Entergy Corporation (NYSE:ETR) joined the ranks of electricity generators that haven’t been able to reach consensus estimates for the first quarter of 2009.The company’s results resemble the earlier reports from Dominion Resources,…
Chesapeake Energy Corp. (NYSE: CHK), the largest natural gas producer in the US, is cutting its gas production again, bringing the total reduction to about 400 million cubic feet/day. That total includes…
Douglas A. McIntyre We’ve been closely tracking the weekly rig counts published by Baker Hughes Inc. (NYSE:BHI) for a while now. Drilling for oil has slowed significantly in the US, and drilling for natural gas…
Natural gas contracts in the US have been trading at around $4/thousand cubic feet. The prime suspect for the low price is, surprise, the slow economy. The amount of natural gas being…
Douglas A. McIntyre There are some issues surrounding natural gas that is keeping a cap on the sector. Spot prices are bouncing around between $3.50 and $4.00 per thousand cubic feet. At those prices, unconventional…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows. The time frame is by the end of 2010, which is…
Chesapeake Energy Corporation (NYSE: CHK) is tired of not having profitable results from a key operation. The largest natural gas player announced that it will cut its production by 7% and is…
These are some of the top early bird analyst upgrades seen from Wall Street analysts this Thursday morning: Chesapeake (CHK) Raised to Outperform at Bernstein. Comcast (CMCSA) Raised to Buy at Collins…
The largest natural gas producer in the US, Chesapeake Energy Corporation (NYSE:CHK), reported a GAAP EPS loss of -$1.51 for the fourth quarter of 2008. On a non-GAAP basis, the company earned…
After the market closed yesterday, Chesapeake Energy Corporation (NYSE:CHK) announced that it would take a $1.8 billion non-cash, after-tax impairment charge, nearly all of which is allocated to the company’s oil and…
Douglas A. McIntyre Chesapeake Energy (NYSE: CHK) is trading marginally higher today on market chatter that BP plc (NYSE: BP) wants to acquire the company. We first noticed this in the trading for options volume…
Chesapeake Energy Corporation (NYSE:CHK) has sold about $412 million worth of royalty interests in "long-lived, producing assets" in gas fields in Oklahoma and Arkansas. The buyer was a private equity firm, Argonaut…
In a bit of good news this morning for Chesapeake Energy Corporation (NYSE:CHK), the Deutsche Bank analyst who downgraded Range Resources Corporation (NYSE:RRC), Southwestern Energy Company (NYSE:SWN), and Devon Energy Corporation (NYSE:DVN)…
Energy stocks have taken a pounding since crude oil prices started falling in July. In virtually every part of the energy business, share prices for the premiere companies are off by as…
Chesapeake Energy (CHK) National gas supply levels fall. Drops to $11.54 from 52-week high of $74. Weatherford International (WFT) Oil prices hurting drilling equipment firms. Plunges to $8.32 from 52-week high of…
