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
Chesapeake Energy Corp.: Priced For Disaster
Posted by D4L | Wednesday, August 21, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Both of the listed stocks are often discussed on the Reddit page, and for very different reasons. The former pays a frequent special dividen...
-
Interest rates remain very low and given the ongoing economic impact from COVID-19, they will likely stay very low. This low-rate environmen...
-
When it comes to dividend stocks, investors can fall into the trap of focusing on dividend yield over all else. That can be a dangerous stra...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.