Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Joe who wrote (240)	8/29/1997 10:51:00 AM
From: Gutterball	of 726

OK, I'll take a closer look. Oops! looks like I did it the hard way. The balance sheet shows stockholder equity at $949 million. Divide that by 70 million shares and you get $13.50/shr. So I was concervative in shooting from the hip. I guess I forgot to mention I was letting property and equipment cancel long term debt since that is where it usually goes.

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