Chesapeake Energy CHK Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Chesapeake Energy CHK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kip518 who wrote (625)	2/21/2001 10:22:29 PM
From: Mark Adams	Read Replies (1) of 726

Net Income exceeds EBITDA, Revenue and Cash Flow? Boy, I'm going to need to think this one through. Ok, they suggest a PV-10 based on $10/mcf, yet hedged at $4.77/mcf and realized $4.89/mcf. That sounds like a pump to me. Did you catch the level of insider sales? At least their forward guidance has Net Income lower than EBITDA. I still don't get how they are working these numbers. Ah- it looks like a tax credit. Excluding the effect of the valuation allowance reversal, Chesapeake generated fourth quarter 2000 net income of $83.0 million ($0.54 per basic common share) $2.12/share sure looks good though.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next