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Chesapeake Playing Price Waiting Game

With its stock price languishing around a dollar, ChesapeakeEnergy is watching the depressed gas and oil market from atop a$900 million mountain of debt. The view, according to CEO Aubrey K.McClendon, is one of opportunity. “We think our company has one ofthe best upside stories for natural gas prices down the road.”

January 25, 1999
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