Replies to post #897 on Chesapeake Energy Corp (CHK)

[Timothy Smith]

The increase in natural gas prices could be of advantage for Chesapeake in the fourth quarter.

In the third quarter, the company's realized price for natural gas increased by 15%; its natural gas production decreased by 9%.

Altogether, the company's natural gas revenue rose by roughly 4%. Due to the company's asset reduction and change in policy, its natural gas production isn't likely to rise in the fourth quarter.

[oxnous]

Selling covered calls might be a plan here.