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Benzinga
Benzinga
Business
Robert Kuczmarski

Why This Chesapeake Energy Analyst Is Bullish: ESG, Buybacks And More

Chesapeake Chesapeake Energy ESG CHK Credit Suisse Nasdaq

Due to Chesapeake Energy (NASDAQ:CHK) restructuring to lower its costs, it will be focusing on bolstering its balance sheet, as it is a legacy company, a Credit Suisse analyst said Tuesday.

With Chesapeake's recent acquisitions of Chief E&D Holdings and Vine Energy, it will be able to lower its costs and produce more natural gas, the bullish analyst said.

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