Replies to post #15636 on Chesapeake Energy Corp (CHK)

[Nebuchadnezzar]

$40's?? going into spring and summer months with production cuts coming,I highly doubt it. Only if coronavirus gets out of hand in which if that happens, you could see 20% correction in the stock market. The market would then be underestimating Apples weight in Dow and SP 500. If China really has issues, all sectors will get hit hard in quarter 2 or 3 both of which are rather weak quarters anyways. Even before this virus, the markets are overextended thanks to QE4. It's QE4 without a doubt and the fed pivot will be looked at in a year or so as a disaster. A trump 2020 win might not even be enough if this virus causes issues

[BottomBounce]

$CHK Chesapeake Energy Oklahoma is home to Chesapeake’s corporate headquarters and remains an important part of our national energy portfolio. We are one of the largest leaseholders and active drillers in the state and a catalyst for economic development — not only in Oklahoma City but also a large portion of West and Northwest Oklahoma in the Mississippi Lime and Granite Wash plays, where we support thousands of direct, indirect and community-based jobs in Oklahoma. We continue to look for new opportunities to tap Oklahoma’s energy future through improving technology and enhanced recovery techniques. http://www.chk.com/documents/operations/oklahoma-fact-sheet.pdf