By Stock Croc:Still feeling the effects of too much natural gas and not enough demand, energy companies are looking for creative maneuvers for keeping their businesses profitable. Chesapeake Energy (CHK) is utilizing the technique of partaking in some good old fashioned deal negotiations to build up cash.
The French oil giant Total has acquired a piece of the Chesapeake Energy Corporation's shale operation in Ohio for $2.32 billion, in a deal reflecting increased demand for natural gas assets.
ByIAEResearch:Chesapeake Energy (CHK) was probably the most affected company after the natural gas prices slumped. While Exxon Mobil (XOM), the biggest natural gas producer, was able to get out of the slump relatively unscathed, Chesapeake Energy was not so lucky due to its heavy exposure to natural gas.
By Qineqt:
The Event: I would not sell Chesapeake: Carl Icahn
Carl Icahn, during an interview given to CNBC yesterday (July 3, 2012), said that the natural gas giant, Chesapeake Energy Corp (CHK), is a "very undervalued company".
By ValueMax:For some big firms, a 100-year old company would seem like an old dog that takes an eternity to learn new tricks. However, this is not the case with Cabot Oil & Gas (COG). Cabot is all about not only learning new ways to conduct business, but the company acts quickly, taking advantage of great opportunities.
By Sammy Pollack:Shares of natural gas giant Chesapeake Energy Corp (CHK) are down by just more than 40% over the past six months. The two major reasons for the decline have been falling natural gas prices and the controversy surrounding CEO Aubrey McClendon.
By Kevin Quon:Too much supply, not enough demand, and lagging legislation all seem to be playing their parts in the falling rock that represents the current state of natural gas prices. For many companies, the price of natural gas as seen in the current futures contract below, has reached a level of non-sustainability.
By John Mylant: We are all familiar with the struggle Chesapeake Energy (CHK) is facing. With the combination of lagging natural gas prices and the news surrounding Aubrey McClendon, the company has been very visible and struggling. Its greatest challenge right now is meeting its funding gap. What are its options and can the company do it?
By Osman Gulseven:Chesapeake Energy (CHK), which originally started as a small company with only 10 employees, has grown into a natural gas giant. Founded in 1989, the Oklahoma City-headquartered Chesapeake is the second largest natural gas producer in the U.S. It is also among the top 15 oil and natural gas liquid producers
By Skyler Greene:
There's no other way to say it: Chesapeake (CHK) has major problems. The sort of problems that won't go away even if natural gas prices go up.