Replies to post #199523 on $Pistol Pete$, $Mick$ & Friends Stock Picks /news,

[mick]

Chesapeake Energy (CHK)
I’ve had an on-again, off-again attraction to Chesapeake Energy (NYSE:CHK) over the past couple of years. Chesapeake is still trying to recover from the oil and gas bust that left it with nearly $10 billion in debt and much lower revenues. Progress has been choppy, both for the business and the stock. CHK stock is now trading at $2.19, down nearly 53% over the past year.

Investors need to understand the risks here. The debt is a concern, particularly if oil and/or gas prices start falling again. Earnings reports have picked up recently, with CHK beating or meeting earnings consensus in the past eleven quarters.