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Very low here at CHK we are just a number. Ole DD south texas operations manager told us.
Wow. How low can this go? Is bankruptcy on the horizon? Maybe Qatar can buy at ten cents a share
October article specifically mentioning CHK
https://realmoney.thestreet.com/articles/10/10/2018/keeping-eye-quatar-petroleums-ambitious-plans-east-texas
Parts of the south texas business unit is in the process of a few bids. Hopefully double D gets put out of a job.
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1OF07X
The stock continues to crater. Do you think this is a good very long term opportunity or will it eventually go bankrupt. Senior execs still buying shares on open market. Not sure Wildhorse was smart acquisition. Sorry to see so many people laid off too
There are some people on financial blogs that think that Chevron is looking at acquiring CHK at firesale prices
Just like billy in my trailer court when he needs to pay a bill he just sells an engine block from his yard and boom bill is paid.
Chesapeake probably needs to pay bills with oil crashing and needs to sell some assets.