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Enter Symbol:
Chesapeake Energy Corporation (CHK) [hlAlert]

Market Outperform
up 90.30 %

Chesapeake Energy Corporation (CHK) upgraded to Market Outperform by Howard Weil

Posted on: Monday,  Dec 8, 2008  10:25 AM ET by Howard Weil

Howard Weil rated Market Outperform Chesapeake Energy Corporation (NYSE: CHK) on 12/08/2008, when the stock price was $14.54. Since then, Chesapeake Energy
Corporation has gained 90.30% of its value until Howard Weil rated CHK Market Perform on 01/12/2011, when the price was $27.67.
If you would have followed this Howard Weil's recommendation on CHK, you would have gained 90.3% of your investment in 765 days.

Chesapeake Energy Corporation is a producer of natural gas in the United States. The Company own interests in approximately 41,200 producing natural gas and oil wells that are producing approximately 2.3 billion cubic feet equivalent (bcfe) per day, 92% of which is natural gas. As of December 31, 2008, it was focusing on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore in the United States primarily in the Big 4 natural gas shale plays: the Barnett Shale in the Forth Worth Basin of north-central Texas, the Haynesville Shale in the Ark-La-Tex area of northwestern Louisiana and East Texas, the Fayetteville Shale in the Arkoma Basin of central Arkansas and the Marcellus Shale in the northern Appalachian Basin of West Virginia, Pennsylvania and New York. It also has operations in various other plays, both conventional and unconventional, in the Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, and South Texas.

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2014 9:25 AM Hold
24.59 30.00
as of 12/24/2008
1 Week down  -3.83 %
1 Month up  17.73 %
3 Months up  15.75 %
1 YTD up  15.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 9:25 AM Buy
25.20 31.00
5/4/2011 9:25 AM Buy
31.16 39.00
3/24/2011 9:25 AM Hold
33.83 34.00
1/12/2011 10:25 AM Hold
12/8/2008 10:25 AM Buy
10/13/2008 10:25 AM Hold

(*) Stock Price at the time of the recommendation.
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