April 8, 2019 - 3:15 PM EDT
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CHK Stock: Chesapeake Energy Keeps Up with Crude Oil Prices

CHK stock

All seems well right now for CHK stock, which, last year, plunged dangerously. To be sure, Chesapeake Energy Corporation (NYSE:CHK) shares lost 47% of their value when the price of crude oil tanked. However, CHK opened the year on a high and is up a whopping 60% so far in 2019.

So what is the reason? Let’s make a quick analysis.

Chesapeake Energy Made a Series of Bad Moves Last Year

Interestingly, 2018 is a year the management at Chesapeake might want to forget, given the wild price movement. The firm faced strong headwinds ...

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Source: MicroSmallCap (April 8, 2019 - 3:15 PM EDT)

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