Chesapeake Energy Corp (CHK)

[mikeymgd]

Oil is not really falling and it is still at its highest level since 2014.

CHK will continue to post tremendous Q1 earnings and likely great Q2.

THe second half of the year is up in the air based on Natural Gas and oil prices. Hard to know where they will be come summer.

If CHK can lay out a solid plan to get debt down another 30% than the stock is 5-6 dollars quick. Just not sure they can reduce it by that much again considering they have already sold a considerable amount of Assets to make the large reduction in debt already posted.