4.7B worth in H1 as it strives to cover a $10B funding gap. Chesapeake tweaks its FY "divestiture guidance" to $13-14B from $11.5-14B. Comment! [Earnings, Energy, On the Move]
- Monday, August 6, 2012, 4:32 PM Chesapeake Energy (CHK): Q2 EPS of $0.06 misses by $0.03. Revenue of $3.39B (+2.1% Y/Y) beats by $7M. Daily production averaged 3.808 bcfe, +25% Y/Y and +4% Q/Q. Shares +3.4% AH. (PR) 6 Comments [Energy, Earnings, On the Move]
- Monday, August 6, 2012, 11:27 AM Many energy stocks trade "near liquidation value," and the group is valued at "trough" levels, some analysts say, as the price ratio of energy stocks relative to the S&P 500 is near lows reached at the 2009 market bottom and in 2010-11. Among favorites: CVX, XOM, RDS.A, APA, APC, HES, HAL, SLB. Avoid gas-oriented issues such as CHK, SWN, ECA. 13 Comments [Energy, Quick Ideas]
- Monday, August 6, 2012, 9:06 AM Chesapeake (CHK) is downgraded to Market Perform by BMO Capital, prompted by "a story still chock-full of operating and financial risk, and one where the turnaround appeal is fading." CHK is scheduled to issue its Q2 report after today's close; adjusted net income is estimated to fall more than 80% to ~$100M from $571M a year earlier. CHK -1% premarket. Comment! [Energy, Quick Ideas]
- Monday, August 6, 2012, 12:10 AM Notable earnings after Monday’s close: ALNY, ALSK, BKD, CBOU, CF, CHK, CLNE, CXO, GA, GEOY, HALO, LEAP, MDR, MR, MTW, NQ, NRP, OAS, PNG, SB, TWTC Comment! [Earnings]
- Sunday, August 5, 2012, 5:35 PM Notable earnings after Monday’s close: ALNY, ALSK, BKD, CBOU, CF, CHK, CLNE, CXO, GA, GEOY, HALO, LEAP, MDR, MR, MTW, NQ, NRP, OAS, PNG, SB, TWTC 3 Comments [Earnings]
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Preferred Research
CHK not looking good. Somebody knows something that we don't know and it is not good. - View all 3 replies
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Bruce Whitaker
Placed a bet w/Carl Ichan that CHK is washed out. They won't call it a breakup but a parade of buyers are or will be pouring over the data. - View all 0 replies
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Bob de'Long
10 Oct 2008: CHK CEO McClendon sold 31 million shs; 18 min later he e-mailed employees urging them "just to ignore" the decline i CHK shares - View all 0 replies
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FortSumter: This compnay is like the next Enron or WorldCom or Tyco. What other skeletons are in Aubrey's closet? -
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papayamon: we will need a decent winter this year or else it's big trouble again for both gas and coal companies.
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Joe Springer
CHK laying off workers as it runs out of money to drill: http://bit.ly/L3gZGX;CHK&ticker=CHK:US - View all 5 replies
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Energysystems: Haha, I'm not a buyer nor anywhere near a bull on them Joe. But they cut meaningless jobs in an area that they're now barely drilling.
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Bob de'Long
Louisiana pension fund sues Hamm's CLR - sort of like McClendon's CHK conflict of interest - I own some CLR. http://bit.ly/L8VCZe - View all 0 replies
LATEST REPLIES
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forlamesignups: Bought a small amount of GLUU at 4.41 yesterday. Primary position in at 4.19. Riding until earnings and reassessing
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Ricardo Espinosa: I do think 53 is reacheable next week, but if it goes below 50, I´m out.
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Bret Kenwell: good targets. may follow you in. I currently long POT, when it sold off to 42.5 ish. But like you, if that breaks, I'm gone.
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DAG1996: i hear ya about waiting for 'one day'... why i'm not buying anymore specs right now... opportunity costs of having the money tied up
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John Rayhall: Too many spec is def not good you're lucky of 1 out fo 5 of them hit. Thanks I think JOEZ easily goes over 2 maybe even to 3 this year.
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Julius Ferraro
Well i gave up :( sold NFX and NFG for a loss. Sold CHK 20 puts to remain exposed to nat gas and try and recoup some - View all 5 replies
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Bret Kenwell: though hard (psychologically) cutting losers is a good thing. No need to throw good money after bad if you know what i mean
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Julius Ferraro: @Rube I had that feeling 30 min ago when i sold but i can see now it wasn't lol. Regardless CHK is a better run company then NFX imo
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bigazul: Probably see $18 before it flips. Go for a company that doesn't have to liquidate every six months.
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Jack Wildcat
CHK: Sell and don't look back. No one wants to buy a company for $15-$20 billion and add on the debt of $9-$10 billion. - View all 3 replies
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Jack Wildcat: Their assets are worth $48-$60 billion liquidated? You might want to read a balance sheet every once in a while.
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WheresTheDough: I think SDT floats with price of oil. $SD is known as recklessly agressive with debt. Just sayin' ;)
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hotnutsjesus: yeah, I am up 12%. it has been performing well lately, but is prone to volatility. It's certainly a long play.
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Todd Johnson
Short $CHK, $EOG. $2.25 mmbtu sounds reasonable. Another 12% drop and we are in the $1.xx range. - View all 1 replies
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Ocean Man: I'll sell you the puts on those directly if you want to skip the commissions.
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Minnesota_Steve: Yes - resumption. The story is good this year. But one miss on a quarter could be equally devastating short term.
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Day Trader001
Anyone have data on SD buying FTTN for 4.00ps? FTTN has been driven down the last month. CHK - View all 1 replies
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Seekingalfalfa: I've been surprised by recent data related to the supply/demand situation. Much more positive for CHK than I would have anticipated.