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7 pts

Opinion on  Chesapeake Energy Corp (CHK)     Sector: Energy  >  Industry: Oil & Gas Operations
Don't know who sells this...

Aug 04, 2008 03:08 AM UTC
Return Risk
-32.70% LOW
Sr. Analyst

Fundamental Analysis  

Ummm... since the quarter ended they've made $5 billion in hedges.  Yes... with a B.  So those unrealized losses last quarter turned out to be a pretty smart investment that I don't think people realize when they trade this with oil (which they do instead of nat gas... oddly enough).  Oil going down may lose them millions this month, but it makes billions... I love Aubrey.


CHK:  This call was made on 08/04/08 @ $49.44
Rating:   Positive   $49.44 (08/04/08)
Gain/Loss:   -63.49% in 157 days
Target:   $100.00 (+102.27%) in > one year


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Sad
Kenny Shen   59%     0 point   commented 157 days ago reply

Perhaps this isn't a time when the markets are factoring that in right now...


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Who voted on this idea?
yishuihan N/A 08/04/2008



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