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February 13, 2012
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| 12:19 EDT |  | CHK |
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| 10:14 EDT |  | CHK |
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| 09:25 EDT |  | CHK |
| theflyonthewall.com: | Pre-market top 5 gainers | | The following stocks were the top percentage gainers before the open on solid volume of at least 50,000 shares, trading at over $10. REGN 11.2%, CHK 2.8%, DMND 2%, C 2%, F 2%. :theflyonthewall.com |
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| 09:04 EDT | | CHK |
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| 08:23 EDT |  | CHK |
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| 08:04 EDT |  | CHK |
| theflyonthewall.com: | Chesapeake considering 100% sale of Permian Basin assets | | Chesapeake has also recently received industry inquiries about a complete exit from the Permian Basin and today is announcing that it may consider a 100% sale of its Permian Basin assets if it receives a compelling offer. :theflyonthewall.com |
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| 07:59 EDT | | CHK |
| theflyonthewall.com: | Chesapeake targeting $10B-$12B in asset monetizations during 2012 | | The company is pursuing joint venture transactions in its Mississippi Lime and Permian Basin plays where it owns 1.8 million and 1.5 million net acres of leasehold, respectively. Chesapeake has also recently received industry inquiries about a complete exit from the Permian Basin and today is announcing that it may consider a 100% sale of its Permian Basin assets if it receives a compelling offer. Chesapeake’s assets in the Permian Basin represent approximately 5% of the company’s total net proved reserves and current production. Chesapeake believes the Mississippi Lime joint venture, a Permian Basin transaction and various other minor asset sales could result in cash proceeds to Chesapeake of approximately $6B-$8B in 2012. Chesapeake anticipates monetization proceeds of approximately $2B during 2012 involving a portion of its midstream assets, service company assets and miscellaneous investments, bringing estimated total monetization cash proceeds in 2012 to $10B-$12B. :theflyonthewall.com |
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| 07:58 EDT | | CHK |
| theflyonthewall.com: | Chesapeake sees proceeds of $2B in two separate transactions | | Chesapeake Energy Corporation provided details on its financial plan to fully fund the company’s anticipated capital expenditures during 2012 and provide additional liquidity for 2013. The company is also projecting that its rapidly increasing liquids production will enable it in 2014 to reach equilibrium between its cash flow from operations and its planned drilling and completion capital expenditures. First, Chesapeake anticipates receiving total proceeds in the next 60 days of approximately $2B in two separate transactions. The company plans to complete a volumetric production payment on its Texas Panhandle Granite Wash assets and a financial transaction by a new unrestricted subsidiary formed to hold a portion of Chesapeake’s assets in Ellis and Roger Mills counties, Oklahoma, in the Cleveland and Tonkawa plays. :theflyonthewall.com |
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February 10, 2012
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| 08:21 EDT |  | CHK |
| theflyonthewall.com: | Chesapeake downgraded to Market Perform from Outperform at FBR Capital | | FBR Capital downgraded Chesapeak based on its unhedged natural gas and NGL positions. Price target remains $25. :theflyonthewall.com |
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February 7, 2012
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| 12:27 EDT | | CHK |
| theflyonthewall.com: | EIA sees 2012 natural gas spot price $3.35, down 65c from 2011 average | | The U.S. Energy Information Administration said natural gas working inventories continue to set new record seasonal highs, with January ending stocks about 24% above the same time last year. EIA’s average 2012 Henry Hub natural gas spot price forecast is $3.35 per MMBtu, a decline of about 65c per MMBtu from the 2011 average spot price. EIA sees spot prices averaging $4.07 per MMBtu in 2013. Reference Link :theflyonthewall.com |
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| 07:27 EDT |  | CHK |
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February 3, 2012
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| 07:16 EDT |  | CHK |
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