they are in big, big trouble. the face value of their bonds is down 50% and Friday the shares were down to a 52 week low at $6.02. if the price drops below $5 you should buy NG
gold, silver and NG most likely up
classic but the rumor, sell the news scenario
the rig count today will be key. This reminds me of what happend last November when things turned sour
I don't think so. Keep that in mind while trading NG.
this is the calm before the storm
Lack of regional demand and weak pricing have kept a lid on production growth, which has averaged 20.38 Bcf/d month-to-date, even as new capacity from expansion projects comes online. So far, November production is currently 182 MMcf/d below the October average
definitely a step in the right direction, but not even close to where it should be....65!....CHK going under will definitely get us there in a hurry.
and CAPEX will be cut dramatically next year as a result. I think we are 3 months away from a recovery
what will cause that remains to be seen....
just incredible that this Ponzi scheme is allowed to continue
hi billy, the rig count will come down next year. CHK said they will cut CAPEX in a meaningful way in 2016. I don't believe any of the 10 rigs added during the past three weeks were in Marcellus or Utica and, to me, the move makes no sense at all...
join the criminals
can you say PONZI SCHEME?
these so called executives are totally worthless. Making millions running government sponsored Ponzi schemes. Absolutely no chance to EVER pay back the debt.
Ponzi would be very proud of the criminals so called executives running this company
stay away if you can
don't trust anything these clowns have to say. the NG industry is a Ponzi scheme and any attempt by EIA to bring in new money will fail
this is a Ponzi scheme, try to stay away