Tag: Chesapeake Energy Corporation

Is Chesapeake’s Recent Sale was the Right Move?

Chesapeake Energy (NYSE: CHK) has recently sold its subsidiary’s midstream compression assets for roughly $520 million. This sale is on top of the other assets the company plans to sell this year, which are expected to generate around $650 million . Was…

Is Chesapeake walking towards the right path?

Moving Correlation (20 days) Chesapeake Energy Corporation OIL 2012 jULY

Chesapeake Energy Corporation (NYSE: CHK) rallied in the past few weeks. The recent steps the company took such as selling Chesapeake Midstream Partners, L.P may have contributed to its rally. It seems the company is headed towards scaling down its…