SD sells for about 1/5 of CHK, yet CHK has almost 10 times the acreage of SD.
CHK has acreage in better locations especially in the oil window in the Eagle Ford and Utica.
CHK has Carl Icahn owning about 10% of the company. Icahn is worth what? $20 billion.
I do not see SD as a buy at $5 a share when you can get CHK at a lower price in terms of the acreage CHK owns, the drilling and service companies CHK owns, the data CHK owns on the oil/gas in its imaging department that has found all of the oil and gas shale and the large transportation fleet owned and the investments in other projects with GE, CLNE, etc..
Why didn't you just say you bought CHK on the run-up without doing any DD, you're in a bind now and your desperate thinking has you believing droves of folks will buy into your poorly thought out mistake. Good luck with that !
Most that has purchased SD or CHK during the last few years are in a bind as the companies issued more and more shares and took on more and more debt. These are the dogs of the energy industry but I maintain that one is in worse shape than the other.
Look the CEO of each company took over $100 million in pay during a period of declining results. At least the $100 million taken by the CEO of CHK was at a company with $13 billion in market value and 15 million acres of leases, while the CEO of SD took the same kind of pay with a much smaller company.