And, according to Stifel Nicolaus & Co analyst Michael Hall, GIP may pursue future deals with Chesapeake as the gas producer's other holdings mature.  
Share:  <span class="sent">And, according to Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span>, GIP may pursue future deals with <span class="company">Chesapeake</span> as the gas producer's other holdings mature. </span> Tweet this 

The joint venture will handle unregulated business activities for both Chesapeake and other natural gas producers, the company said. The announcement follows several previously completed steps that have reduced Chesapeake's leverage and cost structure, Stifel Nicolaus & Co analyst Michael Hall said. "The new JV also provides a vehicle for future midstream monetizations as additional assets reach the appropriate level of maturation," he wrote. "This should continue to enhance financial flexibility and returns in the years ahead." . 
Share:  The joint venture will handle unregulated business activities for both <span class="company">Chesapeake</span> and other natural gas producers, the company said. <span class="sent"> The announcement follows several previously completed steps that have reduced <span class="company">Chesapeake</span>'s leverage and cost structure, Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span> said. </span> "The new JV also provides a vehicle for future midstream monetizations as additional assets reach the appropriate level of maturation," he wrote. "This should continue to enhance financial flexibility and returns in the years ahead." . ...The joint venture will handle unregulated business activities for both <span class="company">Chesapeake</span> and other natural gas producers, the company said. <span class="sent"> The announcement follows several previously completed steps that have reduced <span class="company">Chesapeake</span>'s leverage and cost structure, Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span> said. </span> "The new JV also provides a vehicle for future midstream monetizations as additional assets reach the appropriate level of maturation," he wrote. "This should continue to enhance financial flexibility and returns in the years ahead." . Tweet this 

Revenue rose 25 percent to $2 billion in the quarter from $1.6 billion a year ago. Jefferies & Co analyst Biju Perincheril on Tuesday rated the stock "Buy," saying that despite concerns over the significant first quarter write down and lower cash balance, Chesapeake reported a solid quarter operationally. Perincheril noted that the company's Haynesville Shale program appears to be on track and its year end target has not changed from February guidance. Meanwhile Stifel Nicolaus & Co analyst Michael Hall lowered his 2009 and 2010 profit estimates for the company. Hall maintained a "Buy" rating on expectations of significant stock upside potential.  
Share:  Revenue rose 25 percent to $2 billion in the quarter from $1.6 billion a year ago. Jefferies & Co analyst Biju Perincheril on Tuesday rated the stock "Buy," saying that despite concerns over the significant first quarter write down and lower cash balance, <span class="company">Chesapeake</span> reported a solid quarter operationally. Perincheril noted that the company's Haynesville Shale program appears to be on track and its year end target has not changed from February guidance. <span class="sent"> Meanwhile Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span> lowered his 2009 and 2010 profit estimates for the company. Hall maintained a "Buy" rating on expectations of significant stock upside potential. </span> Tweet this 

Where's the price of oil and gas going? The volatility in the today's market is unprecedented for commodities, which Michael Hall, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. 
Share:  Where's the price of oil and gas going? <span class="sent">The volatility in the today's market is unprecedented for commodities, which <span class="analyst">Michael Hall</span>, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. </span>In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. Tweet this 

Where's the price of oil and gas going? The volatility in the today's market is unprecedented for commodities, which Michael Hall, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. 
Share:  Where's the price of oil and gas going? <span class="sent">The volatility in the today's market is unprecedented for commodities, which <span class="analyst">Michael Hall</span>, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. </span>In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. Tweet this 

Where's the price of oil and gas going? The volatility in the today's market is unprecedented for commodities, which Michael Hall, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. 
Share:  Where's the price of oil and gas going? <span class="sent">The volatility in the today's market is unprecedented for commodities, which <span class="analyst">Michael Hall</span>, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. </span>In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy. Tweet this 

Cabot Oil & Gas Corp shares fell Friday after it forecast production short of an analyst's estimate and failed to provide test results for two of its gas wells. The Houston-based company predicted a 6 percent increase in production for the first half of 2009, missing Stifel Nicolaus & Co.'s estimate of 17.5 percent, analyst Michael Hall said. Cabot fell 8.9 percent to $25.98. 
Share:  <span class="company">Cabot Oil & Gas</span> Corp shares fell Friday after it forecast production short of an analyst's estimate and failed to provide test results for two of its gas wells. <span class="sent"> The Houston-based company predicted a 6 percent increase in production for the first half of 2009, missing Stifel Nicolaus & Co.'s estimate of 17.5 percent, analyst <span class="analyst">Michael Hall</span> said. </span> Cabot fell 8.9 percent to $25.98. Tweet this 

Such estimates typically exclude one-time items. However, investors sent shares of Cabot lower on Friday. Stifel Nicolaus & Co analyst Michael Hall, who rates the stock "Buy," wrote in a note to investors Friday that the company's production guidance "weighs on (the) stock." Cabot said volatile oil and gas prices are forcing it to reassess its drilling plans. It said it had 18 rigs operating at the beginning of 2009, and now has just 15 operating. 
Share:  Such estimates typically exclude one-time items. However, investors sent shares of <span class="company">Cabot</span> lower on Friday. <span class="sent"> Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span>, who rates the stock "Buy," wrote in a note to investors Friday that the company's production guidance "weighs on (the) stock." </span> <span class="company">Cabot</span> said volatile oil and gas prices are forcing it to reassess its drilling plans. It said it had 18 rigs operating at the beginning of 2009, and now has just 15 operating. ...<span class="sent">Stifel Nicolaus & Co analyst <span class="analyst">Michael Hall</span>, who rates the stock "Buy," wrote in a note to investors Friday that the company's production guidance "weighs on (the) stock." </span> <span class="company">Cabot</span> said volatile oil and gas prices are forcing it to reassess its drilling plans. It said it had 18 rigs operating at the beginning of 2009, and now has just 15 operating. By June, it expects to have 13 rigs operating. Tweet this 

Shares of Chesapeake Energy lifted on Wednesday after the oil and natural gas company reported fourth-quarter production volumes about 3 percent above expectations, suggesting strong operations, and analysts noted the company's good liquidity position. Chesapeake shares gained $1.26, or 8 percent, to $16.90 in Wednesday afternoon trading. Shares have ranged between $9.84 and $74 over the past 52 weeks. "Given the meaningfully reduced rig count in the fourth quarter of 2008 we view the strong production results as a testament to the quality of the company's assets and operations," said Michael Hall, an analyst with Stifel Nicolaus & Co. Hall assigned Chesapeake a "Buy" rating and a $50 price target.  
Share:  Shares of <span class="company">Chesapeake Energy</span> lifted on Wednesday after the oil and natural gas company reported fourth-quarter production volumes about 3 percent above expectations, suggesting strong operations, and analysts noted the company's good liquidity position. Chesapeake shares gained $1.26, or 8 percent, to $16.90 in Wednesday afternoon trading. Shares have ranged between $9.84 and $74 over the past 52 weeks. <span class="sent"> "Given the meaningfully reduced rig count in the fourth quarter of 2008 we view the strong production results as a testament to the quality of the company's assets and operations," said <span class="analyst">Michael Hall</span>, an analyst with Stifel Nicolaus & Co. Hall assigned Chesapeake a "Buy" rating and a $50 price target. </span>...<span class="company">Chesapeake</span> shares gained $1.26, or 8 percent, to $16.90 in Wednesday afternoon trading. Shares have ranged between $9.84 and $74 over the past 52 weeks. <span class="sent"> "Given the meaningfully reduced rig count in the fourth quarter of 2008 we view the strong production results as a testament to the quality of the company's assets and operations," said <span class="analyst">Michael Hall</span>, an analyst with Stifel Nicolaus & Co. Hall assigned <span class="company">Chesapeake</span> a "Buy" rating and a $50 price target. </span> Hall also raised the company's 2008 and 2009 profit estimate to $3.60 from $3.59 and to $2.40 from $2.39, respectively. ...Shares have ranged between $9.84 and $74 over the past 52 weeks. <sp Tweet this