Money doesn’t just spring up from the ground..
May 8th, 2008
Chesapeake (CHK) reported a First Quarter Loss of over $100 million.
If you are an energy company and you find yourself losing money amidst the greatest energy market in the history of the world, you might want to check your business model. I absolutely can’t believe that this major company had to report a negative net profit during times such as these. I think maybe it’s CHK’s karma comming home to roost.
Good Job Guys!