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.
Gold/Mining/Energy : Chesapeake Energy CHK -- Ignore unavailable to you. Want to Upgrade?


To: Aquaman who wrote (607)6/30/2000 3:33:13 PM
From: John Romeo  Read Replies (1) | Respond to of 726
 
Gothic acquisition to be accretive to 2001 ebidta,cash flow and earnings by 24% while deleveraging balance sheet.
Sounds like a win-win situation, though the deal will not close until year end. Gothic reserves are hedged until 10/00, so lets hope backwardation in the futures market will reverse. Any observations?