Stock Traders Daily reports on Chesapeake Energy Corporation (NYSE:CHK).
Stock Traders Daily has issued a Special Report for Chesapeake Energy Corporation (NYSE:CHK).
This report details:
- Fair Value analysis
- Balance Sheet Issues
- Earnings Growth Projections
- Hedging results and GAAP vs non-GAAP
- And ultimately price targets, and forward projections.
Excerpt:
'Because CHK is largely valued in relation to oil and natural gas prices it has been moving in a coordinated fashion with oil and natural gas prices. It often declines when oil and gas prices decline and it increases when prices increase, which is not a surprise given the proven reserves that it has.
Those proven reserves are part of what makes up the second and more fundamental observations I have for Chesapeake Energy.
Regardless of what I think might happen to oil prices over the next few months, I believe that shares of Chesapeake Energy can ultimately go much higher, even beyond that. I will address both my target for oil prices and in addition my target for CHK.'
Full Report - CHK Special Report
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for :