December 29, 2017 @ 6:02 pm | AGN, AUY, BHP, Breaking News, CHK, FLR, GE, Jubak Top 50 Portfolio, POT, SPWR |
In the first week of January I’m going to rebalance, per the strategy I pursue with this portfolio, my long-term 50 Stocks Portfolio. That means I’ll be taking profits in the big winners of 2017 and adding to positions in the laggards for the year ahead....
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...
September 14, 2017 @ 7:19 pm | Breaking News, CHK, Jubak Picks Portfolio, Jubak Top 50 Portfolio, LNG |
Shares of natural gas producers and liquefied natural gas exporters climbed strongly today as prices for liquefied natural gas in Asia rose to s seven-month high in reaction to the damaged inflicted on Gulf Coast terminals by Hurricane Harvey. It didn’t hurt...
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...
March 3, 2017 @ 7:51 pm | CHK, Jubak Top 50 Portfolio |
On February 23 Chesapeake Energy (CHK) reported another big step toward break-even. The company’s net loss for the fourth quarter fell to $741 million (or 84 cents a share) from $2.23 billion (or $3.36 a share) in the fourth quarter of 2015. Investors were...
December 2, 2016 @ 6:49 pm | Breaking News, Volatility, You May Have Missed |
This post originally ran on my subscription site JubakAM.com on December 1. The entire energy sector was up Wednesday on OPEC’s agreement to cut production–but not every stock rose to the same degree. I think these themes defined the way that the market...
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...
January 31, 2011 @ 5:23 pm | CHK, Leading Indicators |
Interesting pattern in today’s big winners on the New York Stock Exchange: the list is dominated by the names of relatively small, predominantly domestic energy producers. As of the end of trading in New York today you would have found these stocks among the big...
December 14, 2009 @ 1:53 pm | Breaking News, CHK, Leading Indicators |
ExxonMobil (XOM) will buy XTO Energy (XTO) for $31 billion in stock. (ExxonMobil will also assume $10 billion in XTO Energy debt.) This acquisition is just the latest example of a shift among the international energy majors from exploration and development for oil in...
November 3, 2009 @ 12:30 pm | Breaking News, CHK, Leading Indicators |
Doesn’t anybody know that there’s a natural gas glut in the United States? In a glut low prices are supposed to force producers to shut wells and reduce production so that demand has a chance to catch up with supply and prices can start to rise. It just doesn’t seem...
August 21, 2009 @ 8:30 am | Breaking News, CHK, Leading Indicators |
Some company will eventually make a killing from today’s collapse in natural gas prices. But when? And which company? Value investors usually only need to identify a bargain and then hang on until the rest of the stock market catches up with their thinking. But the...
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...