Chesapeake Energy: Peaking for Now? [View article]
CHK and many other energy companies are good short term shorts imo.
Yes, you SWNs and your XTOs and CHKs will do very well under an Obama (Rom Emanuelle) admin. But I think the author is right to consider that the drivers of these stocks are still many quarters out.
It's simple people...we have had a nationally cold winter starting in October. Some of the highest populated areas have been cold most of the winter... and yet the wellhead price of nat gas at the henry hub is like 2 bucks?!? Do you think that price is going to go up in March when everyone is turning off their heaters?
Chesapeake Energy: Peaking for Now? [View article]
Yes, you SWNs and your XTOs and CHKs will do very well under an Obama (Rom Emanuelle) admin. But I think the author is right to consider that the drivers of these stocks are still many quarters out.
It's simple people...we have had a nationally cold winter starting in October. Some of the highest populated areas have been cold most of the winter... and yet the wellhead price of nat gas at the henry hub is like 2 bucks?!? Do you think that price is going to go up in March when everyone is turning off their heaters?