Dude they already won..stock has been down from 7.59 high to 4.45 in less than 1 week. It's crazy how fast this one falls.
they have hedged their 2016 NG production at $2.8 as per their earnings release. so lower NG price they look smart hedging it.
CHK has all their 2016 NG production hedged at 2.8. You did not read their earning released. 1.6 NG does not hurt them when they hedged.