The natural gas sector has had a fairly impressive year so far but the same cannot be said about Chesapeake Energy Corporation (NYSE:CHK). The company has gone through its fair share of troubles, and CHK stock has crashed by as much as 70% in 2019 so far.
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The continued uncertainty around the oil and gas markets has also been a source of heartburn for the company. Moreover, Chesapeake’s massive debt burden has also made matters difficult. However, in the conference call for its third-quarter earnings, the company stated that it is going ...
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Source: MicroSmallCap
(November 28, 2019 - 1:21 PM EST)
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