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Update Chesapeake Energy

Update Chesapeake Energy

Update September 6. Today shares of Chesapeake Energy (CHK) climbed 3.03% to close at $6.80 in the first post-Labor-Day trading session. The shares finished 24.8% ahead in August. Part of this was thanks to the market. A weaker than expected report on the...

So who won the elections?–which stocks? I mean

The U.S Chamber of Commerce had spent $35 million on the mid-term elections as of November 2, according to the Center for Responsive Politics. American Crossroads, another independent organization, spent $22 million. The Club for Growth $8 million. The National...

Head to head: Petrobras vs. StatoilHydro

So which would you rather own, Petrobras (PBR) or StatoilHydro (STO)? On the surface that’s a no brainer. Petrobras is sitting on new deep sea finds in the South Atlantic that will, probably, double the company’s oil reserves. StatoilHydro’s production is concentrated...

Look out for natural gas Monday

Last week it was oil companies reporting their earnings numbers. Monday investors get a big dose of numbers from natural companies. The earnings aren’t likely to be pretty although since many producers wrote down billions in assets last quarter–Chesapeake...

The natural gas glut: winners and losers

Got gas? The world has a lot more natural than anybody thought—if you count the unconventional supplies that once were out of reach to drillers. The world has 3,250 trillion cubic feet of unconventional natural gas resources, energy research company PFC Energy said on...