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Thursday, August 27, 2015 3:29:13 AM
Keep in mind that hedging for the rest of the year accounts for nearly half of CHK's oil output.
But for 2016 and 2017, the hedges account for less than 20%. If prices don't pick up, the company's high realized prices in oil will start to come down next year.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
Recent CHK News
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