New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:14 EDTCHKChesapeake announcse 2014 absolute production growth target of 2%-4%
Chesapeake Energy Corporation announced details of its 2014 Outlook and capital program. Chesapeake is budgeting total capital expenditures in the range of $5.2B-$5.6B in 2014, which represents a 20% reduction from the midpoint of Chesapeake’s 2013 capital expenditure Outlook range. After adjusting for 2013 asset sales, the company expects to generate 8 – 10% year-over-year production growth in 2014, consisting of 8 – 12% oil production growth, 44 – 49% natural gas liquids production growth and 4 – 6% natural gas production growth. On an absolute basis, Chesapeake is targeting 2014 production growth of 2 – 4%, which implies an average daily production rate of 680 – 695 thousand barrels of oil equivalent. Chesapeake plans to spud approximately 1,100 gross operated wells in 2014, which is relatively unchanged from 2013 activity levels. The company plans to connect approximately 1,300 gross operated wells to sales in 2014, or approximately 115 fewer wells than in 2013. As a result of ongoing cost control initiatives, Chesapeake anticipates lower per-unit production and general and administrative expenses in 2014. Production expenses are expected to range from $4.25 – $4.75 per barrel of oil equivalent, down approximately 10% year over year from the midpoint of Chesapeake’s 2013 production expense Outlook range. G&A expenses are estimated to be $1.35 – $1.60 per boe, down approximately 25% year over year from the midpoint of Chesapeake’s 2013 G&A expense Outlook range.
News For CHK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 6, 2015
16:35 EDTCHKChesapeake downgraded to Neutral from Buy at SunTrust
SunTrust downgraded Chesapeake to Neutral citing pricing concerns following the company's Q1 results. Shares were also downgraded today at Jefferies.
16:00 EDTCHKActionable Options for Wednesday, May, 6
iPath S&P 500 VIX Short-Term Futures up 37c to 21.85. Option volume leaders: AAPL BABA FB TWTR BAC VALE CHK MSFT YHOO TSLA
09:37 EDTCHKChesapeake downgraded to Underperform from Hold at Jefferies
Subscribe for More Information
07:08 EDTCHKChesapeake increases FY15 production guidance to 640-650 mboed
Subscribe for More Information
07:06 EDTCHKChesapeake reports Q1 adjusted EPS 11c, consensus 4c
Subscribe for More Information
May 5, 2015
16:01 EDTCHKOptions Update; May 5, 2015
iPath S&P 500 VIX Short-Term Futures up 64c to 21.45. Option volume leaders: AAPL TSLA TWTR FB BAC BABA GILD PFE CHK PBR C according to Track Data.
15:02 EDTCHKNotable companies reporting before tomorrow's open
Subscribe for More Information
May 1, 2015
11:35 EDTCHKStocks with call strike movement; JCP CHK
Subscribe for More Information
10:50 EDTCHKOptions with increasing implied volatility
Options with increasing implied volatility: ZIOP CLNE CRM DECK CHK WIN ANF NRF GES LOW
05:52 EDTCHKStocks with implied volatility movement; CHK GOOG
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use