If you’re looking for the CHK 2Q08 Pre Call Note click here. In Tonight’s Post: Gas Storage Review Gas Price Thoughts Gas Supply Update Commodity Watch: Natural gas sank $0.13 to close at $9.12 after the EIA announced injections to gas storage of 65 Bcf. The Street was looking for an injection of 71 Bcf:…
Month: July 2008
Chespeake – 2Q08. Another Quarter, Another Beat. Confidence In Long Term Growth Builds – Pre Call Note
(CHK) – July 31, 2008 Close of $50.15 (the stock was actually higher ($50.93) before they announced 1Q results) In A Nutshell. Chesapeake reported better than expected top and bottom line results with production exceeding the top end of CHK’s guidance and CFPS exceeding the top end of the Street’s forecast range. Costs were…
Thursday Gas Preview & Oil Review
Thoughts on Wednesday Watch: That was a little more like it. Apologies in advance for this oh so long post but I was feeling verbose and a bit defiant in the face of all the oil is dead negativism out there. Also, we had some good, lively discussions in comments on the site yesterday. This…
Wednesday – Oil Inventory + More Earnings
In Today’s Post: Holdings Watch Commodity Watch Earnings Watch – EOG, BEXP Stocks We Care About Today Odds & Ends Holdings Watch: The holdings wiki tab is updated. EOG August $100 Calls added for $5.50. See earnings comment below. Commodity Watch: Crude Oil tumbled another $2.54 to close at $122.19 yesterday. A greenback…
Tuesday – Time For More Earnings
In Today’s Post Holdings Watch Commodity Watch Earnings Watch – CLR, VLO, WLT Stocks We Care About Today – MDU hits a Three Forks Sanish test. Crack Spread Update Odds & Ends Holdings Watch HK – Exited the August $30 Calls taken last week for $5, up 43%. I don’t like how the stock…