Chesapeake Energy (CHK) Tops Q3 EPS by 5c

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Chesapeake Energy (CHK) Management Executing Well, Sterne Agee Notes

November 5, 2014 2:31 PM EST

Chesapeake Energy (NYSE: CHK) is solidly higher Wednesday (+5.8%) following Sterne Agee analyst Tim Rezvan called "strong."

The company posted adjusted EPS of $0.38, $0.05 better than the consensus of $0.33 and $0.03 better than Sterne Agee's estimate of $0.35. 3Q adjusted EBITDA of $1.24 billion exceeded Sterne Agee at $1.24... More