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Don't Give Up On Chesapeake
2016-03-10 12:14:48| Oil & Gas - Topix.net
Chesapeake Energy has a strong hedge position, with 58% of its natural gas production hedged at $2.84 per mcf and 56% of its oil production hedged at $47.79 per barrel. The company's strong hedge position will allow it to mitigate the weakness in oil and gas prices to some extent, and also help it strengthen its cash flow position.
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