The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
You are currently following Augustus
Stop FollowingYou are no longer following Augustus
-
88
)
-
CHK can get it out.
Sep 02 06:25 am
|Rating:
0
0
All Comments by Augustus »Chesapeake Energy Called the Market's Bluff [View article]
CHK can market it.
Can they make a profit based upon the nutty costs they incur in doing it?
They have paid some monsterous lease bonuses.
They will also be paying abut double the rig costs for drilling as they have to get this stuff done before the leases expire.
High gas prices and the lust for rapid development may kill the earnings.