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Friday, May 18, 2012

Energy Stock Alert; Chesapeake Energy (NYSE: CHK) on the Move

New York, NY, May 18, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for energy stock, Chesapeake Energy Corporation (NYSE: CHK), trading at $14.24 , up 0.69(5.11%) 1:26PM EDT on over  23 Million shares. The stock has had a day’s high of  $14.51.

On Tuesday the Company announced it has increased the size of a previously announced unsecured term loan from Goldman Sachs Bank USA and affiliates of Jefferies Group, Inc. from $3.0 billion to $4.0 billion based on strong investor demand.

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