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Thursday, November 21, 2013

Chesapeake's Various Cost-Cutting Actions Are Helping the Bottom Line

From Seeking Alpha:
I have followed Chesapeake Energy (CHK) for a number of years and have written a number of articles on the company. I can honestly say that I am more optimistic about the company today than I have been in the last 3 or 4 years. As I follow the company and watch to see if it's maintaining its plan to bring itself back to profitability, I'm very excited about what I have been observing. What I am summarizing here, I will expound on later in this article. I am excited to see Chesapeake increasing revenue, decreasing capital expenditures and increasing productivity all at the same time. This is a winning combination. Let's take a look at the company's numbers.
Read the whole article here. 

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