Chesapeake Energy (CHK): Q3 EPS of $0.10 in-line. Revenue of $3.0B (-25% Y/Y) beats by $600M. Results exclude noncash after-tax impairment of $2B tied to carrying value of natgas and oil properties. Shares +2.1% AH. (PR) [View news story]
This PROVES CHK is back! All the naysayers and all the negativity. If we ever get a stronger NatGas price (Which we will soon) this stock is going to $40+ a share!! Great work CHK!!! Congrats!!
Chesapeake Energy's CEO Announces Increase of Term Loan to $4.0 Billion (Transcript) [View article]
Rooter28 I would like to personally Thank You for your dedication and sacrifice to our great nation and for making our Country the greatest nation to live and prosper on Earth. Unfortunately there are those that only wish to tear apart the Stars and Stripes and their destructive attacks only show how ignorant they are. If only for one moment they stepped into the shoes of the sweat shop factory worker in China.....or the construction worker in Dubai....how many fall off scaffolds to their death every month.?? And what do they get paid??? Scarcely $100 a month?? Lets turn over all of our policies and controls here in America to ideologies that have failed humankind over and over again and again. That's where the liberal media will take us. And when the Chinese finally do gain the control of America-which is what is their goal.....will anyone look back and remember the ones at fault are staring back in bathroom mirrors all over this country....of course it will be too late then.
What if McClendon is innocent on ALL accusations and all media charges? Then what??? Maybe the whole Wall Street way of doing business is what should be on "trial"....at least in the public opinion...perhaps Mr. McClendon is flying under the rules in place for the very companies that we all allow to operate and willfully invest in...just a thought.
Carl Icahn will want something big in return for his anticipated stake in Chesapeake (CHK +7.5%), and there's even less standing in his way than in his victory in taking control of CVR Energy, where he replaced seven of the nine members of CVR’s board. CEO McClendon owns just 1.78M shares worth barely $30M, and 13%-owner Southeastern Asset likely would welcome Icahn's involvement. [View news story]
This is America. Problems get solved. Companies can turn it around. Everyone out there is interested in throwing in the towel because the media has everyone fooled. Don't buy into the media tear down machine. CHK will be the company that shines bright on that hill of hope that is called the American Enterprise-the greatest place on Earth to realize the impossible.
Chesapeake Energy's CEO Announces Increase of Term Loan to $4.0 Billion (Transcript) [View article]
Last time I checked our lack of an Energy Policy in America is threatening our economic future and threatening our safety by the huge deficits we are running and financing regimes that wish to annihilate us by being addicted to their Oil. Aubrey gives America hope of energy Independence in America. Natural Gas is the only solution-we have a 100+ year supply right here in the good ole USA. That means 100% American Jobs, and 100% American Growth....We don't need to destroy CHK and Aubrey because Congress and the White House would rather give subsidies to the Wind and Solar industry-which by the way will never be able to provide any more than 3% of our energy needs...Wouldn't it make more sense to embrace Natural Gas? Then maybe we'd have a policy that would support and give incentives to produce and supply and use Natural Gas....Fleet Trucks? No wonder T Boone Pickens gave up on Washington....please America wake up!!
Carl Icahn will want something big in return for his anticipated stake in Chesapeake (CHK +7.5%), and there's even less standing in his way than in his victory in taking control of CVR Energy, where he replaced seven of the nine members of CVR’s board. CEO McClendon owns just 1.78M shares worth barely $30M, and 13%-owner Southeastern Asset likely would welcome Icahn's involvement. [View news story]
Icahn knows value when he sees it. This company is too valuable to not succeed. Over time it will reward all investors. Bank on it.
Please look into the wells that CHK is hitting in the UTICA. This is the game changer the company needs. It's the single greatest discovery in the US in the last 35 years. Look at the production of the wells coming on.....and who has the largest acreage position?? Yes...it's CHK. And it's worth $30-40 Billion. Icahn knows value when he sees it.
If you are CNOOC do you really care what the next CHK packaged sale will cost? After all isn't the CHK technology in Shale drilling and exploiting exactly what the Chinese want so they can duplicate it in their own country?? Not to mention they will own a chunk of our last chance gasp at energy I dependence which the very word independence is enough to make the selling price palatable to them at any price
If you are Short CHK tonight your weekend is ruined. Last time I checked Goldman isn't giving anything away....their research team knows exactly what CHK's asset base is and the risk that is at hand.....Breakup value is still above $50.00
This should once and for all stop the Shorts in their tracks. Goldman Sachs knows that the assets of CHK are real and hold tremendous value.....talk to Statoil and CNOOC.....the $10 billion that will be sold (permian basin) will allow CHK to focus on the Utica....where there may be $25 to $30 Billion in reserves....and that is an "OFF BALANCE SHEET ASSET"....in other words it's not listed at any value....but anyone that knows about the energy industry knows that the Utica will be the single biggest discovery in the US probably in the last 35 years!!!
Chesapeake Energy (CHK) is saddled with $1.4B of previously unreported liabilities due over coming years from off-balance sheet deals, WSJ reports. The company has commitments to banks requiring delivery of specific amounts of oil and gas. These so-called VPPs are essentially debts, with payments due in fuel rather than cash. Shares take a tumble, -1.7%. [View news story]
If NatGas was trading at $6 everyone would be raising their beer glass to Aubrey. I believe that the price of the commodity being depressed is the cause of all of CHK's problems. If you don't like capitalism then move to China. Oh wait....CNOOC has bought huge amounts of CHK's acreage plays....so maybe that's the answer.....lets let the Chinese bail out everyone's position in CHK...that will make everyone very happy I'm sure. Wake up!
McClendon Helps Chesapeake Energy Fall From Grace [View article]
So JPMorgan announces $2 billion in losses today.....Hhhhhmmmm...... Dimon at the helm....where's the call for the public flogging? I'll tell you....he's in with the White House and BANKERS can't be touched.....but if it's an ENERGY guy...then drag him thru the streets and tear apart all of his achievements....and then when it's said and done lets keep buying Iranian Oil and Hugo Chavez scraps from his dinner table.....because isn't that what America is all about??
So complicated and convoluted that StatOil and CNOOC paid up for those very properties that will contribute to America's energy independence in 15 years. Just because the media is rewarding those shorting CHK when it's all said and done CHK will emerge and regain its footing and reward stockholders very well over time. We will see what the future holds......nobody knows for sure. But one thing is certain....we are in a worldwide energy grab and when you start to get your arms around the acreage blocks that CHK is holding in the UTTICA etc. it will be hemorrhaging cash very soon.
McClendon Helps Chesapeake Energy Fall From Grace [View article]
Please remember that McClendon started as founder a company called Chesapeake with $50,000. It a decade he became the 2cnd largest NatGas company in America. The FWPP was in place when the company was conceived. Before the media starts pounding nails in coffins maybe somebody needs to remind everyone that it is in the USA's national security interest to produce energy domestically. CHK gives the USA the chance at energy independence. They hold the largest acreage blocks in the most lucrative Shale Plays. Pounding McClendon over and over again with dramatic conjecture will rewards those of you who are short CHK stock. But in the long run, CHK will be an instrumental factor in exporting LNG and giving the USA energy independence in 15 years.
CHK will be bought out by XOM because the assets CHK hold are vital to our national security. At what price will be fun to see. My guess is $ 35 to $ 40
Chesapeake Energy (CHK): Q3 EPS of $0.10 in-line. Revenue of $3.0B (-25% Y/Y) beats by $600M. Results exclude noncash after-tax impairment of $2B tied to carrying value of natgas and oil properties. Shares +2.1% AH. (PR) [View news story]
Chesapeake Energy's CEO Announces Increase of Term Loan to $4.0 Billion (Transcript) [View article]
5 Commodity Stocks Moving On News [View article]
Carl Icahn will want something big in return for his anticipated stake in Chesapeake (CHK +7.5%), and there's even less standing in his way than in his victory in taking control of CVR Energy, where he replaced seven of the nine members of CVR’s board. CEO McClendon owns just 1.78M shares worth barely $30M, and 13%-owner Southeastern Asset likely would welcome Icahn's involvement. [View news story]
Chesapeake Energy's CEO Announces Increase of Term Loan to $4.0 Billion (Transcript) [View article]
Carl Icahn will want something big in return for his anticipated stake in Chesapeake (CHK +7.5%), and there's even less standing in his way than in his victory in taking control of CVR Energy, where he replaced seven of the nine members of CVR’s board. CEO McClendon owns just 1.78M shares worth barely $30M, and 13%-owner Southeastern Asset likely would welcome Icahn's involvement. [View news story]
And now to the rescue: Chesapeake Energy (CHK) says it's gotten a $3B unsecured loan from Goldman Sachs and Jefferies Group, to be repaid from those 2012 asset sales. [View news story]
And now to the rescue: Chesapeake Energy (CHK) says it's gotten a $3B unsecured loan from Goldman Sachs and Jefferies Group, to be repaid from those 2012 asset sales. [View news story]
And now to the rescue: Chesapeake Energy (CHK) says it's gotten a $3B unsecured loan from Goldman Sachs and Jefferies Group, to be repaid from those 2012 asset sales. [View news story]
And now to the rescue: Chesapeake Energy (CHK) says it's gotten a $3B unsecured loan from Goldman Sachs and Jefferies Group, to be repaid from those 2012 asset sales. [View news story]
Chesapeake Energy (CHK) is saddled with $1.4B of previously unreported liabilities due over coming years from off-balance sheet deals, WSJ reports. The company has commitments to banks requiring delivery of specific amounts of oil and gas. These so-called VPPs are essentially debts, with payments due in fuel rather than cash. Shares take a tumble, -1.7%. [View news story]
McClendon Helps Chesapeake Energy Fall From Grace [View article]
5 Commodity Stocks Moving On News [View article]
McClendon Helps Chesapeake Energy Fall From Grace [View article]
5 Commodity Stocks Moving On News [View article]