Chesapeake Energy (CHK) Reports In-Line Q1 EPS; Will Sell Anadarko Basin STACK Acreage in $470M Deal (NFX)

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Go back to Chesapeake Energy (CHK) Reports In-Line Q1 EPS; Will Sell Anadarko Basin STACK Acreage in $470M Deal (NFX)

Chesapeake Energy (CHK) Slides to Session Low, Down 18%

May 6, 2016 3:40 PM EDT

Chesapeake Energy (NYSE: CHK) Slides to Session Low, Down 18%

... More

Chesapeake Energy (CHK) PT Raised to $4 at UBS

May 6, 2016 8:55 AM EDT

UBS analyst William Featherston raised his price target on Chesapeake Energy (NYSE: CHK) to $4.00 (from $0.50) but maintained a Sell rating.

Key takeaways from the conference call and 1Q results:

1) maintained its 2016 guidance of 605-635 MBoed (roughly flat YoY with pro-forma 2015 base of 623... More