I wanted to see what other peoples thoughts, opinions, or research they would want to share on the long term of CHK? Would now be a good time to enter a long term buy and hold?
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What are peoples long term thoughts on CHK
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Last: 5 yr ago by Skillet Shot
I'd be very interested in thoughts as well.
I'll pass on negative free cash flow and book value.
I'm surprised they've made it this far. I'm not super familiar with their exact business or plans. To me, they're the Weatherford of upstream. The outlook never looks good for them, yet they continue to avoid bankruptcy.
I think the wildhorse acreage will be a bust
Theyre always long acreage and short capex. They buy high and sell low. DNA. Constant issues. If you want exposure in oil and gas there are much better names that do not carry the balance sheet risk.
Aubrey McClendon did nothing but create crap companies then kill himself. Sorry if that's harsh, but it's true.
My father, who is in the business, told me at the height of Aubrey's power that he would screw it up and the company would go bankrupt, guaranteed. Half of that has happened...the other half they are treading water.
My father, who is in the business, told me at the height of Aubrey's power that he would screw it up and the company would go bankrupt, guaranteed. Half of that has happened...the other half they are treading water.
Thoughts post earnings?
Overpaid for WHR. Could come back to haunt them if commodity prices stay depressed.
Terribly run company. I lost 20% on my investment and I'm glad that's all it was.
Run away. There are better companies to invest in. Wild horse acreage is mediocre at best, but they paid a premium for it.
GasAg90 said:
Run away. There are better companies to invest in. Wild horse acreage is mediocre at best, but they paid a premium for it.
Didn't learn from the Range NLA acquisition.
rca21978
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