Chesapeake price target lowered to $24 from $28 at Oppenheimer Oppenheimer reduced its target on Chesapeake to reflect lower than expected natural gas and NGL prices. The firm maintains an Outperform rating on the stock.
News For CHK From The Last 14 Days
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McClendon wants large slice of his new energy company, WSJ reports Former Chesapeake Energy CEO Aubrey McClendon is pitching Wall Street on his new energy company, American Energy Partners LP, and he wants to raise between $2B and $3B of "initial equity capital" for the exploration-and-production company. But this time It isn't clear he will get what he wants, reports the Wall Street Journal. Reference Link
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