CHK acquisition, CLR gets POWDER RIVER

[Fraser921]

https://investors.chk.com/2022-01-25-CH ... SIN-ASSETS

https://filecache.investorroom.com/mr5i ... 5_2022.pdf

https://investors.chk.com/events-and-webcasts?item=51

[Fraser921]

Someone is buying CLR

Nice to be able to write a 400 m check after spending 3.200 m in December.

I estimate they are making 10 m a day FCF

[dan_s]

CLR generated over $4.1 billion of operating cash flow in 2021 and should generate over $6.1 billion ($16.75/share) of operating cash flow in 2022. 6X operating cash flow is a reasonable 12-month price target for CLR.