Chesapeake Energy (CHK) looks to be an interesting play as the price of nat gas is expected to increase moving forward. Over the past number of years the company has had some financial setbacks. New CEO Douglas Lawlor has many areas of the company to “clean up”. One key aspect that is reducing shareholder value is the net debt.
Since 2009 the company’s net debt has remained relatively the same.
2009 – $11.988 billion 2010 – $12.538 billion 2011 –Continue reading Chesapeake Energy: Net Debt Gutting Shareholder Value $CHK
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