An Update On 5 Natural Gas Stocks To Own
Asean Century
•
Tue, May 21
Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
18,470 people get CHK articles and Market Currents by email alert.
Get email alerts on CHK »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
Business Wire (Mon, 10:53PM)
-
-
-
Business Wire (Mon, 7:01AM)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
To learn more about Seeking Alpha Pro, click here.
-
An Update On 5 Natural Gas Stocks To OwnAsean Century • Tue, May 21
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Chesapeake Energy Q2 2010 Earnings Call TranscriptWed, Aug 4, 2010
-
Chesapeake Energy Q1 2010 Earnings Call TranscriptWed, May 5, 2010
-
Chesapeake Energy Corporation Q4 2009 Earnings Call TranscriptThu, Feb 18, 2010
-
Chesapeake Energy Corporation Q3 2009 Earnings Call TranscriptTue, Nov 3, 2009
-
Chesapeake Energy Corporation Q2 2009 Earnings Call TranscriptTue, Aug 4, 2009
-
Chesapeake Energy Corporation Q1 2009 Earnings Call TranscriptTue, May 5, 2009
-
The Trader's Expo New York: A Commodity Trader's Stock Picks TranscriptFri, Feb 27, 2009 • 3 Comments
-
Business Wire (Mon, 10:53PM)
-
at MarketWatch.com (Mon, 4:58PM)
-
at MarketWatch.com (Mon, 4:33PM)
-
at CNBC.com (Mon, 8:34AM)
-
at CNBC.com (Mon, 8:00AM)
-
at Fox Business (Mon, 7:20AM)
-
Business Wire (Mon, 7:01AM)
-
at MarketWatch.com (Fri, 5:23PM)
-
at MarketWatch.com (Thu, 4:32PM)
-
at CNBC.com (Thu, 5:59AM)
-
at MarketWatch.com (May 13, 2013)
-
at CNBC.com (May 9, 2013)
-
Business Wire (May 8, 2013)
-
at MarketWatch.com (May 3, 2013)
-
Business Wire (May 3, 2013)
-
at MarketWatch.com (May 1, 2013)
-
at MarketWatch.com (May 1, 2013)
-
at CNBC.com (May 1, 2013)
-
at MarketWatch.com (May 1, 2013)
-
at Fox Business (May 1, 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
- Wednesday, May 1, 8:15 AM SemGroup (SEMG) agrees to acquire Mississippi Lime midstream assets from Chesapeake Energy (CHK) for $300M. SEMG says the deal will lift its total processing capacity to 600M cf/day in Oklahoma and with ~655K net acre dedications within the core of the Mississippi Lime play. Completion of two cryogenic processing plants will require ~$125M in capex. Comment! [Energy, M&A]
- Wednesday, February 27, 5:58 PM Along with its Q4 results, Western Gas (WES) announces it's buying a 33.75% interest in Marcellus shale gas gathering systems from Anadarko (APC) for $490M, and a similar interest in Marcellus gathering systems from Chesapeake (CHK) for $133.5M. The assets have a combined throughput of over 1.2 Bcf/d. WES plans to to finance the purchases with $220M in cash on hand, credit facility borrowings, and the issuing of 449K shares at an implied price of $54.55. (PR) 1 Comment [Energy, M&A]
- Thursday, January 31, 12:28 PM Chesapeake (CHK) will no longer be run by Aubrey McClendon, but the company he founded is far from rid of him. He is entitled to ~$47M in total compensation, but the most enduring entanglement is his interests in up to 2.5% of ~45K producing wells, which could make it harder to structure a takeover deal. "It's hard for me to imagine anyone wanting to take it all on," Argus' Phil Weiss says. 11 Comments [Energy, M&A]
- Wednesday, January 30, 10:52 AM Chesapeake's (CHK +6.4%) Archie Dunham says "the company is not for sale," but getting McClendon out removes a big obstacle in the way of a hostile takeover. CHK would make a juicy target for Asian state-controlled oil firms, Bernstein's Neil Beveridge writes; E&Ps with shale acreage or deepwater discoveries but lacking capital to develop the assets are exactly what they're looking for, given their access to low cost financing. 6 Comments [Energy, M&A, On the Move]
- Wednesday, January 30, 9:45 AM Aubrey McClendon's departure has some wondering if his “philosophical differences” with the board are about whether Chesapeake (CHK +10.8%) could be shopping itself. Stifel Nicolaus upgrades shares to Buy on the expectation that McClendon's ouster "could lead to the whole company being put into play or at least, and more likely, a more aggressive shrinking of the asset base.” 2 Comments [Energy, M&A, On the Move]
- Thursday, December 13, 2012, 8:30 AM Plains All American (PAA) acquires Eagle Ford crude oil and condensate gathering assets from a subsidiary of Chesapeake Energy (CHK) for ~$125M. The acquired assets include ~40 miles of crude oil and condensate gathering pipelines with a throughput capacity of ~50K bbl/day; 150K barrels of existing storage capacity and 300K barrels of capacity under construction. PAA +1.8% premarket. Comment! [Energy, M&A, On the Move]
- Tuesday, December 11, 2012, 5:43 PM Chesapeake Energy (CHK) agrees to sell a substantial majority of its remaining midstream assets to Access Midstream Partners (ACMP) for ~$2.16B; the assets are located primarily in the Marcellus, Utica, Eagle Ford, Haynesville and Niobrara shale plays. CHK also anticipates completing the sale of its remaining midstream assets by the end of Q1 2013 for ~$425M. CHK +0.3% AH. 18 Comments [Energy, M&A]
- Wednesday, September 12, 2012, 11:54 AM Chesapeake (CHK -1.1%) swings sharply lower after its opening pop, as analysts question whether it got top dollar for the Permian Basin acreage; some had expected the sales to reap $4B-$5B (I, II, III). The deal has "helped them climb up the wall in this hole they've dug for themselves, but they are not there yet," Argus' Phil Weiss says. 5 Comments [Energy, M&A, On the Move]
- Wednesday, September 12, 2012, 10:59 AM Chevron's (CVX +0.2%) part in of Chesapeake’s (CHK +0.1%) $6.9B land sale in the Permian Basin isn’t a surprise to Tudor Pickering considering the oil giant’s presence there already, but it’s "somewhat surprising" Shell (RDS.A -0.2%) is involved, as it has "not much, if any, Permian exposure currently." 2 Comments [Energy, M&A]
- Wednesday, September 12, 2012, 7:29 AM More on the Chesapeake (CHK) sales: The Permian Basin assets alone fetched $3.3B - "a little light," says Hedgeye's Kevin Kaiser, as most were looking for $4-6B. He also notes the company was unable to sell its undeveloped Midland Basin acreage and will need to hang onto it. The shares continue higher, +2.7% premarket. 2 Comments [Energy, On the Move, M&A]
- Wednesday, September 12, 2012, 7:22 AM Chesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of its Permian assets, among other properties. A portion of the proceeds will be used to repay $4B in term loans during Q4. The move brings YTD sales of $11.6B, says CEO McClendon, and he expects the company to hit its full-year goal of $13B-1$4B. Shares +1.7% premarket. (PR) 1 Comment [Energy, M&A, Breaking News]
- Friday, June 8, 2012, 8:19 AM Following the purchase of Chesapeake Energy's (CHK) interests, Chesapeake Midstream Partners (CHKM) affirms EBITA guidance for FY 2012 of $475M with expansion capital expenditures of $660M and maintenance capital expenditures of $74M. CHKM +2.5% premarket. Comment! [Energy, M&A, On the Move]
- Friday, June 8, 2012, 8:09 AM Chesapeake Energy (CHK) confirms it plans to sell its assets in Chesapeake Midstream Partners (CHKM) to Global Infrastructure Partners in three separate transactions for expected cash proceeds of more than $4B. CHK says the midstream divestitures will enable it to reduce previously budgeted capex by ~$3B over the next three years. CHK +2.5% premarket. Comment! [Energy, M&A, On the Move]
- Wednesday, June 6, 2012, 5:49 AM Chesapeake Energy (CHK) is in advanced discussions to sell its 45.2% limited partner interest in Chesapeake Midstream (CHKM) and other pipeline assets to Global Infrastructure for over $4B. The deal would be part of Chesapeake's strategy to sell assets as it faces a cash-flow shortfall that Alembic analyst James Sullivan believes could hit $22B by the end of 2013. 2 Comments [M&A, Top Stories, Energy]
- Wednesday, May 30, 2012, 10:59 AM Bloomberg discusses Chesapeake (CHK -3%) as a potential takeover target due to its currently depressed valuation. CHK’s equity and net debt are valued at $9.19 for each barrel of oil equivalent, Bloomberg calculates, lowest among U.S. oil and gas explorers with market caps greater than $5B. 3 Comments [Energy, M&A, On the Move]
- Tuesday, January 3, 2012, 3:27 AM Total (TOT) and Chesapeake Energy (CHK) enter into a shale JV based in Ohio. Total will take a 25% stake and has paid $700M up front, with a commitment to pay another $1.63B over up to 7 years to help cover capital spending in the venture. (PR) 1 Comment [M&A, Energy]
-
Sir. Monaco
$CHK new ceo is a good thing, but doesn't change the balance sheet, the pro forma story is kindda ruined with CHK, nat gas injections see - View all 1 replies
-
Sir. Monaco: consistent,PowerBurn has next five weeks at: +94, +100, +99, +97, +92...WHICH ROCKETS US ABOVE THE 5YR AVG, another gas price correction com
-
- View all 0 replies
-
Mike Maher
Ohio DNR confrence starting now follow #ohioutica for updates $MHR $GPOR $PDCE $CHK $HES http://bit.ly/19zrYVh - View all 6 replies
-
Kevin Chapman: "Richard Zeits states it is a buyers market in the shale plays". Sounded similar of the recent articles he wrote about $CHK/Marcellus sales -
Mike Maher: SA should talk that up, give the man credit where credit is due
-
Sir. Monaco
if I was Icahn and other $CHK shareholders I would be pissed that GS hyped natural gas, -today JPM shoves CHK off the cliff for good reason, - View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
inandoutnevertoolate
Major disconnect forming between nat gas $UNG stocks and nat gas prices $SD $CHK both on the run up and the plunge today. Watching closely - View all 0 replies
-
- View all 1 replies
-
-
Sir. Monaco
$CHK $UNG - these two are going to be exciting over the next few weeks, from what we can tell there is a battle between the investment banks - View all 5 replies
-
Jonathan N: No kidding! How can someone justify further advances if we overtake the 5 year avg. The only reason I see to go long anymore is momentum. -
GJN: Does price spike seem like it's NG fundamentals? Appears more like high freq trading and HF computers pinging each other to push NG higher
-
Sir. Monaco
$CHK selling more gas fields for operations, my instablog gives opinion insight on what really is going on with CHK right now, "Icahn" - View all 0 replies
LATEST REPLIES
-
Mike Maher
Ohio DNR confrence starting now follow #ohioutica for updates $MHR $GPOR $PDCE $CHK $HES http://bit.ly/19zrYVh - View all 6 replies
-
Kevin Chapman: "Richard Zeits states it is a buyers market in the shale plays". Sounded similar of the recent articles he wrote about $CHK/Marcellus sales
-
Mike Maher: SA should talk that up, give the man credit where credit is due
-
- View all 1 replies
-
-
Sir. Monaco
$CHK $UNG - these two are going to be exciting over the next few weeks, from what we can tell there is a battle between the investment banks - View all 5 replies
-
Jonathan N: No kidding! How can someone justify further advances if we overtake the 5 year avg. The only reason I see to go long anymore is momentum.
-
GJN: Does price spike seem like it's NG fundamentals? Appears more like high freq trading and HF computers pinging each other to push NG higher
-
Jason Burack
At these improving US natural gas prices $CHK $DVN $UPL can probably make pretty good profits - View all 2 replies
-
-
Jason Burack: Because of their debt levels probably had to hedge some but still very good upside when hedges come off.
-
- View all 1 replies
-
-
Todd Johnson
$SD, $SDT, $CHKR, $CHK Short these names unless one knows what the value of undrilled wells are. Ex-CEO's are < than 2-thumbs up. TJ - View all 7 replies
-
-
Zeus2012: Bought some over a week ago at $13.50. Don't think it'll drop that low though
-
- View all 28 replies
-
Jim Warlick: I've seen a large amount of research on ORCL and largely expect them to achieve 10-15% earnings this year. Watch developing cloud tech. BUY
-
-
Michael Bryant
Will Buffett buy Chesapeake Energy ($CHK), Anadarko Petroleum ($APC), or Devon Energy ($DVN) for natural gas? http://bit.ly/XF5pie - View all 1 replies
-
-
Jason Burack
Porter Stansberry is right. Long term $CHK & $DVN are selling for way below book & good investments. But, no real near term catalysts yet. - View all 17 replies
-
Jason Burack: I told people who followed my work to start buying $LNG in 2009 when it crashed to 6 and keep accumulating when it was still at 14-15.
-
-
- View all 2 replies
-
-
Ocean Man: Very interesting. I'd seen nothing but bullish long-term comments on SD the past few weeks.
-
- View all 1 replies
-
-
- View all 1 replies
-
-
Bob de'Long
$CHK today announced that CEO Aubrey K. McClendon, has agreed to retire from the company on April 1, 2013. - View all 2 replies
-
-
-
- View all 4 replies
-
Jim Fish: Wow... didn't expect that news today. That's great for the stock - will be interesting to see who takes over. -
Alan Brochstein: There are a ton of people who wouldn't buy CHK at any price with Aubrey there - I think that the 10% move is probably less than half...
-
- View all 5 replies
-
neobliviscar: Newell: you must live in New York. I like the stock, but lower Manhattan reception akin to smoke signals. -
