Clean Energy Fuel Corp Is Receiving $150M Investment From Chesapeake Energy

- Clean Energy Fuel Corp Is Receiving $150M Investment From Chesapeake Energy



Jul 12, 2011

Clean Energy Fuel Corp. (NASDAQ:CLNE) is receiving a $150 million investment from Chesapeake Energy Corp. (NYSE:CHK) as part of the company's $1 billion fund to invest in companies that develop infrastructure or technology to increase the use of gas as a motor fuel, according to a Bloomberg report.

Clean Energy Fuels has a potential upside of 17% based on a current price of $14.82 and an average consensus analyst price target of $17.33.

Oil & Gas Post

Promote Your Page Too

Chesapeake Energy Raises Dividend 17%

- Chesapeake Energy Raises Dividend 17%



Jun 13, 2011

Chesapeake Energy Corporation (NYSE:CHK) announced today a quarterly dividend of $0.0875 per share, to be paid July 25th to shareholders of record as of July 1st.

The dividend represents a 1.2% annual yield based on the stock's closing price Friday of $29.24 per share.

Aubrey K. McClendon, Chesapeake's CEO commented: "We are pleased that our Board has approved a significant 17% increase in Chesapeake's common stock dividend. This is our first dividend increase since June 2008 and reflects the Board's confidence in Chesapeake's steadily strengthening financial position. It is our goal to be able to increase our common stock dividend regularly in the years ahead."

Chesapeake Energy has a potential upside of 34.3% based on a current price of $29.24 and an average consensus analyst price target of $39.26.

Oil & Gas Post

Promote Your Page Too

Chesapeake Energy Topped Q1 EPS Estimates

Chesapeake Energy Topped Q1 EPS Estimates



May 2, 2011

Chesapeake Energy (NYSE:CHK) reported Q1 EPS of $0.75, ex-items, ahead of consensus estimates of $0.70 per share. Revenues for the quarter fell to $1.61 billion. Analyst expected revenues of $2.68 billion, which may not be comparable.

Chesapeake Energy has a potential upside of 19.4% based on a current price of $33.23 and an average consensus analyst price target of $39.67.

Oil & Gas Post

Promote Your Page Too