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Category: Investment, Natural Gas
Energy Executive, Mr. Miller Made the Call on Chesapeake Energy (CHK) on February 11, 2010
By Senior Energy Industry Executive Karl W. Miller
February 18, 2010
Energy Commentary from Karl Miller - Read Bio and More info
Subscribe : Investorideas.com Energy Newswire: http://www.investorideas.com/RSS/feeds/Energy.xml
February 18,2010 - Chesapeake Energy (CHK) announced on February 17, 2010 that it beat analyst estimated fourth-quarter earnings by .09/cent share, a huge margin by any measure.
Adjusted fourth-quarter income was $490 million, or 77 cents a share. Revenue for the quarter ended Dec. 31 fell to $2.22 billion from $2.98 billion a year ago. Analysts polled by FactSet Research were looking for adjusted earnings of 68 cents a share on $1.86 billion in revenue.
For public interest, senior energy executive and institutional investor Karl W. Miller Moves CHK to Top of his Conviction Buy List
By Senior Energy Industry Executive Karl W. Miller
Energy Commentary from Karl Miller - Read Bio and More info
As released previously at Investorideas.com
February 11, 2010
Mr. Miller thanks everyone for all of the well wishes and kind messages he has received during his medical leave and wishes everyone well in the energy markets during these difficult market conditions.
Mr. Miller has moved Chesapeake Energy (NYSE: CHK) to the top position on his Conviction Buy List. Mr. Miller believes CHK is grossly undervalued on a Natural Gas Reserve (asset value) Basis and cash flow (market multiple) basis.
Also see article titled: For public interest, senior energy executive and institutional investor Karl W. Miller disclosed his model energy portfolio, "Charitable Energy Stocks" at the following weblink: http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
Investors can follow Senior Energy Industry Executive Karl W. Miller through the following RSS Feed: http://www.investorideas.com/RSS/feeds/Energy.xml
Mr. Miller is currently on Medical Leave.
Disclaimer:
This column, Energy Commentary from Karl Miller, is the opinion of Karl Miller.
Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.
U.S. Utilities and Natural Gas producers are the best "Safe Haven" after U.S. Treasuries Plus You Collect a Dividend, Not Zero Percent Interest Rate" at the following link: http://www.naturalgasstocks.com/Karl_Miller/news/2046.asp
Published at the Investor Ideas Newswire
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