What to Watch for When Chesapeake Reports
In today's edition, Paul and Matt discuss what to watch for in Chesapeake's upcoming results. Chesapeake is in year two of its 25/25 plan, which is aimed at increasing production while reducing its long-term debt. Liquids production has been growing nicely, but drilling all these wells isn't cheap. Paul hopes to hear more about the potential asset monetizations in the Permian Basin and the Mississippi Lime, as well as sharply increasing liquids production and continued good results out of emerging plays such as the Utica.
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The article What to Watch for When Chesapeake Reports originally appeared on Fool.com.
Paul Chi owns shares of Chesapeake Energy and Southwestern Energy and has the following options: short SEP 2012 $28 puts on Southwestern Energy. The Motley Fool owns shares of Ultra Petroleum and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Ultra Petroleum, long JAN 2014 $40.00 calls on Ultra Petroleum, and long JAN 2014 $50.00 calls on Ultra Petroleum. Motley Fool newsletter services recommend Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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