Anyone else hear this?
CHK's market cap is <350MM
4 replies (most recent on top)
Hah yeah right. CHK would pretty much have to pay somebody to acquire them at this point. The debt load is higher than what the c-appy assets are worth. And none of the assets really fit Concho's business anyways. Nice try with a pump, though...
I bet they’ll love the 10 bill of debt to go along with that deal!
Don’t Concho chickens before they hatch.
What price do you think it wold go for? Were sc-aping the bottom of the barrel here.