September 26, 2017 @ 7:56 pm | Breaking News, CHK, Jubak Top 50 Portfolio, Update |
Today, Chesapeake Energy (CHK), the second largest U.S. producer of natural gas, said that it expects to see production in the third quarter of 542,000 barrels of oil equivalent a day versus the previous estimate of 550,000. The company also lowered its forecast for...
August 4, 2017 @ 7:41 pm | Breaking News, CHK, Jubak Top 50 Portfolio, Update, Volatility |
There’s really nothing wrong with Chesapeake Energy (CHK) that an increase in natural gas prices wouldn’t fix. Yesterday, August 3, Chesapeake reported second quarter earnings of 18 cents a share after subtracting one-time events. In the second quarter of...
August 3, 2017 @ 1:49 pm | Breaking News, Volatility, You May Have Missed |
The earnings reports from U.S. oil shale producers are painting a very uniform picture so far: Production was up in the second quarter; capital spending budgets will be reduced for the remainder of 2017; and despite those capital spending cuts production is expected...
December 5, 2016 @ 8:21 pm | Breaking News, CHK, Jubak Top 50 Portfolio |
Today Chesapeake Energy (CHK), the second largest U.S. producer of natural gas, announced a deal to sell 78,000 acres in Louisiana’s Haynesville Shale for $450 million to Indigo Minerals. The deal brings Chesapeake’s asset sales in 2016 to $2 billion. The...
September 27, 2016 @ 7:43 pm | CHK, Jubak Top 50 Portfolio, Update, Volatility |
Update September 27, 2016 Earlier this month Carl Icahn cut his position in Chesapeake Energy (CHK) by more than half. Nothing to worry about for other shareholders, he said. The sale was for tax reasons. Well, today that “Move along. Nothing to see here”...
September 6, 2016 @ 7:39 pm | CHK, Jubak Top 50 Portfolio |
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...
March 7, 2016 @ 2:10 pm | Buy, CHK, Jubak Top 50 Portfolio |
In the process of revising the long-term 50 Picks portfolio and selling my short-term position, I seem to have deleted the entry for Chesapeake Energy (CHK) in my long-term Jubak 50 portfolio. It should still be that portfolio–even though I’ve sold it out of the 12-18...
July 31, 2009 @ 6:00 pm | Breaking News, CHK, Leading Indicators |
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...