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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