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.
'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.'