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Replies to post #1355 on Chesapeake Energy Corp (CHK)
DocLevi
04/22/15 1:11 PM
#1356 RE: radar72 #1355
If oil prices remain below $60, then Chesapeake stock is close to fairly valued. But, if oil prices rise 20% by the end of June as we've been predicting, we should see an equivalent increase in the share price. And the 2.5% dividend yield is yours to keep while you wait for the inevitable rise in oil prices.