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Timothy Smith

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Timothy Smith

Re: wormwood post# 897

Sunday, 12/22/2013 10:03:36 PM

Sunday, December 22, 2013 10:03:36 PM

Post# of 18930
The increase in natural gas prices could be of advantage for Chesapeake in the fourth quarter.

In the third quarter, the company's realized price for natural gas increased by 15%; its natural gas production decreased by 9%.

Altogether, the company's natural gas revenue rose by roughly 4%. Due to the company's asset reduction and change in policy, its natural gas production isn't likely to rise in the fourth quarter.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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