Chesapeake Energy Corporation Is The Second Largest...

The Companies Chesapeake Energy Corporation is the second-largest producer of natural gas and the tenth-largest producer of liquids in the United States. It owns interests in approximately 46,800 natural gas and oil wells that produced a net interest average of approximately 665 mboe per day in the 2013 fourth quarter. The company has a large and geographically diverse resource base of onshore U.S. unconventional natural gas and liquids assets. It also owns substantial marketing, compression and oilfield services businesses. Cabot Oil Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. Its assets are concentrated in areas with known hydrocarbon resources conducive to multi-well, repeatable drilling programs. It operates in one segment, natural gas and oil development, exploitation, exploration and production, with all located in the continental U.S. Cabot is the thirteenth largest producer of natural gas in the U.S. In addition to the competition between the two firms addressed, fierce competition exists from other oil and gas producers, particularly ExxonMobil, the number one producer of natural gas in the United States. Macroeconomic Risks Both Chesapeake’s and Cabot’s revenues, operating results, financial condition and ability to obtain outside capital depends substantially on prevailing prices for natural gas and oil. Lower commodity prices may reduce the amount of natural gas andShow MoreRelatedChesapeake Energy Is The Second Largest Producer Of Natural Gas2324 Words   |  10 PagesExecutive summary Chesapeake Energy is the second largest producer of natural gas in United States. The company invented horizontal drilling and proved to be an expert of unconventional drilling. Having the drive and commitment to achieve great accomplishments Chesapeake managed to set operation efficiency standard in the industry with their core values of integrity, trust and transparency. Although having financial issues with acquiring more debt and less liquid capital, the company managed toRead MoreInternational Business3096 Words   |  13 Pagesoperation in Melbourne in 1885 which is one of Australia’s largest and oldest companies, and it focused on development, discovery, production, and marketing of natural resources. In value-added flat steel products, BHP was also a market leader. In 1860, Billiton was established in The Hague, Netherlands. Billiton developed a growing and substantial copper portfolio. It was also a global leader in the metals and mining sector, and a major producer of aluminum and alumina, steaming coal, nickel, and titaniumRead MoreExxon Mobile Capstone40455 Words   |  162 Pages............................................................10   MACRO  ENVIRONMENTAL  FORCES  ANALYSIS,  ECONOMIC  TRENDS  AND  ETHICAL  CONCERNS .....................................................................10   Upstream  and  Downstream  Oil  and  Natural  Gas ............................................................................................................................. 10   Petrochemical  Industry ...........................................................................................Read MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 PagesINVESTMENT VALUATION: SECOND EDITION I will be putting my entire second edition online, while the book goes through the printing process - it will be available at the end of the year. This may seem like a bit of a free lunch, and I guess it is. I hope, though, that you can do me a favor as you go through the manuscript. If you find any mistakes - mathematical or grammatical - could you please let me know? It would help me ensure that the typos do not find their way into the final version. Chapter