Chesapeake Energy Corp.’s continued acquisitiveness this year has given the producer an even bigger bag of domestic shale prospects to develop, but the buying spree, plus questions about its accounting practices, has drawn a “sell” recommendation from one veteran analyst.
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Analyst Questions Chesapeake’s Spending, Accounting Methods
Chesapeake Energy Corp.’s continued acquisitiveness this year has given the producer an even bigger bag of domestic shale prospects to develop, but the buying spree and questions about its accounting practices have drawn a “sell” recommendation from one veteran analyst.
December 6, 2010
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