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Gold/Mining/Energy : Chesapeake Energy CHK

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From: JakeStraw	4/13/2005 9:45:16 AM
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Jason Gammel, analyst at Prudential raised his full year earnings estimates for Chesapeake Energy by 7 cents a share to $2.04. He also raised his 2006 earnings estimate by 5 cents a share to $2.10. The company is buying oil and gas producing assets in southern and eastern Texas, a deal which is viewed by Gammel as "very attractive," and will lead to "incremental production as well as incremental natural gas and oil price hedges," the analyst said in a report. thestreet.com

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