Respected Analyst Says Chesapeake Out of the Woods, No Bankruptcy

Richard Zeits is an oil and gas, commodities, and long/short equity research analyst. He writes on the Seeking Alpha website and is, without a doubt, the best writer we read on o&g matters on the SA website. So when we spotted an article he’s written about Chesapeake Energy, that its “distress risk” (i.e. bankruptcy) is now “remote”–we took notice. It wasn’t long ago that many were betting the company would declare bankruptcy (see Chesapeake Energy: We’re Not Filing for Bankruptcy…Yet). Here’s what Mr. Zeits had to say…

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