Is that the surgery you are going for to repair the hole in your skull that's losing all the grey matter?
I would venture to take a guess that the lack of M&A is due mainly to geopolitical unstabability besides the fact that a good chunk of the majors balance sheets are in the red.
I think that the introduction of European interests buying up assets is the beginning of a shift in these company's long term strategies. My brother in law who works the North Sea (RDS) operations has seen the beginnings of a decline in production in that area since the mid 2000's and RDS has been selling rigs, curtailing and flat out decommissioning rigs since early 2015.
Long term, it's going to be good for US natgas companies and especially exporters and processors such as LNG and the companies that will surely follow.
What you talking about?
Obama wasn't born...he was hatched.
LOL, just kidding....had to throw a little Nate on all of you :)
Well, it's already up 25% since Sept 1st, I think another 35% from here might be stretching it a little since that would put it close to mid 10's.
But what do I know after failing miserably trading in and out since the 3's instead of holding.....I'm content though and glad to see the progress CHK is making.
Fowler must be a teenager not to remember Hillary and Bill's' dirty deeds
Savings and loan scandal
Pork belly scandal
Pay for play foundation scandal
Did I miss anything?
You're forgetting it was the Barclays turds that downgraded CHK to strong sell about 3 months ago.
Most other analysts are predicting CHK to be cash flow positive by 1Q 2017 if not even by 4Q 2016.
I'm talking worldwide levels let alone U.S. levels which remain at a 5 year high.
Where are you getting your data from?