Chesapeake Energy Corp (CHK)

[ogbull]

Even More Positive!

In an article earlier this month, I had told investors why Chesapeake Energy's (NYSE:CHK) dip is an opportunity to buy more shares given the initiatives adopted by the company to reduce its debt and lower its costs. But, in my opinion, there is another factor that will act as a tailwind for Chesapeake Energy that investors should not miss - a recovery in natural gas prices.

In fact, over the past couple of months, the Henry Hub natural gas price has been in turnaround mode. As shown in the chart below, the price of natural gas has increased over 28% since the beginning of March:


http://seekingalpha.com/article/3974815-chesapeake