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Re: researcher59 post# 15638

Thursday, 10/13/2016 11:50:49 AM

Thursday, October 13, 2016 11:50:49 AM

Post# of 25303
CHK +.12 to 6.41, Chesapeake is the nation's 2nd largest NG producer after Exxon. It's a major holding for me and I added more shares today. I've also been trading and hedging around my growing core position.

CHK will be a major beneficiary of these dramatically rising NG prices. Analysts have been busy raising EPS estimates, currently the consensus is for EPS of $0.83 for 2017, so a forward PE of around 8.