SI
SI
discoversearch

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.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (31713)8/5/2008 8:56:04 PM
From: Grommit  Read Replies (1) of 78702
 
Don't get me wrong, I like CHK. But with limited funds I had to choose.

phx.corporate-ir.net

From the presentation, CHK will earn 3.75 this year, no matter what NG prices are. And in the range $4 to $4.50 next year (with $9 to 12 NG prices). My opinion is NG stays low, $8.50 to $9.50.

Analysts have them at $4.30 in 2009, but that implies $11 NG. Maybe too high?

CHK has great assets in the ground. CHK and all these are good companies to own.

Based on 2009 EPS analyst projections -- here's some PE's:

CHK 11.3
SU 8.1
NXY 6
ECA 8.8
PCZ 4.2
RIG 9.4
TDW 7.5
CNQ 7.9

If these are not value plays, nothing is.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext