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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:34 EDTCHKChesapeake upgraded to Buy from Accumulate at KLR Group
KLR Group upgraded Chesapeake to Buy citing improved capital productivity and raised its price target for shares to $37 from $33.
News For CHK From The Last 14 Days
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October 1, 2014
12:18 EDTCHKChesapeake says capital efficiency is main driver for company looking forward
The company said it is focusing on financial discipline, adding thing it is time to grow without increasing its capital base. Chesapeake said it will continue to look aggressively at growing its position, but it can grow production and reserve position just by focusing on what they own today. Chesapeake said it is pleased with the progress it has made, but is nowhere it wants to be. Targets 2014 production growth of 9%-12%. Says capital efficiencies is coming in everything they do, including cycle times. Says liquidity remains strong, approach $4B. The company said its 2014 CapEx is $5.8B compared to $15B in 2012. Continues to anticipate year-end 2014 exit rate will exceed 730,000 boe per day. Comments taken from Deutsche Bank Annual Leveraged Finance Conference.
07:20 EDTCHKDeutsche Bank to hold a conference
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September 20, 2014
20:43 EDTCHKChesapeake, Weatherford seem attractive, Barron's says
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