grandriver
Chesapeake (CHK) is betting on the Haynesville and LNG growth to power results in 2025 and beyond. It has hedges in places and a strong balance sheet as it waits to get there.
Company Profile
CHK is a natural
Chesapeake Is Betting On The Haynesville
Summary
- CHK is favoring its Haynesville acreage over its Marcellus acreage in anticipation of LNG growth in 2025.
- Recent Eagle Ford dispositions give the company a clean balance sheet during a period of low nat gas prices.
- In addition, the company has nice hedge book as it waits for an opportunity in 2025.
Former Senior Equity Analyst at $600M long-short hedge fund Raging Capital.
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