Undervalued

Goldman: Target Upside for 16 Energy Companies

Goldman Sachs analysts recently published their list of the top 40 undervalued stocks and 40% of them were energy-related. Chesapeake Energy Corp. was the only energy stock listed of 25 others “that people expect to fail.”

January 14, 2013

Icahn Now Chesapeake’s Second Largest Shareholder

Activist shareholder Carl Icahn, famous for shaking up management teams at what he considers undervalued companies, now holds about 5.8% of Chesapeake Energy Corp., according to a filing with the Securities and Exchange Commission (SEC).

January 3, 2011

Icahn Now Chesapeake’s Second Largest Shareholder

Activist shareholder Carl Icahn, famous for shaking up management teams at what he considers undervalued companies, now holds about 5.8% of Chesapeake Energy Corp., according to a filing with the Securities and Exchange Commission (SEC).

December 22, 2010

Devon Buys Santa Fe Snyder for $2.23B

Devon Energy once again showed its knack for timing on Friday bygrabbing Santa Fe Snyder while its stock was undervalued. Devonperformed a similar feat with PennzEnergy just last year (see DailyGPI, May 21). Observers believe this$2.23 billion merger, excluding about $1 billion in debt assumption,could be one of the last this year among large and small producersbecause of the impact of the booming energy market on stock prices.

May 30, 2000