CHKs Hedge Position

To protect its cash flows against lower commodity prices, Chesapeake Energy has hedged 74% of its projected 2016 natural gas production volumes, 71% of its projected 2016 oil production volumes, and 32% of its projected 2016 natural gas liquids production volumes.

As of 10/25/2017, for Speculative accounts only, I’m bullish on the out of the money 1/20/2017 $7 calls selling for $0.47.

Spreadsheet with ratio analysis of the top 5 publicly traded natural gas producers available with subscription.

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