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Chesapeake Energy Corporation (CHK) [hlAlert]

Rating:
Hold CHK

Chesapeake Energy Corporation (CHK) rated Hold

Posted on: Thursday,  Aug 9, 2007  9:25 AM ET by Wachovia

Chesapeake Energy
(CHK) Mkt Perform by Wachovia.

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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2008 8:25 AM Buy
None
42.89
as of 8/27/2015
1 Week down  -1.81 %
1 Month down  -40.40 %
3 Months down  -53.47 %
1 YTD down  -74.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/9/2007 9:25 AM Hold
None
33.30

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