CHK

Chesapeake Energy Corp

Energy


Presented:09/14/2016
Price:$7.17
Cap:$5.19B
Current Price:$85.79
Cap:$19.47B

Presented

Date09/14/2016
Price$7.17
Market Cap$5.19B
Ent Value$16.01B
P/E RatioN/A
Book ValueN/A
Div Yield0.05%
Shares O/S724.00M
Ave Daily Vol43,096,618
Short Int14.39%

Current

Price$85.79
Market Cap$19.47B
Chesapeake Energy Corp. engages as a natural gas and oil exploration and production company. It operates through the Exploration and Production; Marketing, Gathering and Compression segments. The Exploration and Production segment focuses on finding and producing natural gas, oil and natural gas liquids. The Marketing, Gathering, and Compression segment deals with the marketing, gathering, and compression of natural gas, oil, and natural gas liquids primarily from Chesapeake-operated wells. The company was founded by Aubrey K. McClendon and Tom L. Ward on May 18, 1989 and is headquartered in Oklahoma City, OK.

Publicly traded companies mentioned herein: Chesapeake Energy Corp (CHK), Williams Partners (WPZ) and Southwestern Energy (SWN).

Highlights

The presenter regards Chesapeake as a poorly analyzed company and believes analysts are mis-modeling the restructuring of the Williams (WPZ) contract, which he expects will meaningfully reduce the company’s costs and improve its cash recycle potential. He is confident that CHK will continue to be successful in disposing of assets, and believes the next asset sale or two should effectively clear the runway for the company to return to the unsecured debt market, which will allow the company to push out maturities instead of being forced to pay down debt as it comes due. He sees shares as a great play for those even moderately bullish on natural gas. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.