Carl Icahn Discuses Chesapeake Energy (CHK), Sees Stock Much Higher
Tweet Send to a FriendGet Alerts CHK Hot Sheet
Price: $20.98 +0.87%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 1.7%
EPS Growth %: +66.7%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.7%
EPS Growth %: +66.7%
Trade CHK Now!
On CNBC's Fast Money, Carl Icahn said he would not be selling Chesapeake Energy (NYSE: CHK) as he sees it at much higher levels.
He calls it an undervalued assets but notes there is a funding gap. He said expenses need to be controlled near-term.
Icahn didn't go as far as saying the stock will double from here but implied it highlighted a past position that doubled.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
He calls it an undervalued assets but notes there is a funding gap. He said expenses need to be controlled near-term.
Icahn didn't go as far as saying the stock will double from here but implied it highlighted a past position that doubled.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Kyle Bass 13G Shows 9.7% Stake in Dex Media (DXM)
- FTTN Scouts Promising New Opportunities at Massive Prospects & Properties Expo
- Investors Brace for Epic Herbalife (HLF) Short Squeeze
Create E-mail Alert Related Categories
Hedge FundsRelated Entities
Carl Icahn
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
