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CGC   19.83 (+1.07%)
NVDA   267.60 (+2.12%)
BABA   210.17 (+2.21%)
MU   52.38 (+0.52%)
GE   10.91 (-3.71%)
AMD   47.75 (+0.38%)
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ACB   1.52 (+0.66%)
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NFLX   378.54 (+5.12%)
BAC   30.75 (-1.06%)
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DOW   27,036.83 (-0.16%)
QQQ   217.04 (+0.78%)
AAPL   292.44 (+1.51%)
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GE   10.91 (-3.71%)
AMD   47.75 (+0.38%)
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BAC   30.75 (-1.06%)
DIS   123.43 (-3.71%)
S&P 500   3,127.79 (-0.01%)
DOW   27,036.83 (-0.16%)
QQQ   217.04 (+0.78%)
AAPL   292.44 (+1.51%)
MSFT   170.50 (+1.45%)
GOOGL   1,397.80 (+0.83%)
AMZN   1,982.17 (+0.48%)
CGC   19.83 (+1.07%)
NVDA   267.60 (+2.12%)
BABA   210.17 (+2.21%)
MU   52.38 (+0.52%)
GE   10.91 (-3.71%)
AMD   47.75 (+0.38%)
T   37.29 (-0.16%)
ACB   1.52 (+0.66%)
F   7.26 (+0.28%)
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7 High-Risk Stocks with Huge Potential Rewards in 2020 - 2 of 8

 
#1 - Chesapeake Energy (NYSE:CHK)

Chesapeake Energy logo

CHESAPEAKE ENERGY (NYSE: CHK) - Chesapeake Energy is a possible play for investors looking to take advantage of the higher energy prices. CHK’s stock was a microcosm of the broader market in 2018. Shares of the company surged over 30% at the beginning of the year as the Trump administration’s tax policies and rising employment lifted energy prices. However, an unfortunately timed $4 billion buyout of WildHorse Resource Corporation and concerns of oversupply and a slowing economy in the U.S caused shares to drop more than 45% by the end of the year. Now, with energy prices once again on the rise, CHK’s stock is climbing as well. This year the stock is up over 60%, which is significantly higher than the industry average of just below 14%. Furthermore, analysts are seeing positive signs in a 2018 fourth-quarter earnings report that came in better than expected along with an increase in stock holdings from the company’s management. The risk for Chesapeake is leverage. The company’s debt levels are above the company’s target levels. The recent climb in oil prices is certainly helping CHK’s efforts to get their balance sheet in order. That could backfire however if oil prices endure another correction.



About Chesapeake Energy
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; Powder River Basin in Wyoming; and Mid-Continent in Anadarko Basin of northwestern Oklahoma. As of December 31, 2018, it owned interests in approximately 13,200 oil and natural gas wells; and had estimated proved reserves of 1,448 one million barrels of oil equivalent. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Current Price: $0.30
Consensus Rating: Hold
Ratings Breakdown: 1 Buy Ratings, 8 Hold Ratings, 5 Sell Ratings.
Consensus Price Target: $2.05 (583.1% Upside)



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