Chesapeake Energy Corp.'s (CHK) shares keep disappointing investors even though the market environment is quite favorable for energy companies. Energy prices have rebounded and the trade war between the United States and China had been deescalated at the G-20 meeting in Japan last month. Chesapeake Energy Corp. is deeply undervalued after the latest slump, and shares have potential to double in the event the oil and natural gas drillers report solid Q2-2019 earnings and oil prices tick up.
Chesapeake Energy Corp. is priced for disaster and the oil and natural gas driller's stock price closed at multi-year lows on Friday, even though the energy market environment is actually not that bad: Oil prices have recovered and Chesapeake Energy Corp. has actually gone on the offensive and pulled off some acquisitions lately. I think investors have turned too bearish on Chesapeake Energy Corp., and the company has considerable cash flow and earnings upside in a rising oil environment. The valuation is unreasonable, shares are about to be oversold, and are ripe for a rebound.
Source: Seeking Alpha
Related Articles:
- 5 Blue Chip Dividend Stocks For When the Chips Are Down
- 6 Dividend Stocks With A Good Yield And Growth Balance
- 14 Investments That Pay Monthly Dividends
- 4 Dividend Stocks To Build Your Future Security
- 5 Dividend Stocks With A Low Payout Ratio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It'...
-
In this article we discuss the 5 Best Dividend Stocks to Buy According to Billionaire Ken Fisher. 5.) British American Tobacco p.l.c. (NYSE:...
-
Investing for retirement requires a different approach from merely betting on growth or value stocks. The strategy for fixed-income is to bu...
-
On Monday, AT&T (NYSE:T) confirmed that it will spin off its WarnerMedia entertainment unit and merge it with Discovery. While this will...
-
High dividend stocks included on our list had a number of criteria to meet — all stocks satisfied a minimum dividend yield requirement, have...
-
Earlier generations have favored dividend investing because generally higher yields were on offer then. Today, though, some investors have b...
-
One of our favorite areas to find blue-chip dividend stocks is in the utility sector. Companies in this space provide electricity, gas and w...
-
It’s safe to say that one of the biggest concerns that economists and investors have on their minds at this time is inflation. Regardless of...
-
Business Development Companies, known as BDCs, offer the retail investor exposure to privately-held firms, which often are funded by venture...
-
One factor that can make a big difference is competitive advantage and leadership in a given industry. In general, larger companies with glo...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.