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Energy Stocks; Update on Chesapeake Energy (CHK), McDermott International (MDR) and AES Corporation (AES)

|Includes: AES, Chesapeake Energy Corporation (CHK), MDR

Energy Commentary from Karl Miller -

June 29, 2010 (Investorideas.com energy newswire) - www.InvestorIdeas.com, a leading investor research portal updates energy investors that Karl W. Miller has issued an overweight rating for CHK, MDR, and AES within the Energy Sector Portfolio Allocation.

CHK, MDR and AES are all core holdings of Mr. Miller�s model energy portfolio �Charitable Energy Stocks�. In speaking to Mr. Miller this afternoon, he cited the mix and exposure to the pure natural gas play for CHK; Nuclear, government and sovereign contracts and non-exploration oil and gas engineering exposure to MDR, which is also in process of a tax free split of the Company; and the pure play global electricity generation exposure of AES which utilizes a combination of coal and natural gas in its power plant fleet, as well as a growing renewable energy/wind subsidiary.

Mr. Miller views these Companies as a combination of defensive investments and offensive positioning in the energy market due to the summer cooling season, driving season, and hurricane season in the US as well.

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Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.

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Disclosure: Long Energy Stocks